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HomePersonal Finance7th Pay Commission: Big news for the employees! Huge amount will come...

7th Pay Commission: Big news for the employees! Huge amount will come in the account, know latest updates

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DA Latest Update: Lakhs of central government employees will get great news along with the new year. Yes, like every year, this time too the dearness allowance of the employees is expected to increase in January. Let us know about it in detail.


Let us tell you that the dearness allowance of government employees is increased twice every year, the first in January and the second in July.

The dearness allowance of July has been extended to September 2022. Now the next i.e. January DA hike is expected to happen in March 2023. Although it will be implemented from January.

DR of pensioners will also increase along with DA

This dearness allowance, which will be applicable from January 1, will be given to the employees along with the arrears in March. According to media reports, the government will also increase the DR of pensioners along with this. Apart from this, in some media reports, it is being said that DA arrears of 18 months will be received. But the government has categorically denied this.

DA is increased in January and July

Let us tell you that DA and DR are increased twice a year in January and July. Last time in September, 48 lakh employees and 68 lakh pensioners got its benefit.

At present, the dearness allowance of central employees is 38 percent. Now it is expected to be 42 percent with an increase of 4 percent in January. In March last year, the government had increased DA by 3 percent.

The way for 4 percent DA hike is clear due to the continuous increase in Aicpi Index. In October 2022, it has increased to 132.5 percent. There will be an increase in DA in March on the basis of Aicpi Index figures of November and December.

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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