7th Pay Commission latest news today: Dearness allowance will be increased once again. At the same time, travel allowance and arrears will also be benefited.
There will be a bumper increase in the salary of central employees from July 2023, while there are also chances of promotion. The next 6 months are going to be wonderful for the central employees. In July 2023, dearness allowance (DA) will increase once again. At the same time, Travel Allowance (TA) will also increase.
Apart from this, there is full expectation of appraisal of the employees. At the same time, the dearness allowance of July will be paid in the salary of October. That’s why they will also get DA Arrears of 3 months. It is clear that after July 2023, there will be a bumper increase in the salary of central employees. In such a situation, one after the other good news is waiting for him in the coming 6 months.
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Other allowances will increase with dearness allowance
Dearness Allowance will not only increase in July for central employees. Rather, other allowances are also bound to increase. This includes Travel Allowance and City Allowance. At the same time, there is a big increase in their retirement benefits like Provident Fund and Gratuity due to increase in dearness allowance. In such a situation, this year is bringing great news for the central employees.
Central employees will be promoted
Promotion is also due at different levels of central employees. The appraisal window remains open till June. After this it is processed from July. After filling the self-assessment by June, there will be an officer review.
After this the file will move forward. The employees who will be promoted, their salary will also increase tremendously. The increase in promotion and salary will be according to the recommendations of the 7th Pay Commission. The HR-soft window of the Annual Performance Assessment Report module has been opened online in the EPFO department.
Will get arrears of 3 months
The dearness allowance of central government employees will be applicable from July 2023. In the coming days, it will be clear from the numbers of CPI-IW index that how much dearness allowance has to be increased. Inflation figures from January 2023 to June 2023 will decide how much dearness allowance has to be increased.
After this it will be announced in October. But, if applicable from July, the arrears of July, August, September (DA Arrears) should also be given. Due to the payment of arrears, a huge amount will come into the account of the employees.
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Dearness Allowance (DA) may increase by 4 percent
The dearness allowance of central employees has been increased from January 2023 in March. There has been an increase of 4 percent in this. At the same time, now the next hike is to be for July. The numbers for 2 months have come for the dearness allowance which is decided by the numbers of AICPI index.
The index has reached around 44 per cent in January and February. Means 2 percent more dearness allowance has increased. But, the numbers are to come by June. It will be known in August that how much the dearness allowance will increase. Experts believe that the next increase can also be of 4 percent. In such a situation, the total DA will increase to 46 percent.
