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HomePersonal Finance7th Pay Commission: Good News! Increase in DA and pension before Diwali,...

7th Pay Commission: Good News! Increase in DA and pension before Diwali, salary will increase, know details

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According to the information, the state government can give the payment of Diwali bonus and dearness allowance to the employees and pensioners simultaneously.



Under the 7th Pay Commission, the Karnataka government has given Diwali gifts to the state employees by increasing the dearness allowance. Let us inform that the state government has announced to increase the dearness allowance of its employees and pensioners from the existing 21.5% to 24.5% from July 1 this year. Amidst rising inflation, the increase in salary before Diwali is being considered as good news for the employees.

On whom it will be applicable: This order of the state government will be applicable to full-time government employees, aided educational institutions, employees of district panchayats, employees working on regular time-scales of pay and full-time employees of universities who are on regular pay scales.

Earlier in July, the Karnataka government had ordered the release of additional installments of dearness allowance. Significantly, the dearness allowance was revised to 21.5 percent from the existing 11.25 percent for the period January 2020 to June 2021. Let us tell you that under the 7th Pay Commission, dearness allowance is increased on the basis of basic salary.

Diwali Bonus in UP too: The Yogi government of Uttar Pradesh is also preparing to give a double gift to 28 lakh employees and pensioners of the state before Diwali. According to the proposal sent by the Finance Department, the government can increase the dearness allowance by 3 percent. Which can be announced soon. This will take the current rate to 31 per cent. According to the information, the state government can give the payment of Diwali bonus and dearness allowance to the employees and pensioners simultaneously.



Apart from the state employees, this Diwali has also brought good news for the central employees. Let us inform that the Union Cabinet has given Diwali gift to the employees by increasing the dearness allowance by three percent. This dearness allowance has been implemented from July 1. With this, along with the increase in dearness allowance for July 2021, arrears will also be available. Along with 31 per cent DA, the government will also pay arrears to central employees.

At the same time, more than 47 lakh central government employees and 68.62 lakh pensioners will directly benefit from the increase in DA. The government said that due to dearness allowance and dearness relief, the expenditure on the exchequer will increase by Rs 9,488.70 crore every year.


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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