Dearness allowance calculation: It has been decided to increase dearness allowance by 3% for central employees. It will be announced in March. How much money will increase in the salary of March can be calculated on the basic salary.
Dearness allowance calculation: The wait for the central employees is finally over. The Modi government at the Center will announce dearness allowance for January 2022 just before Holi. Now the dearness allowance of the employees (Central government DA News) will increase by 3 percent. Under the 7th Pay Commission, now all central government employees and pensioners are being paid DA and DR at the rate of 31 percent. But, in March it will increase to 34%. In March salary (How much salary will increase) DA will be paid at the rate of 34 per cent and 2 months arrears (January, February) will also be given. Now central employees can get an idea of the salary increase according to their basic pay and grade.
How is Dearness Allowance calculated?
The DA installment will be paid along with the salary of March after Holi. But, before that we can guess how it will be calculated and how it will be decided. Dearness Allowance (DA Hike) has increased by 3 percent. It is calculated only on the basic salary. If someone’s salary is Rs 20000, then at the rate of 3 percent, his salary will increase by Rs 600 in a month.
This formula works
There is a formula for dearness allowance calculation. The formula for central employees is [(Average of All India Consumer Price Index (AICPI) for the last 12 months – 115.76/115.76]×100. Now if we talk about Dearness Allowance of people working in PSU (Public Sector Units), then the method of its calculation is- Dearness Allowance Percentage = (Average of Consumer Price Index of last 3 months (Base Year 2001=100)- 126.33))x100
How much salary will increase, understand DA Calculation
According to the 7th pay matrix, there will be a bumper increase in the salary of officer grade. If someone’s basic salary is Rs 31,550. If you calculate on this then…
Basic Pay – Rs 31550
Total Dearness Allowance (DA) – 34% – Rs 10,727 Every month
Dearness Allowance so far paid (DA) – 31% – Rs 9781
On increase of 3% Dearness Allowance (DA) – Rs 946 (every month) more will come.
Annual dearness allowance payment – Rs 11, 352 (total 34 per cent) after 3 per cent hike
Will also get arrears
With the announcement of new dearness allowance in March, (DA Hike) two months arrears will also be paid. This includes payment of increased DA for January 2022 and February 2022. Meaning the additional payment of Rs 946-946 will be with the salary of March.
Calculation on 34% DA
After increasing the dearness allowance by 3%, the total DA will become 34%. Calculating in the maximum salary range, then on the basic salary of Rs 56,900, the total annual dearness allowance will be Rs 2,32,152. He will get Rs 1707 more than the current DA. At the same time, DA of Rs 19346 will be available every month.
AICPI-IW declined in December
The data of AICPI-IW (All India Consumer Price Index for Industrial Workers) for December 2021 has been released. In December, it fell 0.3 points to 125.4 points. In November, this figure was at 125.7 points. It has decreased by 0.24%. But, this has not affected the increase in dearness allowance. After the figures of AICPI IW of the Labor Ministry, it is clear that this time the dearness allowance will increase by 3 percent.
