7th Pay Commission latest news: There is great news for the Central Government Employees. Employees can get a big gift in the cabinet meeting to be held on March 1.
The increased DA hike for January 2023 can be approved in this meeting. Along with this, the money of 2 months arrears (DA arrears) can also come in the account of the employees. With this, the salary of the employees can be increased by Rs 10,500 per month.
DA will be available at the rate of 42 percent
According to media reports, in January 2023, the government can give DA at the rate of 42 percent to the employees. In the cabinet meeting, the government can announce the increased DA. According to the information received from the AICPI data, this time the dearness allowance may increase by 4 percent.
Lakhs of employees and pensioners will be benefited
Let us tell you that 52 lakh central employees and pensioners will get the benefit of the increased DA. At present, the employees are getting DA at the rate of 38 per cent. This time if the government increases by 4 percent, then the employees will get dearness allowance at the rate of 42 percent.
How will the salary increase to Rs 10,500?
Under the Seventh Pay Commission, DA is calculated on the basic salary of the employees. If the basic salary of any employee is Rs 25,000, then his salary will increase by Rs 10500 per month according to 42% DA. On the other hand, if the basic salary of an employee is Rs 18000, then his salary will increase by Rs 7560 per month.
DA was increased by 4 percent in July also, let us tell you that if the DA of the employees is increased by 4 percent, then the dearness allowance will reach at the rate of 42 percent. In July 2022 also, the government had increased the DA of the employees by 4 percent. Lakhs of central employees and pensioners will benefit from the increase in DA and DR.