- Advertisement -
HomePersonal Finance7th Pay Commission: Big update on 3% DA of central employees, salary...

7th Pay Commission: Big update on 3% DA of central employees, salary will increase by Rs 66,960, know calculation

- Advertisement -
- Advertisement -

7th Pay Commission DA Latest News: A big update has come on 3 percent DA of central employees. The salary of central employees will increase by Rs 66,960..



7th Pay Commission DA Latest News: Central employees are once again waiting for the increase in Dearness Allowance (DA Hike). The first was done at 28 per cent. Now the dearness allowance is to be increased by 3 percent in the coming days. Till now it was being said that the increased dearness allowance may come in the festive season. Actually, after the increase in Dearness Allowance (DA), there will be a big jump in the salary of central government employees.

After increasing the dearness allowance (DA) again, the dearness allowance will increase by 3 percent. That is, it will be 31 percent instead of 28 percent. But, when will it be announced? The picture is not clear on this yet. But, there is a demand from the employees union that the government should soon announce to increase the dearness allowance by 3 percent. So that the employees can get some relief from inflation. The data of AICPI index is out. The index has reached 121.7. In such a situation, the dearness allowance for June 2021 is set to increase by 3%. The index for June 2021 has increased by 1.1 points, taking it to 121.7.

It is being estimated that the Dearness Allowance (DA) for June 2021 may be announced by mid-September. At the same time, its payment can also be done with the salary of September. The employees union says that they do not have arrears for one and a half years, but if the dearness allowance for June is announced and paid in September, then the government should also give arrears for two months July and August. The government has refused to give arrears of one and a half years. In such a situation, if June 2021 is announced, then it will be a big relief for the employees.



It is clear from the data that dearness allowance will become 31.18 percent, but, the calculation of DA is done in round figure. In such a situation, the Dearness Allowance (DA) will become 31 percent. So far, dearness allowance has been 28 percent. Including the increase in dearness allowance (DA) due in June 2021, it will now be 31 percent. However, it is not clear when it will be announced and when the payment will be made.

How will the 31% DA be calculated?

Now if the dearness allowance increases by 3 percent in June, then the total DA will become 31 percent. According to the 7th Pay Commission Matrix, the salary range of Level-1 of central employees ranges from Rs 18,000 to Rs 56,900. Now on the basic salary of Rs 18,000, the total annual dearness allowance will be Rs 66,960. But talking about the difference, the annual increase in salary will be Rs 30,240.

Learn- How will the calculation be done?

1. Basic salary of the employee Rs 18,000

2. New dearness allowance (31%) Rs 5580/month

3. Dearness allowance so far (17%) Rs 3060/month

4. How much dearness allowance increased by 5580-3060 = Rs 2520/month

5. Annual salary increase 2520X12 = Rs 30,240


Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments