- Advertisement -
HomePersonal FinanceDA Hike Update: Government will announce increase in DA by 3% tomorrow?...

DA Hike Update: Government will announce increase in DA by 3% tomorrow? know latest update

- Advertisement -
- Advertisement -

DA Hike Update: Will the central government announce an increase in dearness allowance tomorrow, Wednesday 5 March? If we look at the record of previous years, the government has increased Dearness Allowance (DA) before Holi. If the government follows the trends of previous years, then the government can announce an increase in dearness allowance after the cabinet meeting tomorrow

DA Hike Update: Will the central government announce an increase in dearness allowance tomorrow, Wednesday 5 March? If we look at the record of previous years, the government has increased Dearness Allowance (DA) before Holi. If the government follows the trends of previous years, then the government can announce an increase in dearness allowance after the cabinet meeting tomorrow. Employees and pensioners are waiting for their DA to increase before Holi (Holi 2025). Under the 7th Pay Commission, DA is increased twice a year. The first increase comes into effect from January 1 and the second from July 1.

Will DA increase by 3 percent?

The government can announce an increase in DA by 3 percent. If this happens, the salary of all the top government officials from the entry-level to the central government will increase. Employees whose basic salary is Rs 18,000 per month, their salary will increase by Rs 540 per month.

How is dearness allowance calculated?

If the salary of an employee is Rs 30,000 and his basic salary is Rs 18,000, then he is currently getting 50% i.e. Rs 9,000 as DA. If there is a 3% increase, then the DA will increase to Rs 9,540, which will increase the salary by Rs 540. If there is a 4% increase in salary, then the DA will become Rs 9,720 and the salary will increase by Rs 720.

How much was the DA increased last year?

In March 2024, the government increased the DA by 4% to take it to 50%. After this, there was a 3% increase in October 2024, which made DA 53%. Now from January 2025, DA is expected to increase by 3-4% again. The government can announce the increase in DA anytime, but it is considered to be implemented from January 1, 2025.

More than one crore government employees will benefit

About one crore employees and pensioners of the central government will benefit from this decision. According to government rules, DA and dearness relief (DR) given to pensioners is revised twice a year – in January and July. If this increase is implemented, then the salary of government employees will increase once again.

Most Read Articles:

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