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Home FINANCE DA Hike New Update: Good news, basic salary of employees increased from...

DA Hike New Update: Good news, basic salary of employees increased from Rs 18000 to Rs 26000

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There is big news for the employees. On one hand, his dearness allowance has been increased by 4 percent. At the same time, their minimum wages will be increased.

New preparations are being made by the government for this. Although it has not been officially announced yet, but it is believed that the basic salary will be increased soon. With this, the basic salary can increase from 18000 to 26000 rupees.

Decision on increasing the fitment-

According to media reports, in view of the upcoming elections, the Modi government may take a decision on increasing the fitment. Along with this, new formulas can also be prepared to increase the salary. At present the fitment factor for central employees is 2.57 per cent dearness allowance, 42 per cent employees are demanding that their fitment factor be increased to 3.68.

The fitment factor will increase to 3.68 percent.

The same possibility is being expressed that in view of the upcoming elections, the fitment factor can be increased from 2.57 years to 3 percent or 3.68 percent under the Seventh Pay Commission. It is believed that in 2024, the fitment factor can be increased based on the recommendation of the Seventh Pay Commission. Although elections are to be held in 2024. Hence the fitment factor can be implemented from 2026 onwards.

If sources are to be believed, the fitment factor will not increase in the year 2023, but it can be increased by reviewing it in 2024. However, no clarification has been given by the government on this yet. This will be discussed by the department. Also the recommendation can be sent to the Finance Ministry. At the same time, the discussion of setting up a new pay commission next year is getting intensified.

Will tell that the fitment factor is considered very important for central employees. On the basis of this, the minimum salary of the employees is fixed. According to the recommendation of the Seventh Pay Commission, the basic salary of central employees increases. Let us inform that earlier the fitment factor was increased by more than two and a half times.

Basic salary will increase from ₹18000 to 21000-

For employees, if the existing fitment factor of 2.57 is increased to three, then the basic salary will increase from ₹ 18000 to ₹ 21000. If it is increased to 3.68 as per the demand of the employees, then the salary will increase to ₹ 25760. On the other hand, if this happens, 68 lakh employees will get its benefit.

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