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Home Personal Finance DA Hike: Great news! Dearness allowance of employees will be 46%, Now...

DA Hike: Great news! Dearness allowance of employees will be 46%, Now only money will rain

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7th Pay Commission: Will the fitment factor of central employees increase? know latest update

7th Pay Commission: There is great news for central employees. Money is going to shower on them. That means there is going to be a bumper increase in his salary.



According to media reports, an increase of 4 percent in his dearness allowance has been fixed, that is, his dearness allowance will increase to 42 percent. At the same time, there are indications of an increase in his DA in July as well. Inflation figures are supporting this.

New Delhi: 7th Pay Commission: There is great news for central employees. Money is going to shower on them. That means there is going to be a bumper increase in his salary. According to media reports, an increase of 4 percent in his dearness allowance has been fixed, that is, his dearness allowance will increase to 42 percent. At the same time, there are indications of an increase in his DA in July as well. Inflation figures are supporting this.

Increase in AICPI’s January figures

According to media reports, the January figures of AICPI released by the Ministry of Labor have arrived. This indicates that in July 2023 also there may be an increase of 4 percent in DA. That is, in this situation the DA of central employees will increase to 46 percent. However, only the figures for January have come, only after the figures for the rest of the months come, it will be decided that how much will be the increase in DA in July.

So there can be an increase of 4 percent

According to media reports, the AICPI figure in December 2022 was 132.3. At the same time, in January 2023, the figures of AICPI have increased to 132.8 points. If this continues to increase, then the DA of the employees may increase by up to 4 percent.

Currently getting DA at the rate of 38 percent

At present, central employees are getting dearness allowance at the rate of 38 per cent. At the same time, pensioners are also being given the benefit of dearness relief at the same rate. According to media reports, a 4 percent increase in the DA of central employees is fixed. This DA hike will be applicable from January 2023. That is, his DA will increase to 42 percent. On the other hand, if the figures of AICPI continue to increase in this way, DA will increase in July as well.

Dearness Allowance is reviewed twice a year.

Remember that the dearness allowance of central employees is reviewed twice a year in January and July. However, now it has started getting delayed by a few months, but it is implemented only from January or July. Also, the arrears of the previous months are given to the employees.

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