According to the announcement of the Central Government, from 1 July 2021, DA benefit of Central Government employees is going to be restored. 52 lakh employees of the country will get increased DA.
New Delhi: The central government has announced DA reinstatement for the country’s 52 lakh employees. After this step of the government, there will be a big increase in the salary of the central employees of the country. According to the announcement of the Central Government, from 1 July 2021, DA benefit of Central Government employees is going to be restored. According to the All India Consumer Price Index (AICPI) data release, at least 4 percent DA may be increased between January and June 2021. DA of
central employees after DA is reinstated . It can increase from 17 per cent to 28 per cent. This includes a 3 per cent increase in DA from January to June 2020, a 4 per cent increase from July to December 2020, and a 4 per cent increase from January to June 2021.
How much will your salary increase?
As the Center has announced to give all the three pending DA installments from 1 July 2021. Explain that due to Corona virus epidemic, the government had banned the DA. Increasing DA will also increase DR in the same proportion. Dearness Relief (DR) of retired central government employees will also be restored due to increase in dearness allowance.
changes in PF and gratuity
The potential DA hike will also affect the central government employee’s monthly PF, gratuity contribution. Explain that the contribution of CGF’s PF and gratuity is calculated on the basis of basic salary plus DA. DA is going to increase from 1 July 2021, the contribution of an employee’s monthly PF and gratuity will also be affected. This means that more money will accumulate in retirement-oriented funds like PF and gratuity.
