- Advertisement -
HomePersonal Finance7th Pay Commission: Good News! Ministry of Finance implemented 31% DA for...

7th Pay Commission: Good News! Ministry of Finance implemented 31% DA for government employees from July 1, 2021, salary hike..

- Advertisement -
- Advertisement -

7th Pay Commission: The Department of Expenditure under the Ministry of Finance said on 25 October 2021 that the Dearness Allowance payable to Central Government employees will be increased from the existing 28 per cent to 31 per cent of the basic pay with effect from July 1, 2021. Has been done.



New Delhi. The Prime Minister Narendra Modi Government of the Center has given the gift of Diwali (Diwali 2021) to the central employees. In fact, the Ministry of Finance has said that the Dearness Allowance for central employees has been increased from 28 percent to 31 percent of the basic pay and it has been implemented with effect from July 1, 2021. Is.

The Department of Expenditure, which comes under the Ministry of Finance, said that the basic salary means the salary received according to the 7th Pay Commission. It does not include any other special pay or allowance. The Department of Expenditure said in the office memorandum issued on October 25, 2021 that the dearness allowance payable to central government employees will be increased from the existing 28 per cent of the basic salary to 31 per cent with effect from July 1, 2021.

A separate order will be issued for Armed Forces-Railway personnel,

this increase in DA will also be applicable to civilian employees getting salary from Defense Services. At the same time, in respect of Armed Forces personnel and Railway Employees, the Ministry of Defense and Railways will issue separate orders. The Union Cabinet had last week approved a 3 per cent increase in Dearness Allowance (DR) for government employees and Dearness Relief (DR) for pensioners.


9,488 crore will be imposed on the exchequer due to DA hike

This decision of the central government will directly benefit about 47.14 lakh central employees and 68.62 lakh pensioners. Let us inform that in July this year itself, the rate of dearness allowance was increased from 17 percent to 28 percent. Now it has been increased once again by three percent. With this, the rate of DA for government employees has gone up to 31 percent. Union Minister Anurag Singh Thakur had recently said that due to dearness allowance and dearness relief, there will be a total impact of Rs 9,488.70 crore on the exchequer.

How much will the DA increase?

If your basic salary is Rs 18,000, then you are currently getting Rs 5,030 DA at the rate of 28 per cent. Now it has increased by 3 percent. Now you will get DA of Rs 5,580 at the rate of 31 per cent. In other words, if the basic salary of the employees is Rs 18000, there will be an increase of Rs 540 in DA. The higher your basic salary, the higher will be the DA.


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