- Advertisement -
Home Personal Finance 7th Pay Commission: There will be a big jump in salary due...

7th Pay Commission: There will be a big jump in salary due to 31% DA, Level-1 will increase by Rs 20484, see complete maths

0
7th Pay Commission: Government gave good news to the employees before DA, got relief of so much, know details

7th Pay Commission: Central employees can get good news again. There is a possibility of increase in Dearness Allowance (DA) for employees and Dearness Relief (DR) for pensioners.


This is likely to benefit more than 1 crore central employees and pensioners.
Let us tell you that the Central Government had recently announced an increase in DA from 17 percent to 28 percent. Due to Corona Pandemic, the government had frozen DA last year till June 2021.

31 per cent may be DA

The Dearness Allowance (DA) for July 2021 has not been decided yet, but the AICPI data for January to May 2021 shows that it may increase by up to 3 per cent. In this way, after increasing by 3 percent, dearness allowance will reach 31 percent. According to media reports, the central government may announce to increase DA around Dussehra or Diwali.

The total dearness allowance has increased by 11 per cent as compared to last year. The government has reduced it to 28 per cent from July 2021. Now if it increases by 3 percent in June 2021, then it will reach 31 percent with dearness allowance (17+4+3+4+3). That is, if the basic salary of an employee is Rs 50,000, then he will get DA of Rs 15,500.

Calculation on 31% DA

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, while the rate of 28 percent will be Rs 15932 / month i.e. the total dearness will increase by Rs 1707. That is, the total increase in salary will be Rs 20484 annually.


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).

- 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