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HomePersonal Finance7th Pay Commission 5 Updates: 5 big updates for central employees before...

7th Pay Commission 5 Updates: 5 big updates for central employees before Holi, from DA to fitment factor, know details

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Along with the increase in Dearness Allowance (DA) / Dearness Relief (DR) from the Government under the Seventh Pay Commission to the Central Government employees, a big announcement on HRA is expected soon. A big announcement can be made on all these from the government before Holi.

Official announcement not made

No official announcement has been made by the government. But on the basis of media reports, an announcement can be made soon. Meanwhile, some state governments have cleared the stand on the salary increase of the employees. Let’s know 5 big updates, about which every government employee should know.

Will the fitment factor increase to 3.68?

An announcement may soon be made by the government on increasing the fitment factor of central and state employees. According to media reports, due to the change in the fitment factor, the minimum salary of the employees will increase. Several employee unions have requested that the government increase the fitment factor from 2.57 to 3.68 per cent.

Will the arrears come up to 2 lakhs?

According to sources, one time settlement of up to Rs 2 lakh as arrears of dearness allowance can be given by the Union Cabinet. If this is agreed, then 18 months DA arrears will come in the account of the employees.

Even on basic pay

If the fitment factor of employees is increased from 2.57 percent to 3.68 percent on behalf of the government, then it will increase the basic pay. On increasing the fitment factor, the minimum salary of the employees will increase by Rs. That is, the salary of Rs 18000 will increase to Rs 26000.

DA will increase by 34 percent!

The DA of central employees can be increased from 3% to 34% by the government. According to media reports, the government can make an official announcement about this before Holi. The Odisha State Government has also increased the DA and DR of the employees.

Himachal government increased DA

An increase in DA has been announced by the Himachal Pradesh government on January 31. State Chief Minister Jai Ram Thakur had ordered to give 3 percent additional DA to the employees. The government had ordered to give additional dearness allowance from July 1, 2021. It will be given along with the salary due on March 1 of the month of February.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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