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HomePersonal Finance7th Pay Commission: Good news for central employees! Rs 58,038 arrears will...

7th Pay Commission: Good news for central employees! Rs 58,038 arrears will be available with this month’s salary, know new updates

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7th pay commission: There is important news for central employees. With 3% increase in dearness allowance, 3 months arrears will come in the account of employees. Let us tell you that the increased DA will be available from January 2022. Let us know how much will be your arrears.


DA Arrear Latest News: Central employees have once again got good news. There has been an increase in Dearness Allowance and Dearness Relief for Central Government Employees and Pensioners. In the cabinet meeting, the government has announced a 3% DA hike. That is, now the employees will get Dearness Allowance (DA Hike) at the rate of 34%. Along with this, let us tell you that along with this month’s salary, central employees will also get 3 months arrears. Let us know the calculation of arrears on maximum and minimum basic salary.

AICPI-IW declined in December

Significantly, this decision of the government will benefit more than 50 lakh central employees and 65 lakh pensioners. After this, now the next dearness allowance will be calculated in July 2022. The data of AICPI-IW (All India Consumer Price Index for Industrial Workers) for December 2021 has been released. According to this figure, in December this figure fell by 0.3 points to 125.4 points. In November, this figure was at 125.7 points. and decreased by 0.24% in December. But, this has not affected the increase in dearness allowance.

Calculation of DA Marks

Calculation for July- 122.8 X 2.88 = 353.664
Total for August- 123 X 2.88 = 354.24
Calculation for September- 123.3 X 2.88 = 355.104
Calculation for November – 125.7 X 2.88 = 362.016
Calculation for December – 125.4 X 2.88 = 361.152

Calculation on 34% DA

After increasing the dearness allowance by 3%, the total DA has become 34%. Now on the basic salary of Rs 18,000, the total annual dearness allowance will be Rs 73,440. But talking about the difference, the annual increase in salary will be Rs 6,480.

Calculation on minimum basic salary

1. Basic salary of the employee Rs. 18,000
2. New Dearness Allowance (34%) Rs.6120/month
3. Dearness Allowance so far (31%) Rs.5580/month
4. By how much dearness allowance increased 6120- 5580 = Rs 540/month
5. Increase in annual salary 540X12 = Rs 6,480

Calculation on maximum basic salary

1. Basic salary of the employee Rs 56900
2. New Dearness Allowance (34%) Rs 19346/month
3. Dearness Allowance so far (31%) Rs 17639 / month
4. How much dearness allowance increased by 19346-17639= Rs 1,707/month
5. Increase in annual salary 1,707 X12 = Rs 20,484

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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