- Advertisement -
Home Personal Finance 7th Pay Commission: Government will give special allowance to these employees, know...

7th Pay Commission: Government will give special allowance to these employees, know who will benefit

0
DA Hike : Big gift to government employees! 3 percent increase in DA, arrears will be paid, up to Rs 55000 will come to the account

7th Pay Commission: The government has given a big gift to All India Service officers posted in the Union Territory of Ladakh. To provide financial relief, the Center has announced a special allowance under additional monetary incentives.




New Delhi. The government has given a big gift to All India Service officers posted in the Union Territory of Ladakh. To provide financial relief, the Center has announced a special allowance under additional monetary incentives. According to the news published in Mint, this special allowance will be given to the officers posted in Ladakh (cadre of North East AIS).

The 7th pay commission matrix will change

After this move of the Center, AIS officers posted in Ladakh will get additional due special allowance and special duty allowance of 20 percent and 10 percent of their basic salary. After this announcement of the Central Government, the matrix of 7th Pay Commission (7th Pay Commission) of AIS officers posted in Ladakh is going to change. Department of Personnel and Training (DoPT) has already issued Office Memorandum (OM) in this regard.

DA benefits to be restored from July 1

Significantly, the central government had also announced DA reinstatement for 52 lakh employees. According to the government’s announcement, from 1 July 2021, DA benefit of Central Government employees is going to be restored. Finance Ministry Anurag Thakur had given information in this regard in the Rajya Sabha last month. According to the All India Consumer Price Index (AICPI) data release, between January and June 2021, at least DA can be increased by 4 per cent.

Know how will salaries

be DA 17 per cent to 28 per cent of central government employees after the resumption of DA. This includes a 3 percent increase in DA from January to June 2020, a 4 percent increase from July to December 2020, and a 4 percent increase from January to June 2021.

How is salary calculated?




According to the rules of the Seventh Pay Commission, the salary of a central government employee is divided into three parts – basic salary, allowances and deductions. Net CTC is a central government employee who is the 7th CPC fitment factor and the sum of basic pay multiplied by all allowances. However, net salary is the difference between net CTC and deductibles like PF contribution, gratuity, etc.

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version