7th Pay Commission latest news: At present, dearness allowance pay is being paid to central employees at the rate of 28 percent. Now it may increase soon.
7th Pay Commission latest news: Before the festival of Diwali, the central employees have got a big gift. Just before Diwali, the Dearness Allowance of central employees has been increased by 3 percent. It will be credited in the salary of October. A total of 31 per cent DA will be paid. With this, there will be a significant jump in the salary of Central Government employees. We have calculated the monthly and annual salary. However, this is a core calculation. If other allowances are added to this, the calculation may be slightly different.
DA up 3% to 31%
Dearness allowance news for July 2021 has been announced in October. Earlier, the dearness allowance for January 2021 was announced in July. Dearness allowance was frozen in the year 2020 due to Corona infection. After this, in July 2021, 11 percent DA was increased simultaneously. Now it has increased by 3 percent. Due to this 31 percent DA has become. According to JCM Secretary (Staff Side) Shiv Gopal Mishra, it is definitely a big relief for the government employees.
How much will the salary increase by increasing 3%?
According to the 7th Pay Commission Matrix, the salary range of Level-1 of central employees ranges from a minimum of Rs 18,000 to a maximum of Rs 56,900. If Dearness Allowance (DA Hike) increases by 3 percent in June, then the total DA will be 31 percent.
Calculation on 31% DA
1. Basic salary of the employee Rs 18,000
2. New dearness allowance (31%) Rs 5580/month
3. Dearness allowance so far (28%) Rs 5040/month
4. How much dearness allowance increased by 5580-5040 = Rs 540/month
5. Increase in annual salary 540X12 = Rs 6480
Meaning the employees will get Rs 540 added in the next salary as compared to the previous month. On an annual basis, this difference will be Rs 6480.
Salary will increase more in high salary bracket
Let us calculate the maximum basic salary of Level-1 at Rs 56900.
Calculation on 31% DA
1. Basic salary of the employee Rs 56900
2. New dearness allowance (31%) Rs 17639 / month
3. Dearness allowance so far (28%) Rs 15932 / month
4. How much dearness allowance increased 17639-15932 = Rs 1707 / month
5. Increase in annual salary 1707X12 = Rs 20484
This means that Rs 1707 more will come in the salary of the employees this month. On an annual basis, this difference will be Rs 20,484.
Calculation only includes dearness allowance, HRA
According to the 31 percent dearness allowance (DA 31% Salary Calculation), the total annual dearness allowance on the basic salary of Rs 56,900 will be Rs 211,668. This difference will be Rs 20,484 per annum as against the current rate of 28 per cent. However, the calculation of how much the final salary will be will be known after adding other allowances including HRA.
