weather_iconAshburn | 9.3 °C | AQI 20
Wednesday, 9 October, 2024

---Advertisement---

Business

7th Pay Commission Latest Update: 12% DA hike announced in THIS State, 2 lakh Govt employees to get new year gift!

7th Pay Commission Latest Update: The Tripura government has promised a significant increase in DA (Dearness Allowance) and DR (Dearness Relief) for its employees and pensioners before the start of the new year in 2023. More than 1 lakh regular employees and 80,800 pensioners in the state will gain from this decision. Tripura CM Manik […]

7th Pay Commission

7th Pay Commission Latest Update: The Tripura government has promised a significant increase in DA (Dearness Allowance) and DR (Dearness Relief) for its employees and pensioners before the start of the new year in 2023. More than 1 lakh regular employees and 80,800 pensioners in the state will gain from this decision.

Tripura CM Manik Saha announced, “Today we have increased DA/DR by 12% for state government employees and pensioners. Now the total DA is 20%, it will be effective from December 2022. More than 1 lakh regular employees and 80,800 pensioners will be benefitted.”

---Advertisement---

Read More :-SHARE MARKET UPDATE: SENSEX, NIFTY TRADING ON GREEN MARK; TATA MOTORS, HINDALCO, ONGC SEEING BOOM; KNOW MORE

The Tripura Cabinet approved a proposal for a 5% increase in dearness allowance for state government employees and retirees with effect from 1 July earlier in August, ahead of the northeastern state’s assembly election. (7th Pay Commission Latest Update)

---Advertisement---

Centre mulls to bring cheer among employees

Centre is also considering to make happy their central employees. In the coming year 2023, central employees are going to get many gifts at once. In this, the first is the increase in Dearness Allowance again, the second is the revision of the Fitment Factor, the outstanding DA arrears of 18 months are also included. If all these expectations of central employees are fulfilled in the year 2023, then there will be a bumper increase in their salary. According to an estimate, the salary of central employees will increase up to double.

7th Pay Commission Latest Update

Actually, the dearness allowance of central employees is reviewed every 6 months. Dearness allowance is hiked twice a year on the basis of AICPI figures. One hike takes place in January and the other in July. Like every year, in the year 2023 also there will be an increase in the dearness allowance of central employees. Dearness Allowance (DA) for January 2023 is usually announced before Holi. Looking at the inflation figures so far, it seems that there may be an increase of 4 percent in the DA of central employees next year as well. If this happens, the cost of central employees will increase from the current 38 percent to 42 percent.

Read More :-GOLD PRICE TODAY, 27 DECEMBER 2022: GOLD RATE SOARS; KNOW LATEST GOLD RATE IN YOUR CITY HERE

Read More :- Latest Business News

 

HISTORY

Written By

Divya Richa

Updated By

Manish Shukla

Related Story

Live News

---Advertisement---


live

Latest LIVE News Trending Today, Real Time Updates: ‘AAP Fully Capable Of Defeating BJP In Delhi’, Says Raghav Chadha

Oct 09, 2024
Latest LIVE News Trending Today, Real Time Updates
  • 17:15 (IST) 9 Oct 2024

    AAP Claims It Has the Strength to Take Down BJP Alone in Delhi

  • 16:10 (IST) 9 Oct 2024

    Election Commission Writes to Congress President Mallikarjun Kharge

  • 12:05 (IST) 9 Oct 2024

    Sanjay Raut Highlights Importance Of J&K Loss For BJP

N24 Shorts Logo

SHORTS

Star Candidates in the assembly election results 2024
India

LIVE Haryana, J&K Election Results 2024: Will Star Candidates Bloom Or Gloom? Ravinder Raina Lost Nowshera, Anil Vij Wins Ambala Cantt

Star candidates who otherwise kept grabbing eyeballs have put their fate to the test in the democratic dangal and the decision is to be declared soon in the assembly election results.

View All Shorts

---Advertisement---

Trending