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HomePersonal Finance7th pay commission DA hike update: Salary of central employees will increase...

7th pay commission DA hike update: Salary of central employees will increase by 27,000 in September, AICPI index data released.

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7th pay commission chart: The data of AICPI index for July 2023 has been released, after which it has become clear that this time also the government is going to increase the salary of the employees by 4 percent.


7th pay commission update: Central government employees are going to get great news soon. The government is going to increase the salary of the employees soon. According to media reports, the government may announce increase in dearness allowance (DA Hike) in the month of September. New figures have come in the beginning of this month, after which news is coming that the government can increase dearness allowance by 4 percent. The data of AICPI index for July 2023 has been released.

There is to be an increase of 4 percent

According to our partner website Zee Business, the dearness allowance of central employees is to increase by 4 percent. From January 2023, employees are getting DA at the rate of 42 percent. At the same time, after an increase of 4 percent in this, the DA received by the employees will be 46 percent.

Information from AICPI index

According to information received from media reports, its decision can be taken in the cabinet meeting to be held in September. According to the AICPI index, by June 2023 the total dearness allowance has reached 46.24 percent. But, the government does not count the decimals. That’s why only 46 percent will be fixed.

No official announcement has been made

According to the information received on the basis of AICPI index from January 2023 to June 2023, this time also the DA of the employees is to be increased by 4 percent. However, till now its official announcement has not been made by the government. The Central Government may soon get approval to increase the dearness allowance.

According to the 7th Pay Commission, if your basic salary is Rs 18,000, then how much will be the increase in your monthly and annual salary-

>> Basic salary – Rs 18,000 per month
>> New dearness allowance – Rs 8280 per month (46 percent)
>>Current DA – Rs 7560 per month (42 percent)
>>How much increased – 8280-7560 – Rs 720 per month
>> Annual salary increase – 720X12 – Rs 8640

According to the 7th Pay Commission, if your basic salary is Rs 56,900, then how much will be the increase in your monthly and annual salary-

>> Basic salary – Rs 56,900 per month
>> New dearness allowance – Rs 26,174 per month (46 percent)
>>Current DA – Rs 23,898 per month (42 percent)
>> How much increased – Rs 26,174-23,898 – Rs 2276 per month
>> Annual salary increase – 2276X12 – Rs 27312

(Disclaimer – Let us tell you that this calculation has been done only on the basis of estimation. The final salary of the employees is made only after many other allowances are added to it.)

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
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