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HomePersonal Finance7th Pay Commission: Good news! Rs 38692 will be credited in the...

7th Pay Commission: Good news! Rs 38692 will be credited in the employees account on March 16, know latest update from center

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7th Pay Commission Latest News: Dearness allowance (DA) of government employees is going to increase by 3 percent, after which there will be a bumper increase in the salary of central employees.


7th Pay Commission: Lakhs of central government employees of the country can get great news on March 16. The dearness allowance (DA) of government employees is going to increase by 3 percent. First employees get DA at the rate of 31 per cent, but it will be increased to 34 per cent i.e. there is going to be a bumper increase in the salary of central employees.

To be announced in January
Let us tell you that this time the government can announce to increase dearness allowance even before Holi. The DA of employees was to be increased from January 2022, but it is believed that the government can announce the increase in DA on March 16.

meeting may be held on March 16
According to the recommendations of the 7th Pay Commission, dearness allowance is announced on the basic salary of the employees. This time it is believed that in the cabinet meeting to be held on March 16, the government can announce to increase the dearness allowance. At present, it was not announced due to the code of conduct imposed due to the elections.

Calculation will be done again in July
Let us tell you that more than 50 lakh central employees and 65 lakh pensioners will get the benefit of this decision of the government. Apart from this, the calculation of dearness allowance will be done again in July 2022.

Full money will be available after Holi
Central employees will be paid full payment of new dearness allowance along with the salary of March. After Holi, the employees will get all their money for the last two months. If your basic salary is between Rs 18000 to Rs 56900 and you calculate DA at the rate of 34 per cent, then your dearness allowance will be Rs 19,346 per month. At the same time, employees are getting Rs 17,639 as arrears.

Rs 38692 extra will come in the account
A total of Rs 1707 will increase in the DA of the employees. If it is calculated on an annual basis, then it will be around Rs 20484. Let us tell you that employees are to be given arrears of 2 months in March, so accordingly Rs 38692 will come in their account as arrears.

DA of these employees also increased
Let us tell you that recently the salary of employees of Central Public Enterprises Sector was revised. Earlier, employees were getting DA at the rate of about 170 percent, which has been increased by 14 percent. From now on employees will get DA at the rate of 184 per cent. The government has increased the DA of these employees by 14 percent.

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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