AICPI index released - Rightsofemployees.com https://www.rightsofemployees.com Know Your Rights Tue, 25 Jul 2023 08:01:57 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://www.rightsofemployees.com/wp-content/uploads/2018/01/cropped-emp1-32x32.png AICPI index released - Rightsofemployees.com https://www.rightsofemployees.com 32 32 7th Pay Commission: Central employees can get double good news, there will be so much increase in salary https://www.rightsofemployees.com/7th-pay-commission-central-employees-can-get-double-good-news-there-will-be-so-much-increase-in-salary/ Tue, 25 Jul 2023 08:01:57 +0000 https://www.rightsofemployees.com/?p=20015 7th Pay Commission Update: Central employees can get two big good news soon. According to some reports, according to the AICPI index released so far, the Modi government may increase the dearness allowance and dearness relief of employees and pensioners by up to 4 percent before the upcoming elections. If this is done, the dearness […]

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]]> 7th Pay Commission Update: Central employees can get two big good news soon. According to some reports, according to the AICPI index released so far, the Modi government may increase the dearness allowance and dearness relief of employees and pensioners by up to 4 percent before the upcoming elections. If this is done, the dearness allowance given by the government to the employees will increase from 42 per cent to 46 per cent.

Bank Special FD Rate

If the dearness allowance of the employees increases, then a good increase can be seen in their salary. Apart from this, pensioners will also get increased pension. At the same time, there is news that along with the DA increase, the government can also increase the HRA. Please tell that HRA is given according to the cities. It is divided into three categories.

AICPI figures will be released on July 31

DA is increased twice a year by the Central Government. It has been increased in January and now it is going to increase in July. This increase depends on the data released by the Labor Department. AICPI index figures for May 2023 have been released. According to this, the rate of dearness allowance has reached 45.57 points. Now the June figures will be released on July 31. There is a possibility that there will be a 4 percent increase in DA in July.

How much will the salary increase

If there is a 4 percent increase in DA, then the annual increase on the minimum salary of Rs 18,000 will be Rs 8,640. At the same time, dearness allowance will increase by Rs 27,312 on the basic salary of 56 thousand. Apart from this, the pension of pensioners will also increase. About 1 crore pensioners and employees will get benefit from this.

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