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HomePersonal FinanceGreat news for employees! Dearness allowance will increase again! there will be...

Great news for employees! Dearness allowance will increase again! there will be a jump in salary till 90000, know the latest updates

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The total increase in annual dearness allowance will be Rs 27312. That means Rs 2276 will increase every month against the existing DA. His total annual DA will reach Rs 2 lakh 59 thousand 464.


The wait for DA of central employees and pensioners (Central employees DA Hike) is about to end. Soon the Modi government can increase dearness allowance and dearness relief for the second half of this year. After the release of the AICPI index data, it is expected that the DA of the employees can be increased by 4 to 5%. There will be a big jump.

Actually, the dearness allowance of central employees is increased by the central government twice a year in January and July. After the first hike, the DA is yet to be increased for the second half of this year. Since dearness allowance depends on the AICPI-IW Index, the Ministry of Labor and Employment has released the figures from January to June 2022, in which the figures have seen an increase after March till June. Talking about the data for June, the All India Consumer Price Index was compiled at a level of 129.2 points, increasing by 0.2 points, in such a situation, an increase of 4 to 5% DA is believed to be fixed.

Earlier there was news that it would be announced in the cabinet meeting to be chaired by PM Narendra Modi on August 3, but it did not happen. But now it is expected that after reviewing the data till June, the Modi government can give new DA to the central employees before Raksha Bandhan in August. According to the data of All-India Consumer Price Index for Industrial Workers, dearness allowance can be increased by 5 percent, that is, dearness allowance of central employees can be increased from 34% to 39%.

At present central employees are getting the benefit of 34% DA. If there is an increase of 4% it will reach 38%. This can be implemented from July 1, 2022, in which case arrears of 2 months will also be available. This will benefit more than 47.68 lakh central employees and more than 68.52 lakh pensioners. According to media reports, if the central government increases DA by 4%. If so, the employee getting the basic of Rs 30,000 will get the total dearness allowance of Rs 11,400 if the DA is 38 percent. That is, the salary of the employee will directly increase by Rs 1,200 every month and a total of Rs 14,400 more salary will be received in a year.

According to media reports, if the basic salary of a central employee is Rs 20,000 per month, then at the current rate of 34 per cent, he is getting DA of Rs 6,800 per month, then at 38 per cent, the amount will increase by Rs 800 per month to 7,600. That is, you will get a benefit of Rs 9,600 annually, according to this, the annual DA of an employee with basic salary of Rs 20,000 will be Rs 91,200. If the maximum basic salary is Rs 56,900, then the total increase in annual dearness allowance will be Rs 27312. That means Rs 2276 will increase every month against the existing DA. His total annual DA will reach Rs 2 lakh 59 thousand 464.

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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