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7th Pay commission: Good news for employees, dearness allowance will increase in January, know details

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ELSS Fund: You can start investing even with Rs 500, get high returns, also save tax
ELSS Fund: You can start investing even with Rs 500, get high returns, also save tax

So this news is going to make you happy. Once again good news has come for the central employees. The AICPI Index data for the month of July has been released by the Labor Ministry. It has increased by 0.7 points as compared to June.

This figure was 129.2 in June, which has increased to 129.9 in July. Due to this increase, the way has been cleared for the increase in Dearness Allowance to the employees in January next year. Announcement will be made on 28th September.

Based on the data of the AICPI index from July to December, the dearness allowance will increase in January next year. Based on the data from January to June, the Dearness Allowance for July is going to be announced soon. Sources claim that the Dearness Allowance for July will be announced by the government on the third Navratri i.e. on September 28.

This time the dearness allowance is expected to increase by 4 percent.
You will get two months arrears. Its basis is the six-month AICPI index. This time after increasing dearness allowance in July, the employees will get salary for the month of September along with two months arrears.

Know how much DA will increase

This time dearness allowance is expected to increase by 4 percent. After this it will increase from 34 to 38 percent. At present, 34 percent dearness allowance is being given to the central employees by the government. With 38 percent of DA, there will be a good jump in salary. Figures are released by the Labor Ministry

Dearness allowance for central employees is estimated on the basis of AICPI index only. The figures of All India Consumer Price Index (AICPI) are released by the Labor Ministry. The index has been prepared for 88 centers and for the entire country. AICPI is released on the last working day of every month

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