As you all know that the Central Government has increased the dearness allowance by 4%.
The dearness allowance of the employees is increased twice a year by the central government. The first comes into effect from January and July on an annual basis. It is announced only at the end of March and September.
But in the midst of all this, if you are not able to calculate that how much extra rupees will come in the account of employees as September salary, then let us tell you that with 4 percent DA, the minimum and maximum basic salary of employees will increase by how much?
Calculation on maximum basic salary
Basic salary of the employee Rs 56,900
New Dearness Allowance (38%) Rs 21,622/month
Dearness Allowance so far (34%) Rs 19,346/month
By how much dearness allowance increased 21,622-19,346 = Rs 2260/month
Increase in annual salary 2260 X12 = Rs 27,120
Calculation on minimum basic salary
Basic salary of employee Rs 18,000
New Dearness Allowance (38%) Rs.6840/month
Dearness Allowance so far (34%) Rs.6120/month
By how much dearness allowance increased 6840-6120 = Rs 720/month
Increase in annual salary 720X12 = Rs 8640
According to this, the salary of those with a maximum basic salary of Rs 56,900 will increase by Rs 2260 every month. Similarly, there will be a difference of Rs 720 on monthly basis in the salary of those with minimum basic salary of Rs 18,000.
