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7th Pay Commission: Big update in Dearness Allowance! Central employees will get a big gift tomorrow

7th Pay Commission: This wait of central employees and pensioners waiting for the increase in dearness allowance may end on Wednesday i.e. tomorrow.

7th Pay Commission: Tomorrow is March 15 and the day is Wednesday. Tomorrow is a very important day for more than one crore central employees and pensioners of the country. The long wait for a hike in Dearness Allowance and Dearness Relief may be over.

In fact, tomorrow i.e. on March 15, a cabinet meeting is proposed under the leadership of Prime Minister Narendra Modi. After this meeting, the central government can give great news to its employees and pensioners. Inflation hike can be announced on this day. Earlier, it was agreed upon in the cabinet meeting held on March 1, but it was not officially announced.

According to the information received from the sources (7th Pay Commission), the government has decided to increase their dearness allowance and dearness relief by 4 percent. After this, the DA of central employees will increase from 38 to 42 percent. However, it has not been announced by the government yet.

According to media reports, a final decision on the increase in dearness allowance may be taken in the cabinet meeting to be held on March 15, 2023. If this happens, from March 31, employees can get increased salary and pensioners can get increased pension. Not only this, the arrears of the month of January and February will also come into the account with them.

Dearness Allowance will be 38 to 42 percent 

It is worth noting that the central employees (7th Pay Commission) are currently being paid DA at the rate of 38 per cent. If it increases by 4 percent, it will increase to 42 percent. After this, the annual dearness allowance will increase to Rs 90,720 for those with a basic salary of Rs 18,000. Talking about the difference from the existing dearness allowance, the salary will increase by Rs 720 per month and Rs 8640 annually. At the same time, there will be an increase of Rs 2276 per month in the salary of employees with a basic salary of Rs 56900 per month. Means the salary will increase by Rs 27312 on annual basis.

Lakhs of employees and pensioners will be benefited

Let us tell you that lakhs of employees of the country are eagerly waiting for this. This will benefit 65 lakh central employees and 48 lakh pensioners. After this, on July 1, 2023, there will be an increase in the DA of central employees once again.

 

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 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 @insuranceindiaain@gmail.com
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