The DA hike decision is soon to be made! Government employees' salaries will rise, and a decision can be made in 15 days.

 

The decision regarding the DA raise will be made in the next few days. The increase in DA will increase seniors' dearness relief and central employees' dearness allowance.

According to the 7th Pay Commission, central employees will soon see an increase in pay. The decision regarding the DA raise will be made in the next few days. The increase in DA will increase seniors' dearness relief and central employees' dearness allowance. According to rumour, the government may announce this good news to the central tax collectors on Holi.

The cabinet meeting will take place the following month on March 1 at the same hour. This meeting is anticipated to approve the DA increase. The dearness allowance can be raised by 4% this time due to the industrial employees' inflation.

DA could rise by 4%.

Let us say that the increase in central employees' deferred compensation was made in light of inflation. The rate of DA increases increases with inflation. The retail inflation for industry workers is as follows (CPI-IW). This time, the predicted increase in DA is 4.23 percent, taking into account the retail inflation of industrial workers. Currently, 38% of central staff have DA. It will climb by 4% and reach 42% at that point.


Recognize how much your wage will rise in light of this

A federal government employee's dearness allowance is equal to Rs 6,840 if his basic pay is Rs 18,000 per month (38 percent DA). The DA can rise by 4% this time. It will increase to Rs 720 with a minimum income of Rs 18,00. An employee earning a base pay of Rs. 18,000 will receiving as dearness allowance of Rs. 7,560 as a result of the rise in DA.

Assume that an employee's base pay is Rs. 18,000 per month.

• Monthly Dearness Allowance at the 38% rate in effect today is equal to 18000 x 38/100 = 6,840.

• Annual Dearness Allowance multiplied by 12 at the current 38% rate equals 82,080: 6,840

• Monthly Dearness Allowance (DA): 18000 x 42/100 = 7560 after DA increase

• Yearly DA following DA growth: 7560 x 12 = 90,720