7th Pay Commission: Central government called Cabinet meeting on Dearness allowance increase on Friday at 6:30 pm. Today is very important day for more than 1 crore central government employees that their salary will be hiked.
According to the placed sources, the government will discuss the pros and cons of DA hike in the meet and later the government will announce the most awaited news of DA hike in salary around 8 pm on Friday.
However, the announcement is delayed for the last few days but today it is expected that the way is cleared for the increase in DA and DR and it will be declared after just a few hours.
It is believed that the central government will approve the increase in dearness allowance.
According to the information, this time the dearness allowance of central employees may increase by 4 percent. If this happens, then the current dearness allowance will increase from 38 to 42 percent. Employees and pensioners are going to get a bumper benefit from this increase. Means Goddess Lakshmi’s blessings are going to shower on the employees during Navratri.
DA revision
Actually there are two revisions in the dearness allowance in a year. Looking at the records of the last few years, the government always announces the DA hike in the month of March. In the years 2019, 2021 and 2022, the DA hike has been approved in the last week of March, so it is believed that this time also the government may increase the DA at the end of March. According to the information, the last cabinet meeting of the month of March is also to be held on the 29th, but by announcing the DA hike in the previous meeting, the government will transfer more salary to the accounts of the employees in the month of March.
There is a possibility of a 4 percent increase in the dearness allowance of central employees. At present, the employees are getting dearness allowance at the rate of 38 per cent. After the hike, they will start getting DA at the rate of 42 per cent. The salary of the employees in the minimum range (18,000) will get an annual increase of Rs 8,640. At the same time, the salary of the employees with the maximum range of salary (56900) will get an annual benefit of Rs 27312.
Lakhs of employees and pensioners will be benefited
It is noted that lakhs of employees of the country are eagerly waiting for this. This will benefit 65 lakh central employees and 48 lakh pensioners. After this, on July 1, 2023, there will be an increase in the DA of central employees once again.
According to the information, this time the dearness allowance of central employees may increase by 4 percent. If this happens, then the current dearness allowance will increase from 38 to 42 percent. Employees and pensioners are going to get a bumper benefit from this increase. That is, on the third day of Navratri, today the blessings of Goddess Lakshmi are going to shower on the employees.
Actually there are two revisions in the dearness allowance in a year. Looking at the records of the last few years, the government always announces the DA hike in the month of March. In the years 2019, 2021 and 2022, the DA hike has been approved in the last week of March, so it is believed that this time also the government may increase the DA at the end of March. According to the information, the last cabinet meeting of the month of March is also to be held on the 29th, but by announcing the DA hike in the previous meeting, the government will transfer more salary to the accounts of the employees in the month of March.
Read More :-TAX-SAVING FDS: LAST MINUTE FOOLPROOF TAX SAVING IDEAS; KNOW DETAILS
There is a possibility of a 4 per cent increase in the dearness allowance of central employees. At present, the employees are getting dearness allowance at the rate of 38 per cent. After the hike, they will start getting DA at the rate of 42 per cent. The salary of the employees in the minimum range (18,000) will get an annual increase of Rs 8,640. At the same time, the salary of the employees with the maximum range of salary (56900) will get an annual benefit of Rs 27312.
Read More :- Latest Business News
