7th Pay Commission: Central employees can get another good news after increasing DA. The news is coming that along with dearness allowance, the House Rent Allowance of the employees may also increase.
new Delhi. 7th pay commission: Modi government has recently given great news for central government employees. Dearness Allowance (DA) of employees has increased to 34 percent. But now news is coming that along with dearness allowance, other allowances can also increase. The most important allowance among these allowances is the House Rent Allowance, which may increase soon.
HRA may increase
According to media reports, the House Rent Allowance (HRA) of the employees may also increase. After this, there will be a bumper increase in the salary of the employees. According to reports, the next revision in HRA will be of 3 percent. The maximum HRA rate can be increased from 27 per cent to 30 per cent. The category of House Rent Allowance (HRA) is according to the X, Y and Z class cities. Central employees who fall in the X category are getting 27 percent HRA. HRA of Y category employees will be from 18 percent to 20 percent. At the same time, the HRA of Z class will increase from 9 percent to 10 percent.
HRA revision happens as DA increases
HRA was revised in July last year with DA crossing 25%. In July 2021, the government increased the Dearness Allowance to 28 percent. HRA itself got revised as soon as DA crossed 25 per cent. However, now the dearness allowance has increased to 34 percent. Now the question is that after the ever increasing DA, when will the next revision of HRA happen?
How is HRA calculated?
According to the 7th Pay Matrix, the maximum basic salary of central employees is Rs 56,900 per month, then his HRA is calculated at 27 percent. If you understand by simple calculation…
- HRA = Rs 56900 × 27/100 = Rs 15363 per month
- Having 30% HRA = Rs 56,900 × 30/100 = Rs 17,070 per month
- Total difference in HRA: Rs 1707 per month
- Increase in annual HRA – Rs 20,484
