The government, while giving a tremendous gift of Holi to the government employees, has announced that lakhs of rupees will come into the account of the employees before Holi. Let’s know the whole news
There is very good news for central employees before Holi. According to the information received from the sources, the central government has given a big gift of increase in dearness allowance to 47 lakh employees of the country and dearness relief to 68 lakh pensioners. However, it has not been formally announced yet.
According to the information received from the sources, in the cabinet meeting held on March 1 under the leadership of Prime Minister Narendra Modi, the government has given green signal to increase in dearness allowance and dearness relief. But no press conference was held on the cabinet meeting held on Wednesday, nor was any press release issued by the government. With which it has not been announced yet. It is being told that Prime Minister Narendra Modi can announce it anytime before Holi.
After this i.e. after Holi, the Finance Ministry will issue its notification. According to the information, after reviewing the dearness allowance figures, the Union Cabinet passed the proposal for a 4 percent increase in dearness allowance, after which the DA will now increase from 38 to 42 percent.
After the notification of increase in dearness allowance is issued, the increase in salary of central employees and pension of pensioners will be implemented. According to the information, if everything goes well, the salary for March will be paid along with the new dearness allowance. While the arrears of January and February will be received. The increased dearness allowance and relief will be applicable from January 1, 2023 itself.
Dearness Allowance will be Rs 90,720.
It is worth noting that the central employees (7th Pay Commission) are currently being paid DA at the rate of 38 per cent. If it increases by 4 percent, it will increase to 42 percent. After this, the annual dearness allowance will increase to Rs 90,720 for those with a basic salary of Rs 18,000. Talking about the difference from the existing dearness allowance, the salary will increase by Rs 720 per month and Rs 8640 annually.
Calculation on minimum basic salary Rs 18,000
- Basic salary of employee Rs 18,000
- New Dearness Allowance (42%) Rs 7560/month
- Till now Dearness Allowance (38%) Rs 6840/month
- How much dearness allowance increased 7560-6840 = Rs 720/month
in annual salary Increase 720X12= Rs 8640
Calculation on maximum basic salary Rs 56900
- Basic salary of employee Rs 56900
- New DA (42%) Rs 23898/month
- Dearness Allowance till date (38%) Rs 21622/month
- How much DA increased 23898-21622 = Rs 2276 2276X12 = 27312 rupees per month
increase in annual salary
