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Home Personal Finance Salary increase new formula: Big news! Government has a new formula for...

Salary increase new formula: Big news! Government has a new formula for salary increase, know about it

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DA Hike Update : Employees of 5th pay scale will get DA at the rate of 427%, 6th pay scale employees will get 230%, State Finance Department issued orders.

New Delhi: Central government employees are getting tremendous benefits from the 7th Pay Commission at this time.


Apart from the increase in dearness allowance, they are also getting many benefits. Three months arrears and salary will come in the salary of April. But in the meantime news is coming that new pay commission will not come after the seventh pay commission.

Arun Jaitley had indicated

This was indicated by the former Finance Minister of India, Arun Jaitley in 2016 itself. He had said that performance should be the yardstick for salary hike in India.

Salary will be increased on this basis

Former Finance Minister Arun Jaitley had said in Parliament that employees should think beyond the Pay Commission. Sources in the Finance Ministry say that there will be no new pay commission for central employees. Let us tell you that Arun Jaitley had said at that time that employees should get increase in salary according to their work and not according to pay commission.

No official statement from government

However, no official statement has been given by the Central Government regarding this. The government is trying to make such a system for 68 lakh central employees and 52 lakh pensioners that if there is more than 50 percent DA, the salary will automatically increase. Let it increase Government can bring auto pay revision system. In which the salary of the employees increased according to his work.

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