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Home Personal Finance 7th Pay Commission: Minimum increase of Rs 8,640 in the salary of...

7th Pay Commission: Minimum increase of Rs 8,640 in the salary of government employees on July 1, Government will announce

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4% DA Hike: Gift to employees and pensioners, DA increased by 4%, arrears of revised pay scale will be received, notification issued

7th Pay Commission: Central Government employees can get big news in the month of July. The government may once again increase Dearness Allowance (DA) by 4 percent in July. If media reports are to be believed, the government may increase the dearness allowance for the second time this year in July.

7th Pay Commission: Central Government employees can get big news in the month of July. The government may once again increase Dearness Allowance (DA) by 4 percent in July. If media reports are to be believed, the government may increase the dearness allowance for the second time this year in July. At present, the dearness allowance of government employees is 42 per cent. If the central government increases it by 4 percent, then it will increase to 46 percent. Due to the increase in dearness allowance, there will be a minimum annual increase of Rs 8,640 in the salary of government employees.

Salary will increase for the second time in a year in July

It is expected that the central government may once again increase the dearness allowance of 4 per cent from July 1. If this happens, the DA of central employees will increase from 42 per cent to 46 per cent. The same results are coming out from the report released by All India Consumer Price Index (AICPI) that the Modi government may once again increase the dearness allowance by 4 percent in the month of July. The dearness allowance of the employees is calculated on the basis of AICPI index.

Minimum salary will increase by Rs 8,640

Let us tell you that if the basic salary of an employee is Rs 18,000, then his salary will increase by Rs 720 every month. That is, the salary of the employees will get increased by Rs 8640 annually. On the other hand, if the basic of the employees is Rs 56,900 per month, then the salary will increase by Rs 2,276 per month if the DA is increased by 4 per cent in July. That means, on an annual basis, Rs 27,312 will increase.

The government increases DA twice a year.

Last year, the dearness allowance received by the employees was 34 percent, then the government had increased the DA by 4 percent for the first time. After that the DA received by the employees was increased to 38 per cent. In March this year, the dearness allowance of the employees was increased by 4 per cent, which increased to 42 per cent. This increase was considered applicable from January 1. Now once again DA is expected to be increased to 46 per cent in July. The central government increases the salary of government employees twice a year in January and July.

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