According to sources, this increase can be announced in September. It will be implemented from July 1.

When can the announcement be made?

An increase in dearness allowance for central employees may be announced in September. It will be approved by the cabinet. Only after this will pensioners and employees get the benefit. If sources are to be believed, it may be announced in the second half of September. If sources are to be believed, the cabinet may approve a 3% increase in dearness allowance on 18 or 25 September. However, no agenda has been given by the government yet.

Also Read: FD Rate Increased: Bank has Increased the Interest rate on 444 days FD to 7.85 Percent

How much will dearness allowance increase?

According to the information, dearness allowance will be increased by 3%, which will increase the current rate from 50% to 53%. This increase will be effective from July 1, 2024. The numbers of the AICPI-IW index between January and June 2024 have made it clear that the dearness allowance of employees will increase by 3% from July 2024. The June AICPI index has seen a jump of 1.5 points. In May it was at 139.9 points, which has now increased to 141.4. This has increased the score of dearness allowance to 53.36. This means that this time the dearness allowance will increase by 3 percent.

How much will the increase be in a month?

This increase in dearness allowance will lead to a significant increase in the salary of central government employees. For example, those whose basic salary is ₹18,000 will get an increase of ₹540 in their dearness allowance. Whereas, those whose basic salary is ₹56,900 will get an additional dearness allowance of about ₹1,707.

How much did dearness allowance increase in which month?

On what basis is DA increased?

The rates of dearness allowance are based on the Consumer Price Index (CPI-IW). With the increase in inflation, the allowance of the employees also increases, its payment is necessary to maintain their spending capacity. The announcement of dearness allowance for central employees is to be made in September. But, it will be implemented only from July 1, 2024. The months of July and August will be paid as arrears.

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The post DA Hike Latest Update: DA of central employees will be announced in September, Know how much the month will increase first appeared on Rightsofemployees.com.

DA Hike Latest Update: Central government may soon give good news to government employees. Actually, the government can increase the DA and DR of central employees. According to many reports, the government can increase DM by up to 4 percent.

DA means dearness allowance which the government gives to the employee. Whereas DR (Dearness Relief) is given to pensioners. There are 48.67 lakh central employees and 67.95 lakh pensioners in India. The government increases DA twice in a year.

In October 2023, the government had decided to increase the DA of central employees by 4 percent. Let us tell you that the government takes the decision to increase DA on the basis of Consumer Price Index for Industrial Workers (CPI-IW).

If this time also there is an increase of 4 percent in the DA of the employee, then the basic salary of the employee will reach 50 percent.

Government made amendment regarding DA

Government employees get dearness allowance and pensioners get dearness relief i.e. DR. The dearness allowance received by the central employee is revised twice in a year. The change in DA is made for the first time in the month of January and second in July. DA changes for the first half are made public in March.

In such a situation, it is expected that the government can give gifts to the central employees on Holi (Holi 2024). This time, along with the central employees, pensioners will also get the benefit. Actually, the government may soon announce increase in DA and DR.

Employees’ salaries will increase

After the increase in dearness allowance, there may also be an increase in the salary of the employees. If the basic salary of the employee is Rs 18,000 then dearness allowance at the rate of 46 percent will be Rs 8,280. If it increases by 4 percent then it will become Rs 9,000. This is half of the employee’s basic salary.

The post DA Hike : Government employees may get good news in March, there will be an increase in DA, salary of employees will increase. first appeared on Rightsofemployees.com.

Employees and officers of Himachal Pradesh State Tourism Development Corporation will soon get three percent dearness allowance. The state government had announced to give dearness allowance to the employees on Himachal Day, but the workers of Tourism Corporation were not getting it.

A meeting of the Tourism Corporation was organized at the Holiday Home on Saturday, in which Vice President of the Tourism Corporation Raghuveer Singh Bali presided over the meeting and announced dearness allowance.

The director of the corporation along with other officers and office bearers of the employees union were present in the meeting. In the meeting, discussions were held to increase the revenue of the tourism corporation and the employees of the corporation also put forth their demands. All employees will get dearness allowance from April 1.

Vice President of Tourism Corporation Raghubir Singh Bali said that the tourism corporation has to be taken to a higher level and work has been started on it. Dearness allowance for three months will be released to the employees.

India’s biggest fountain will be installed in Nagrota Bagwan –

International Fountain is in Nagpur, on the same lines fountains will be made in Himachal and India’s biggest fountain will be made in Nagrota Bagwan. This information was given by RS Bali. He said that Kangra has been declared as tourist capital and work has been started on how to implement it.

ADB has a 2.5 crore project. Includes Golf Course, Wellness Center, International Fountain, Ice Skating Rink. A plan is being prepared for that. In this regard, a consultant will be appointed in a week. DPR will be made soon and after that all the projects will be launched at the ground level. Mall roads will be built in other cities including Palampur, Nagrota on the lines of Shimla Kullu Mall Road.

The post DA Hike latest update: Announcement to increase 3 percent dearness allowance of employees first appeared on Rightsofemployees.com.

Now government employees will get more salary. There has been an increase of 4 percent in DA from the Central and State Government, which means that now you will get more money from this month. Explain that the increased salary will be applicable from January 1, 2023.

Dearness allowance increased by 4 percent

Let us tell you that the Karnataka government has increased the salary. The state government has increased the dearness allowance by 4 percent. Now the employees will get dearness allowance at the rate of 35 per cent instead of 31 per cent.

Many other states have also increased DA.

Let us tell you that before this, many other states have also increased the dearness allowance, after which the salary of employees and pensioners has increased. The Bihar government has also increased the pension. There the employees are getting DA at the rate of 42 per cent.

Many promises made in its manifesto, within a week after the formation of the Congress government in Karnataka, the employees have got the gift of increased dearness allowance. Apart from this, the Congress had made many promises, including giving monthly assistance of Rs 2000 under the free electricity and Mri Laxmi Yojana, which will be implemented soon.

Uttarakhand government also increased DA

Apart from this, Uttarakhand government has also increased DA by 4 percent. The employees of Uttarakhand government are getting 38 percent dearness allowance. But after the 4 per cent increase, now his DA has increased to 42 per cent. In the statement given by Chief Minister Pushkar Singh Dhami for the DA hike, it was said that the DA hike has been approved for the state employees and pensioners.

DA increases twice a year

Let us tell you that on the basis of the recommendation of the Seventh Pay Commission, the dearness allowance of government employees is increased twice a year. On the basis of this, due DA of central employees from January was announced in March. The next dearness allowance of central employees is to be implemented from July 1. An announcement about this can be made by the government in September. This time also there is a possibility of 4 percent increase in dearness allowance. If this happens then DA will increase from 42 percent to 46 percent.

The post 7th Pay Commission: Good news for employees and pensioners! DA increased by 4 percent, now they will get more salary first appeared on Rightsofemployees.com.

However, it is expected to be announced by September. The dearness allowance of government employees is increased every six months. Due to increase in DA in proportion to inflation, there is a good increase in salary. The salary of the employees increases on the basis of fitment factor, appraisal. Salary will automatically increase as the fitment factor increases. The news is that there is going to be a tremendous increase in the basic salary of the employees without fitment factor and appraisal.

Salary will increase due to merger in DA Basic

The 7th Pay Commission was implemented by the government in 2016. At that time dearness allowance was made zero. Due to zero DA, the previous dearness allowance of the employees was added to the basic salary. Now this situation is going to happen once again. With this, the minimum basic salary of the employees will increase from Rs 18000 to Rs 27000. The basic will increase due to the merger of the dearness allowance with the basic salary.

Long wait for salary revision

It is written in the memorandum of the year 2016 that it will be reduced to zero when the dearness allowance (DA) is 50 percent. That is, the dearness allowance that is being received now is 42 percent. After zero it will start from 1 percent, 2 percent. Actually, as soon as there is 50 percent dearness allowance (DA Hike), it will be added to the basic salary. Due to this, the employees do not have to wait long for salary revision.

By how much will the salary of the employees increase?

Presently, there is a basic salary of Rs.18000 in Pay Band Level-1. At present, dearness allowance of Rs 7560 is available on this. But, on 50 percent dearness allowance, this amount will increase to Rs.9000. The rule is that when there is 50 percent DA, it will be reduced to zero by mixing it with the basic salary. That is, the current basic salary of Rs 18000 will increase to Rs 27000. After this, the dearness allowance will be calculated on the basic salary of Rs.27000.

When will the basic salary increase?

At present, central employees are getting salary according to 42 percent dearness allowance. Based on the revision of July 2023, it will increase by 4 percent to 46 percent. After this, if dearness allowance increases by 4 percent even in January 2024, then it will become 50 percent. If it is 50%, the dearness allowance will become zero from January 2024 itself. That is, from July 2024, the employees will get the benefit of increased basic salary and on the basis of this they will also get DA.

The post 7th Pay Commission: Basic salary of central employees will increase to 27000, rule will be applicable from this date first appeared on Rightsofemployees.com.