7th Pay Commission: The salary of central employees has increased by about 90 thousand rupees. This increase will be in the form of Dearness Allowance. See full calculation here.
7th Pay Commission: This month of February can bring great news for central employees. More than 1 crore employees and pensioners will get their salary due to the increase in Dearness Allowance (DA) for January 2022. Let us tell you that there has been an increase in salary up to 90 thousand rupees. This increase will be in the form of Dearness Allowance. We are going to tell you its complete calculation.
Recently there has been an increase in DA
According to media reports, the announcement of increase in dearness allowance (DA Hike) of employees can be done by the end of March. Let us inform that in January 2022, 3% DA has increased. That is, the DA to the employees will increase from 31 percent to 34 percent. According to AICPI data, the figures till December 2021 have come. Accordingly, Dearness Allowance (DA) has been increased to 34.04 percent. After increasing the dearness allowance by 3%, now the total annual DA on the basic salary of Rs 18,000 will be Rs 73,440.
See full calculation here
1. Calculation on Minimum Basic Salary
1. Basic salary of the employee Rs 18,000
2. New dearness allowance (34%) Rs 6120/month
3. Dearness allowance so far (31%) Rs 5580/month
4. How much dearness allowance increased 6120- 5580 = Rs 540/month
5 Increase in annual salary 540X12 = Rs 6,480
6. Total Dearness Allowance (DA) 6120X12 = Rs 73,440
2. Calculation on maximum basic salary
1. Basic salary of the employee Rs 56900
2. New dearness allowance (34%) Rs 19346 / month
3. Dearness allowance so far (31%) Rs 17639 / month
4. How much dearness allowance increased 19346-17639 = Rs 1,707 / month
5. Increase in annual salary 1,707 X 12 = Rs 20,484
6. Total Dearness Allowance (DA) 19346 X 12 = Rs 232,152
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