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7th pay commission! Salary will Increase so much due to increase in HRA allowance of employees, know new update

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After which there will be a significant increase in salary. Under this, employees will get a minimum benefit of Rs 5400 and maximum Rs 8100 per month.



 

In the new year, once again the salary of the Central Employees (Employees Salary Hike) is going to increase. After increasing the dearness allowance and relief (DA / DR Hike) by 31 percent under the 7th Pay Commission, the Modi government at the center is going to increase another allowance soon. It is reported that soon the Modi government will give more than 11.56 lakh employees House Rent Allowance (HRA)

In fact, recently, the central government has made dearness allowance and dearness relief 31 percent of 1 crore central employees and pensioners, the benefit of which has started getting from October-November 2021 and there is a significant increase in the salary of the employees. There has also been an increase. Now, according to media reports, the Modi government may soon increase the House Rent Allowance (HRA) of central employees.

According to media reports, the Indian Railway Technical Supervisors Association (IRTSA) and the National Federation of Railwaymen (NFIR) have demanded an increase in HRA from January 1, 2021. The Finance Ministry has also started the exercise of increasing the HRA of central employees and has been sent to the Railway Board for approval. In such a situation, more than 11.56 lakh railway employees are expected to benefit from this proposal of the Ministry of Finance. If this happens, then the salary of the employees will benefit up to 8100 and the benefit of arrears will also be available.

According to media reports, the Modi government can soon take a decision on increasing the HRA of the employees and it can be announced by December. If this proposal is approved, then from January 2021, the employees will get HRA Hike, after which there will be a significant increase in salary. Under this, the employees will get a minimum benefit of Rs 5400 and a maximum of Rs 8100 per month. For example, if someone’s basic salary is Rs 30,000, then he will get the benefit of HRA of about Rs 5400 to Rs 8100 per month.

According to media reports, according to Harishankar Tiwari, former chairman of AG Office Brotherhood and general secretary of All India Accounts and Audit Committee, the increase in dearness allowance will increase his House Rent Allowance (HRA) and Transport Allowance (TA). According to the pay matrix of the 7th Pay Commission, there will be a different increase in the salary of each level employee. When DA exceeds 25 per cent under 7th Pay Commission, HRA will also increase. Its rate will increase from 8, 16, 24 percent to 9, 18 and 27 percent.

Understand this calculation

For example, if you work in a company, then the salary you get includes HRA (House Rent Allowance). HRA is given according to the city in which you live. These are X, It is divided into Y and Z class cities. Under this, the employees who live in X category cities get 24 percent i.e. Rs 5400, then 16 percent i.e. Rs 3600 per month and then 8 percent to the employees of Z class cities. Percent i.e. up to Rs. 1800 per month HRA will be available. (This is shown as an estimate, it is subject to change)

Decision on arrears of 18 months soon

The same is likely to be decided soon on the arrears of 18 months of central employees and pensioners. According to media reports, after increasing the dearness allowance and relief (DA / DR Hike) of central employees by 31 percent under the 7th Pay Commission and giving the benefit of 3 months arrears, now the Modi government can soon decide on the arrears of 18 months. Is. The matter has now reached PM Narendra Modi, in such a situation there is speculation that it can be resolved in December and the employees can get the benefit before the new year. However, no new update has come from the government in this regard yet.

 

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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