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HomePersonal Finance7th pay Commission: Employees will get a big gift before Rakshabandhan! Salary...

7th pay Commission: Employees will get a big gift before Rakshabandhan! Salary will increase from 12000 to 41000, know how?

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Before Rakshabandhan, the dearness allowance of employees may increase by 5 to 6 percent. This will increase the salary from Rs 12,960 to Rs 40,968.



1 crore central employees-pensioners (7th Pay Commission Central Government employees) are going to get big gifts soon. According to the latest media reports, the dearness allowance of employees may increase by 5 to 6 percent before Raksha Bandhan. This will increase the salary from Rs 12,960 to Rs 40,968. So far, the Central Government has not made any confirmation in this regard, it has been estimated by looking at the data of AICPI Index 2022.

Actually, at present central employees are getting the benefit of 34% DA. Since the DA of central employees increases twice a year. The first increase has been done and now it is believed to be possible in the second July and August. How much dearness allowance is to be increased depends on the AICPI Index. The figures till May have been released by the AICPI Index. It has seen a one digit increase again, due to which DA is likely to increase by 6%. 47 lakh employees and 68 lakh pensioners will get its benefit.


According to the May data of the AICPI Index, the all-India CPI-IW stood at 129.0 with an increase of 1.3 points, so the dearness allowance in July is expected to increase by about 5-6%. had also increased. Although the figures for June are yet to come, after this the picture will be clear that how much DA will increase in July-August. If this figure increases in June, then there can be a big increase in DA and if it does not increase then DA can increase by 6 percent. The dearness allowance figure for June 30 will come on July 31.

If media reports are to be believed, there may be a 6 percent increase in dearness allowance (DR) of central employees and dearness relief (DR) of pensioners in July. If the DA is increased by 6 percent, then the DA will increase to 40% and the salary of the employees will increase by up to Rs 41000. If the minimum basic pay is Rs 18,000 then the total increase in annual dearness allowance at the rate of 40% will be Rs 12960 i.e. Rs 1080 every month. If the same maximum basic pay is seen at Rs 56900, then the total increase in annual DA will be Rs 40968.

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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