New Delhi: There is a good news for the central employees. Actually, from July 1, his salary is now going to increase. The central government is going to increase dearness allowance from July 1.
The dearness allowance is estimated to range from 34% to 38%. This will have a direct impact on the salary of central employees. Let us know how much salary will increase after increasing dearness allowance.
There is good news for the central employees amid rising inflation. The government is increasing the DAH in July. AICPI said that dearness allowance may exceed 4% in July-August.
AICPI jumped in March
Between January-February, the AICPI index had registered a decline. Then this figure was 125.1. After this it became 125 in February. But in March it saw an increase and this month it was at 126. The April-May-June numbers are yet to come. If the AICPI index increases by 126 then the government may increase the DA by 4%.
How much will the salary increase
If government hikes DA by 4%, DA of central employees will increase by 34% to 38%
Minimum salary calculation
Basic salary of a central employee – Rs 18000,
dearness allowance 38% / month, – 6840
till now was 34% / month 6120
How much allowance increased dearness 6840 – 6120 = Rs 720 / month
Increase in annual salary 720 X12 = Rs 8640
Maximum salary calculation
Basic salary of central employee – Rs 56000,
dearness allowance Rs 38% / month, – 21,622
till now was 34% Rs / month 19,346
By how much dearness allowance increased 21,622- 19,346 = Rs 2,276 / month
Increase in annual salary 2,276 X12 = Rs 27,312
