look news india
DA Hike Date Check: Another good news is coming for central employees in September 2024. Central government employees are going to get the benefit of increase in dearness allowance this month after UPS. It is expected that the government may announce a 3-4 percent increase in DA in the third week of September.
The government will increase dearness allowance by 3-4 percent in the third week of September. According to sources, an increase of 3 percent has been confirmed, but it can be 4 percent. According to sources, earlier in March 2024, the government had increased the DA by 4 percent to 50 percent of the basic salary.
Along with this, Dearness Relief (DR) for pensioners was also increased by 4 percent. Central employees are given Dearness Allowance (DA), while pensioners are given Dearness Relief (DR). DA and DR are increased twice a year in January and July.
Recently in the Monsoon Session of Parliament, Minister of State for Finance Pankaj Chaudhary had said that the government is unlikely to release 18 months of dearness allowance and DR arrears which were withheld during the COVID-19 pandemic. He was asked whether the government is considering releasing 18 months of dearness allowance or DR for central employees and pensioners.
In fact, the decision to freeze three installments of DA/DR from January 2020, July 2020 and January 2021 for central employees and pensioners covid It was taken to ease the pressure on government finances due to economic hardship during the COVID-19 pandemic.
7th pay
According to the commission, the basic salary of central employees at level-1 starts from Rs 18000 and goes up to a maximum of Rs 56900. See the calculation based on this below…
1. Basic salary of the employee is Rs 18,000
2. New dearness allowance (53%) Rs 9540 per month
3. As of now Dearness Allowance (50%) is Rs 9000 per month.
4. How much dearness allowance increased 9540-9000=540 rupees/month
How much benefit
1. Basic salary of the employee is Rs 56,900
2. New dearness allowance (53%) Rs 30,157 per month
3. Till now Dearness Allowance (50%) is Rs 28,450 per month.
4. How much dearness allowance 30,157-28,450 = Rs 1707/month