Sunday, May 12, 2024
HomePersonal FinanceGood news for central employees - DA will increase by 4 percent,...

Good news for central employees – DA will increase by 4 percent, there will be a bumper increase in salary

7th Pay Commission latest news today DA Hike: Increase in dearness allowance will directly increase the salary. Employees are going to get the benefit of two years DA directly together.


7th Pay Commission latest news today: There is good news for central employees. Soon the last three installments will be paid. From July 1, the stalled dearness allowance will start getting. But, now there is another great news for the employees. If sources are to be believed, the government may soon announce to increase DA by 4 percent. This will be for June 2021. At present, 17 DA is being paid. But, after the release of three installments, its payment will be 28 percent from July. At the same time, after July, once again 4 percent DA can be announced. With this, the DA of central employees will reach 32 percent.

How dearness allowance increased in the last two years?

The increase in dearness allowance will directly increase the salary. Employees are going to get the benefit of two years DA directly together. The DA of central employees was increased by 4% in January 2020. After this, there was an increase of 3% in the second half i.e. June 2020. Now it has increased by 4% in January 2021. With this it has increased to 28%. All three installments are yet to be paid. After this, DA is expected to increase by 4 percent in June 2021 as well. However, it will be paid later.

How is it decided how much salary will increase?

7th Pay Commission latest news today: There is good news for central employees. Soon the last three installments will be paid. From July 1, the stalled dearness allowance will start getting. But, now there is another great news for the employees. If sources are to be believed, the government may soon announce to increase DA by 4 percent. This will be for June 2021. At present, 17 DA is being paid. But, after the release of three installments, its payment will be 28 percent from July. At the same time, after July, once again 4 percent DA can be announced. With this, the DA of central employees will reach 32 percent.

How dearness allowance increased in the last two years?

The increase in dearness allowance will directly increase the salary. Employees are going to get the benefit of two years DA directly together. The DA of central employees was increased by 4% in January 2020. After this, there was an increase of 3% in the second half i.e. June 2020. Now it has increased by 4% in January 2021. With this it has increased to 28%. All three installments are yet to be paid. After this, DA is expected to increase by 4 percent in June 2021 as well. However, it will be paid later.

How is it decided how much salary will increase?


Last year, due to Kovid-19, the government had frozen dearness allowance from January 1, 2020 to July 1, 2021. The dearness relief (DR) amount of pensioners will also not increase till July 1, 2021. Due to this decision, the government has saved a total of Rs 37000 crore in FY 2021-2022. However, there is a demand of central employees that they should also be paid arrears from January 1. But, the central government has made it clear that arrears will not be paid. The decision regarding DA and DR in July 2021 will be implemented one by one.

Parvesh Maurya
Parvesh Maurya
Parvesh 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 @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments