7th Pay Commission DA Hike: The total DA will increase from 38 percent to 42 percent. The increased DA for central employees from January 2023 can be paid in the salary of March. Approval can also be received from the cabinet in March.
7th Pay Commission DA Hike: Dearness allowance is going to increase once again in January 2023 for central employees. The salary of the employees (Central government employee’s salary) will increase again. However, it has not yet been decided when the increased dearness allowance (DA Hike) will be approved in January 2023. But, a 4% increase in DA is fixed. It is expected that it can be approved in the cabinet meeting on 1 March. If this happens then there will be a good increase in the salary of the employees. At present, the dearness allowance is 38%.
This is how DA of January 2023 will be decided
According to experts, dearness allowance may increase by 4% in January 2023 as well. Means DA can increase from 38% to 42%. According to AICPI data, the figures have come till December 2022. Accordingly, a 4% increase in Dearness Allowance (DA) is almost certain. After the dearness allowance received in January, DA will be calculated according to the figures and a good increase is being seen in it.
If we look at the figures of December 2022, then dearness allowance will be 42%. If till December 2022 the figure of CPI(IW) remains at 132.3. It is clear from the figures that the dearness allowance will increase by more than 4 percent. The total DA will increase from 38 percent to 42 percent. The increased DA for central employees from January 2023 can be paid in the salary of March.
90,720 will get DA
After the 4% dearness allowance increase, the total DA will be 42%. Now the total annual dearness allowance on the basic salary of Rs 18,000 will be Rs 90,720. But, if we talk about the difference from the current dearness allowance, then the salary will increase by Rs 720 every month, while the annual increase will be Rs 8640.
Calculation on minimum basic salary
1. Basic salary of the employee – Rs 18,000
2. New Dearness Allowance (42%) – Rs 7560/month
3. New Dearness Allowance (42%) – Rs 90,720/annum
4. Dearness Allowance till now (38%) – Rs.6840/month
5. How much dearness allowance increased – 7560- 6840 = 720 rupees / month
6. Increase in annual salary – 720X12= Rs 8,640
Calculation on maximum basic salary
1. Basic salary of the employee – Rs 56,900
2. New Dearness Allowance (42%) – Rs 23,898/month
3. New Dearness Allowance (42%) – Rs 286,776/annum
4. Dearness Allowance till now (38%) – Rs 21622/month
5. How much dearness allowance increased – 23898-21622 = 2276 rupees / month
6. Increase in annual salary – 2276 X12 = Rs 27,312
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