7th Pay Commission: The Modi government gave a big gift to the central employees before Diwali last week. In the cabinet meeting, Dearness Allowance (DA) was increased by 3 percent.
This increased DA will be considered as increased from July 1. After 7 days from now the increased salary of the employees will come in the bank account, but have you calculated how much your monthly salary will increase annually. Along with the increased salary, Diwali bonus to the employees will also come in the salary of October. Here we are telling you the complete maths.
Dearness Allowance has gone up to 31 percent
Along with DA, the government has also increased the dearness relief i.e. DR of pensioners by 3 percent. Now the Dearness Allowance (DA) and Dearness Relief (DR) of central employees has increased from 28 per cent to 31 per cent. This will benefit 47 lakh 14 thousand central government employees and 68 lakh 62 thousand pensioners.
DA will increase this much on 56900 basic salary
If the basic salary of the employee is Rs 56900, then under the new dearness allowance i.e. 31 percent, the allowance will be Rs 17639 per month, while the rate of 28 percent will be Rs 15932 / month i.e. the total dearness will increase by Rs 1707 per month. That is, the total increase in salary will be Rs 20484 annually.
DA will increase this much on 18000 basic salary
Suppose if your basic salary is Rs 18,000. He is getting DA of Rs 5030 now. At present DA is 28% of the basic salary. Now it has increased to 3 percent. That is, now DA will be available at the rate of 31 percent. Now at the rate of 31 per cent, Rs 5,580 will be available. That is, if the basic salary of the employees is Rs 18000, there will be an increase of Rs 540 in DA. 6,480 per annum will increase in salary. Higher your basic salary, higher will be the DA. Dearness Allowance will be 31% of Basic Pay and will increase accordingly.
Know what is DA
Dearness Allowance is a fixed part of the basic salary of the employee. To reduce the effect of inflation in the country, the government gives dearness allowance to its employees. It is extended from time to time. Pensioners get this benefit in the form of Dearness Relief (DR).
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