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HomePersonal FinanceDA Hike Announcement Update: Big news for 1 crore government employees! 56-57%...

DA Hike Announcement Update: Big news for 1 crore government employees! 56-57% DA increase will be announced soon, salary will increase in account by this much

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7th Pay Commission DA Hike: There is great news for central government employees and pensioners. The government may announce an increase in dearness allowance (DA) and dearness relief (DR) for central employees and pensioners next week.

7th Pay Commission DA Hike: There is great news for central government employees and pensioners. The government may announce an increase in dearness allowance (DA) and dearness relief (DR) for central employees and pensioners before Holi. Let us tell you that this year the festival of colors is on March 14 and there is speculation that the government may announce an increase in DA and dearness relief DR for central government employees and pensioners before the festival. There were reports in different media reports that an announcement on DA hike may be made in today’s cabinet meeting. However, no announcement has been made on these today, so a decision on this is possible in the next cabinet meeting.

How much can DA increase

A 3 to 4 percent increase in DA and DR can be announced for central employees and pensioners. Let us tell you that the central government employees and pensioners are paid under the 7th Pay Commission. Till now DA / DR is increased twice a year. The first increase comes into effect from January 1 and the second is effective from July 1. In other words, the first DA hike of 2025 will be effective from January 1, 2025. It is worth noting that in October last year, the government increased DA / DR by 3% to 53%.

What is the calculation

  • Let us tell you that at present, central government employees get Rs 18,000 as minimum basic salary. Meanwhile, central government pensioners get Rs 9,000 as minimum basic pension.
  • If a person’s current minimum basic salary is Rs 18,000 and DA increases by 3% for January 2025, his minimum salary will increase by Rs 540.
  • Under the current 53% DA, he is entitled to a salary (minimum basic salary + DA) of Rs 27,540. However, if the DA is increased to 56% then he will be paid Rs 28,080.
  • If the DA is increased by 4% then it becomes 57%. At this rate, the minimum basic salary will increase by Rs 720 to Rs 28,260 per month.

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Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @deepakmaurya152004@gmail.com
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