Sunday, April 28, 2024
HomePersonal FinanceDA Hike Calculator: Big News! Central employees will get arrears of Rs...

DA Hike Calculator: Big News! Central employees will get arrears of Rs 22788, see calculation

DA Hike Calculator: Dearness Allowance (DA) of central employees is set to increase by 4 percent. It may be approved in March. It can be paid in April. But, it will be implemented from January 1, 2024. Therefore, dearness allowance from January to March will be paid as arrears.

DA Hike News today: The month of March is going to be tremendous for central employees. In March, the government can approve the Dearness Allowance (DA Hike) to be implemented from January 2024. At the same time, after the announcement in March, it will also be paid in the salary of April. It is expected that before Holi, the government will approve the increase in dearness allowance. If this happens, the employees (central government employees) will also get three months’ money in lump sum. Meaning, they will also get the arrears from January to March 2024. Apart from this, DA of April will also be included in it. But, how much will this arrears be? Let us know the complete calculation…

When will you get the benefit of DA arrears?

Dearness Allowance (DA) of central employees is set to increase by 4 percent. It may be approved in March. It can be paid in April. But, it will be implemented from January 1, 2024. Therefore, dearness allowance from January to March will be paid as arrears. All central employees and pensioners will get the benefit of 3 months arrears. In the new pay scale, dearness allowance will be calculated according to the pay band. The grade pay of employees at Level-1 is Rs 1800. In this the basic pay is Rs 18000. Apart from this, travel allowance (TPTA) is also added to it. Only after this the financial arrears are decided.

Now understand the calculation like this

Calculation on minimum salary of Rs 18,000 in Level-1

The minimum basic salary of central employees at Level-1 Grade Pay-1800 is Rs 18,000. Due to increase in dearness allowance of these employees, there has been a difference of Rs 774 in the total DA. Understand the calculation of arrears like this…

Due & Arrears (DA 50%)

MONTHDATADA ON TATOTAL
Jan-249000135067511025
Feb-249000135067511025
Mar-249000135067511025
Arrears2322
Apr-249000135067511025

 

Calculation on maximum basic salary of Rs 56900 in Level-1

The maximum basic salary of central employees at Level-1 Grade Pay-1800 is Rs 56,900. Due to increase in dearness allowance of these employees, there has been a difference of Rs 2276 in the total DA. Understand the calculation of arrears like this…

Due & Arrears (DA 50%)
MONTHDATADA ON TATOTAL
Jan-24284503600180033850
Feb-24284503600180033850
Mar-24284503600180033850
Arrears7260
Apr-24284503600180033850
Due & Arrears (DA 50%)
MONTHDATADA ON TATOTAL
Jan-24280507200360038850
Feb-24280507200360038850
Mar-24280507200360038850
Arrears7596
Apr-24280507200360038850

 

Salary is decided by pay band

Under the 7th pay commission, the salary of central employees has been divided into different grade pay from level 1 to level 18. In this, dearness allowance is calculated on the basis of grade pay and travel allowance. In Level 1, the minimum salary starts from Rs 18,000 and the maximum salary is Rs 56,900. Similarly, salary varies according to grade pay from level 2 to 14. But, there is no grade pay in level-15, 17, 18. Here the salary is fixed. In Level-15, the minimum basic salary is Rs 182,200, while the maximum salary is Rs 2,24,100. The basic salary in level-17 is fixed at Rs 2,25,000. At the same time, even in Level-18, the basic salary is fixed at Rs 2,50,000. The salary of Cabinet Secretary comes in level 18.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments