- Advertisement -
Home Personal Finance 7th Pay Commission DA Hike: DA will increase to 48% in July,...

7th Pay Commission DA Hike: DA will increase to 48% in July, salary will increase by Rs 27,000.

0
DA Hike: There will be this much increase in dearness allowance of employees, government replied on the formation of 8th Pay Commission

7th Pay Commission DA Hike: There is great news for central government employees. The government has recently increased the dearness allowance (DA Hike News). In the midst of increased dearness allowance, the government has given another gift to lakhs of central employees. Now once again the DA of government employees is going to increase by 4%.


7th Pay Commission DA Hike: There is great news for central government employees. The government has recently increased the dearness allowance (DA Hike News). In the midst of increased dearness allowance, the government has given another gift to lakhs of central employees. Now once again the DA of government employees is going to increase by 4%. According to media reports, the government may also go ahead with the trend of increasing dearness allowance. For the last 2 times, the government is increasing DA by 4 percent and in the month of July, the government can once again increase DA by 4 percent.

DA of employees increased to 42 percent

Let us tell you that when the dearness allowance received by the employees was 34 percent, then the government had increased the DA by 4 percent for the first time. After that the DA received by the employees was increased to 38 per cent and now once again the government has increased the DA of the employees by 4 per cent to 42 per cent.

AICPI released the report

The report released by the All India Consumer Price Index (AICPI) states that the Modi government may once again increase the dearness allowance by 4 percent in the month of July. At present, the final figures of AICPI are yet to come.

There will be an increase of Rs 27,000 in full

Let us tell you that if the basic salary of an employee is Rs 18,000, then his salary will increase by Rs 720 per month, that is, the salary of the employees will increase by Rs 8640 annually. On the other hand, if the basic of the employees is Rs 56,900 per month, then the salary will increase by Rs 2,276 per month. That means, on an annual basis, Rs 27,312 will increase.

Fitment factor

The basic salary of central employees increases on the basis of fitment factor. As per the recommendation of the 7th Pay Commission, apart from pay allowances, the salary of central employees is increased only by the fitment factor in the basic pay. Earlier, due to increase in the fitment factor, the salary of central employees had increased two and a half times. Now the employees are again demanding to increase the fitment factor. He says that it is necessary to increase the basic salary and total salary.

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version