7th Pay Commission latest news today: The decision on DA hike will be taken in the meeting to be held on June 26 regarding the payment of dearness allowance. It will be decided in the meeting how dearness allowance will be paid.
7th Pay Commission: The wait for the central employees is about to end. There is going to be a big increase in his salary in July. The decision on DA hike will be taken in the meeting to be held on June 26 regarding the payment of dearness allowance. It will be decided in the meeting how dearness allowance will be paid. It has been said by the central government that the ban on DA will be removed from July. But, the payment will be done only in July and how it will be has not been disclosed yet. A total of three installments have to come for the central employees. But, there is no clarity on whether the three installments will come together or not.
This is how DA will be paid!
A meeting of officials of the National Council of Joint Consultative Machinery (JCM), the Finance Ministry and the Department of Personnel and Training (DOPT), an organization of central employees, is to be held on June 26. In this, a decision will be taken on the payment of dearness allowance. The ban on DA is being removed in July. It is clear from this that the salary increase is set to increase in July. If sources are to be believed, the payment of DA will be done in three installments only. Meaning one installment can be given in July. The second will be given in August and the third in September. In this way DA for the last 18 months will be paid. At the same time, the DA of June 2021 can be announced between October and December.
How is CTC calculated?
According to the Finance Ministry, the outstanding installments of dearness allowance for employees will be included in the revised rates from July 1, 2021. Dearness allowance is given to the employees to get rid of inflation. Twice a year from January to June and again from July to December. To fix the DA, the government estimates the average inflation in 6 months. Along with the calculation of DA, TA is also reconciled. With the increase in DA, there is also an increase in TA. Similarly, HRA and Medical Compensation are decided. The CTC of the central employee is decided by including all the allowances.
Will there be an increase in salary in July?
The payment of Dearness Allowance of Central Government employees has been stopped since January 2020 last year. That means a total of three installments have to come. The money of these three installments can be given simultaneously. This means that in July, there will be a bumper increase in the salary of central employees and at the same time the DA stopped for the last 18 months will also be paid. After this, the dearness allowance of the employees will increase to 28 percent, which is currently 17 percent.
How much can the salary increase?
Under the 7th Pay Commission (7th Pay Commission), the minimum salary of central employees is Rs 18000. In this, 15 percent dearness allowance is expected to be added. In this sense, Rs 2700 per month will be directly added to the salary. If we look at the annual basis, then the central employees will get a total benefit of Rs 32400 in DA. According to government sources, the dearness allowance for June 2021 will be slightly delayed. But, that too is expected to grow by 4 per cent. Meaning it can also be paid by October. At that time the dearness allowance will increase to a total of 32 percent.
Are arrears also expected?
There is a demand of the employees union that they should also be given DA arrear payment for the last 18 months. According to Shiv Gopal Mishra of the National Council of JCM, the DA arrears of Level-1 employees range from Rs 11,880 to Rs 37,554. Whereas, for Level-13 (7th CPC basic pay scale Rs 1,23,100 to Rs 2,15,900) or Level-14 (pay scale), the DA arrears in the hands of an employee will be Rs 1,44,200. 2,18,200 can come up to Rs.