- Advertisement -
HomePersonal FinanceDA and HRA Hike: Modi government gave double gift, HRA increased along...

DA and HRA Hike: Modi government gave double gift, HRA increased along with DA, bumper salary will come in March

- Advertisement -
- Advertisement -

7th Pay Commission: Modi government has given 2 big gifts to the central employees. Modi government has announced to increase DA of employees. The government has increased the DA of central employees by 4 percent to 50 percent. Along with increasing DA to 50 percent, the government has also increased the House Rent Allowance (HRA) given to central employees.


7th Pay Commission DA and HRA Hike: Modi government has given 2 big gifts to the central employees. Modi government has announced to increase DA of employees. The government has increased the DA of central employees by 4 percent to 50 percent. Along with increasing DA to 50 percent, the government has also increased the House Rent Allowance (HRA) given to central employees. The government has provided a big benefit to the government employees before the Lok Sabha elections by increasing DA and HRA.

Government increases DA twice a year

DA and DR are increased twice a year, effective from January and July. In the last increase in October 2023, DA was increased by 4 percent to 46 percent. Considering the current inflation rate, the government has increased DA by 4 percent from 46 percent to 50 percent. This decision of the government will benefit 1 crore employees and pensioners of the country.

Now you will get this much HRA

Now it has also been recommended that when DA reaches 50%, the government has revised the HRA rates to 30%, 20% and 10% of basic salary in cities X, Y and Z respectively. House rent allowance given to employees depends on the category of that city. In which they live. HRA for X, Y and Z type cities was 27%, 18% and 9% respectively, which has been increased to 30%, 20% and 10%.

HRA increased due to 50 percent DA

Central government employees get House Rent Allowance (HRA), which depends on where they live. As per the recommendations of the 7th Pay Commission, HRA for Class When DA reached 25%, as per the recommendations of the 7th Pay Commission, the HRA rates in cities X, Y and Z were revised to 27%, 18% and 9% of the basic salary. Now after DA reaching 50 percent, the government has again revised it.

You will get 2 months DA arrears

The DA increase made by the government will be considered effective from January 1, 2024. That is, the DA arrears of two months January and February will also be included in the March salary. The salary coming in March will come with increased DA of three months. Bumper salaries of the employees are going to come on 31st March, the last day of the financial 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
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments