- Advertisement -
Home Personal Finance 7th Pay Commission: Government can increase DA of employees with this new...

7th Pay Commission: Government can increase DA of employees with this new formula, know how much will be the benefit

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

The government is preparing to bring such a formula, which will automatically increase the salary of the employees on time. At present, employees are getting salary on the basis of 7th Pay Commission (7th Pay Commission).



The government may increase the DA of central employees next month (DA Hike). In view of the rising inflation, the increase in DA of government employees is believed to be fixed. However, no official statement has come from the government about this yet. But according to the news, the government is working on a plan to increase the DA of the employees. It is being said that the government can increase the DA of central employees by five percent in July. At present, the government is paying DA at the rate of 34 per cent and had increased DA in March this year.

This formula will be adopted

At present, employees are getting salary on the basis of 7th Pay Commission (7th Pay Commission). The government is increasing the dearness allowance included in it every year. It is reported that now the government will not bring any new pay commission. A new formula can be adopted to increase the salary of employees.

Automatic pay system

According to reports, the government may bring a formula to increase the salaries of central employees on the basis of performance. The government is preparing to bring such a formula, which will automatically increase the salary of the employees on time. It can be named as Automatic Pay System.


If the government comes up with this formula to increase the salary, then there will be an automatic increase in the salary / pension of 68 lakh central employees and 52 lakh pensioners if they have 50 percent DA. However, the government has not yet taken any final decision on this.

Basic salary may increase

If the government implements this formula, then the lowest level employees can get the most benefit. The basic salary of employees with level matrix 1 to 5 can be at least 21 thousand. It is the endeavor of the government that all employees should get equal benefits.

According to the current grade pay, there is a big difference in the salary of the employees. At present, there are a total of 14 pay-grades and all include from employees to officers. Central government employees are getting the benefit of 7th Pay Commission (7th Pay Commission) from June 2017.

Why is DA given?

The DA given to government employees is part of their financial assistance salary structure. The government increases the DA according to the inflation, so that the standard of living of the employees is not affected in any way. In the month of March this year, the government had increased the DA of central employees by 3 percent.

- 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