Seventh pay commission DA 50%: Do you know how much salary boost is coming after the New Year's 50% DA raise?

 Seventh pay commission DA 50%: Do you know how much salary boost is coming after the New Year's 50% DA raise?

Seventh pay commission DA 50%: Do you know how much salary boost is coming after the New Year's 50% DA raise?

seventh payment commission News: In an effort to win over central personnel, the Modi administration may decide to raise dearness relief and allowance at the start of 2024.

Seventh Pay Commission: The Modi administration increases the dearness allowance and dearness relief for the months of January through June as a present to over 48 lakh central workers and 68 lakh pensioners each year in the last week of March. The dearness allowance for the months of January through June 2024 will also need to be increased by the Central Government. On the other hand, the Modi administration may decide to raise the dearness allowance in 2024 only at the start of the new year, not in March. The Lok Sabha elections, which are scheduled for April and May of next year, are the cause.

When will the allowance for dearness grow?

The Modi administration made the decision to raise the dearness allowance on March 30, 2022, and March 24, 2023, 2023. It is anticipated that the first week of March would see the announcement of the 2024 Lok Sabha election dates. As soon as election dates are announced, the nation will be subject to the code of behavior. The central government won't be able to raise the dearness allowance after that. In an attempt to win over central personnel, it is thought that the Modi administration may decide to raise dearness allowance and dearness relief in January and February.

What is the expected rise in dearness allowance?

October saw a 0.9 percent increase in the All India Consumer Price Index for Industrial Workers. The main factor influencing dearness allowance and dearness relief is the All India Consumer Price Index of Industrial Workers. In such a scenario, based on these numbers, it is anticipated that the dearness allowance and dearness relief may be raised by up to 4% for the January through June of 2024, and the dearness allowance may be raised from the present 46% to 50%.

Will basic salary and DA be combined?

Numerous sources have repeatedly said that the dearness allowance would be included into basic pay at 50%, when it will become zero and be subject to another rise of the same amount. However, we can assure you that nothing such to this will occur. Because there is a 50% dearness allowance, the Seventh Pay Commission has not suggested merging it with basic pay. No similar suggestion was made by the Sixth Pay Commission either. Despite the government's denials, the issue of whether it will form the Eighth Pay Commission after a fifty percent dearness allowance emerges.