Know how much money will increase in your account after 4% increase:

News India Live, Digital Desk: Complete Calculation of Da Hike: The festive season is about to begin and just before this festive season, there has been a great news for millions of government employees and pensioners of the country. If you are also a central employee or dependent on pension, then this news will bring a smile on your face. The government has made such an announcement that was being waited for a long time. Even before Navratri starts, more money is going to come in your pocket than before. Let us explain to you in simple language what this whole news is and how much you are going to benefit from it.

Government opened a box of happiness, increase in dearness allowance

For a long time, the central employees were waiting for their dearness allowance, ie DA (Dearness Allowance) to grow. Now this wait is over. The government has decided to increase the DA of employees by 4%. After this increase, the total dearness allowance of employees has increased from 42% to 46%.

What is dearness allowance (DA)?

DA is a part of the salary of government employees. Its purpose is to reduce the impact of increasing inflation so that the level of living of employees remains. As inflation increases, the government also increases DA from time to time.

Pensioners also got a big gift

This good news is not only for the employees doing jobs. The government has also increased the inflation relief to pensioners by 4% in DR (DR). This means that now pensioners will also get inflation relief at the rate of 46% on their pension, which will increase their monthly pension significantly.

How much money will come in your pocket?

This decision will directly affect your salary and pension. Let’s understand with an easy example:

If the basic salary of an employee is Rs 25,000 per month, then he used to get Rs 10,500 according to 42% DA. Now after having 46% DA, he will get Rs 11,500. That is, the benefit of Rs 1,000 directly every month. The higher the basic salary, the greater the increase in its salary. The same account will also be applicable to pensioners.

This decision of the government has come just before big festivals like Navratri and Diwali. Certainly, increased salary and pension will double the festive enthusiasm of employees and pensioners. This decision will directly benefit about 47 lakh employees and 68 lakh pensioners of the country.