- Advertisement -
HomePersonal FinanceDA Hike: Good news for central employees! Government may increase DA by...

DA Hike: Good news for central employees! Government may increase DA by 4% tomorrow

- Advertisement -
- Advertisement -

7th Pay Commission DA Hike Update: There is good news for 1 crore central employees and pensioners. Tomorrow, Wednesday, October 9, a cabinet meeting is to be held. After the cabinet meeting, the government can announce dearness allowance. Tomorrow morning at 10:30, the cabinet meeting is. After that, the government can announce the increase in DA

7th Pay Commission DA Hike Update: There is good news for 1 crore central employees and pensioners. Tomorrow, Wednesday, October 9, a cabinet meeting is to be held. After the cabinet meeting, the government can announce the dearness allowance. Tomorrow morning at 10:30, the cabinet meeting is. After that, the government can announce the increase in DA. The government can give the gift of dearness allowance to central employees before Diwali. Modi government can increase dearness allowance (DA) by 3 to 4 percent. Currently, government employees get 50 percent dearness allowance. With the increase in DA, dearness allowance can be 53 or 54 percent. However, the government will announce the increase in DA in October, but it will be considered applicable only from July 1. DA arrears of 3 months will come in the salary of October. Along with this, Diwali bonus will also come.

DA of central employees will increase to 54%

The government can increase DA from 50% to 54%. This year in March 2024 also, the government had increased it by 4%, after which DA became 50%. DA is reviewed every six months. Whenever the announcement is made, it is considered applicable from 1 January and 1 October.

Salary of central employees will increase by this much

Dearness allowance is an essential part for employees and pensioners, which is based on the average of All India Consumer Price Index (AICPI). If there is an increase of 3% this time, then those whose basic salary is ₹ 18,000. They will get monthly DA increased from ₹ 9,000 to ₹ 9,540. If there is a 4% increase, it can reach ₹ 9,720.

Also Read- TOP 5 Small Cap Mutual Funds Schemes gave up to 70% return in 1 year, see list

Expect relief in festive season

The announcement of DA hike in October is expected to provide financial relief to employees and pensioners during the festive season. This increase will be helpful in dealing with inflation and 1 crore government employees and pensioners will get direct benefit from it. The government’s focus is currently on increasing DA and controlling inflation, but at the same time discussions are also going on regarding the Eighth Pay Commission. At present, employees are waiting for the gift of DA hike on the occasion of Navratri.

Related Articles:-

PM Internship Scheme: You will get Rs 66,000 in a year; Apply like this

Bank Holiday: Banks will remain closed for 5 days this week, check dates here

TOP 5 Small Cap Mutual Funds Schemes gave up to 70% return in 1 year, see list

 

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
RELATED ARTICLES

Most Popular

Recent Comments