This time the Dearness Allowance (DA) may increase by 4 percent. At present, central employees are getting 38 percent dearness allowance, which is expected to increase to 42 percent. But the employees will get this in the salary for the month of March only.

Dearness allowance will be applicable from January 2023.

The increased DA will be paid to central employees from January 2023. That is, the arrears of January and February will be given. Dearness allowance of government employees and pensioners is increased twice a year. This necklace is applicable from January and July of the year. The AICPI index has come down to 132.3 points in December. On increasing the dearness allowance by 4 percent from the government, dearness allowance of Rs 7560 will be available on the basic salary of Rs 18000.

It will increase annually by 9 thousand rupees, till now according to 38 percent, this dearness allowance becomes 6840 rupees. Talking annually, this increase works out to about Rs 9,000. Similarly, if we look at the figure of DA hike on the maximum basic salary of Rs 56,900, then it is Rs 2276 a month (Rs 27,312 a year). At present, the employees get dearness allowance of Rs 21622 per month, which will increase to Rs 23898 per month.

Will also get arrears of two months

Along with getting the money for DA hike in March salary, arrears of two months will also be available. Accordingly, good money will increase in the account. Apart from this, it is also being claimed in the media reports that the government can also fulfill the old demand of increasing the fitment factor of central employees after Holi. If a decision is taken on the fitment factor, there will be a significant increase in the salary of the employees.

At present, the basic salary of the employees is Rs 18,000. After the change in the fitment factor, it will increase to Rs 26,000. At present, on the basis of fitment factor 2.57 times and basic salary of Rs 18000, excluding other allowances, Rs 18,000 X 2.57 = Rs 46260. But if it is increased to 3.68, then excluding other allowances, the salary of the employees will be 26000 X 3.68 = Rs 95680.

The post Fitment Factor Update: Central employees will get double good news after Holi, big money will come in their account first appeared on Rightsofemployees.com.

Actually, dearness allowance is announced twice a year by the government in January and July. This time there is a preparation to increase Dearness Allowance by 4 percent in January. At present, 38 percent dearness allowance is available, now the dearness allowance of central employees and pensioners is 38 percent. Which will increase to 42 percent with an increase of 4 percent in the coming days.

However, the DA hike for January will be announced in March. It is expected that a consensus will be reached on this in the cabinet meeting to be held in the first week of March. Apart from this, there is a possibility of discussion on the fitment factor of the employees in the new year. Demand to revise the fitment factor The demand for revising the fitment factor has been going on for a long time from the central employees.

It is expected that the government is preparing to make a separate program on the salary hike of the employees. Sources say that the government is preparing to prepare the draft before the 2024 Lok Sabha elections. In this draft, there can be talk on the revision of the fitment factor. Revision of fitment factor is done on formation of pay commission.

But, this time instead of the Pay Commission, the government is preparing to increase the money of the employees in some other way. Maybe the government should make a formula for automatic pay revision for this. The government also believes that salary increment should be given only on the DA formula for salary revision. That is, along with DA Hike, his salary kept on increasing. Sources claim that the employees will get the dearness allowance for January just before Holi.

An announcement on this is possible at the cabinet meeting to be held on March 1, 2023. Actually 1st March is Wednesday and the next Wednesday is 8th March. But due to Holi on this day, the government will already give the gift of DA hike to the employees. An increase of 4 percent in DA hike is possible.

The post Fitment Factor Update: Good news for central employees, big update on fitment factor; DA hike will happen on this day first appeared on Rightsofemployees.com.

It is being claimed in the media reports that the government is preparing to take a big decision regarding the fitment factor of the employees. At the same time, it is expected in the reports that the arrears of Dearness Allowance (DA) may also be paid to the employees.

There may be an increase in the fitment factor, the government may increase the fitment factor in 2023. If media reports are to be believed, several rounds of talks have taken place between the government and the concerned departments. An announcement is expected to be made on this soon. However, keep in mind that no official announcement has been made by the government in this regard yet.

The fitment factor plays an important role in deciding the salary of the employees. The fitment factor of the employees is 2.57, but the employees are demanding to increase it to 3.68. If the central government increases the fitment factor, then there will be a tremendous increase in the minimum salary of the employees.

In fact, earlier in 2016 , when the fitment factor was increased, the minimum salary of the employees had increased from Rs 6 thousand to Rs 18 thousand. Now if the government increases the fitment factor again, then their minimum salary will increase from Rs 18,000 to Rs 26,000.  

Dearness allowance for 18 months is stuck , while the dearness allowance of central employees for 18 months was stopped during the Corona epidemic. Dearness allowance is due from January 2020 to June 2021. The employees are constantly demanding its release. According to media reports, the employees may get it.

Earlier in September 2022, 4 percent DA of the employees was increased. At present, dearness allowance is being given to central employees at the rate of 38 per cent.

The post DA and Fitment Factor Update: Good news regarding the outstanding DA and fitment factor of the employees! Know what is the update first appeared on Rightsofemployees.com.

Central employees are going to get many good news in the new year. In the beginning of the year 2023 itself, the government can give its consent on many big decisions. Employees will get the benefit of increased DA at the beginning of the new year itself. Apart from this, the government can give verdict on 3 big issues related to the employees.

The connection of all these decisions is with Salieri. The government can take a decision on the long-running fitment factor in the year 2023. Experts say that before the 2024 Lok Sabha elections, the government can give the gift of fitment factor to the central government employees. Apart from this, a decision can also be taken on dearness allowance and old pension scheme.

The decision will be taken on the fitment factor.

The government can give the biggest gift ever to the Central Government Employees in the new year. First dearness allowance, HRA, TA, after promotion, fitment factor can also be discussed next year. If sources are to be believed, the government can directly consider increasing the salary of the employees by Rs 8000. Actually, increasing the fitment factor will strengthen the base of government employees. At present, the employees get Rs 18000 as minimum wage under the 7th pay commission. The government can take a decision on this demand of central employees after the budget to be presented on February 1, 2023 next year.

dearness allowance will increase again

The dearness allowance of central employees is reviewed every 6 months. On the basis of AICPI data, dearness allowance is increased twice a year. This growth happens in January and July. Like every year, in the year 2023 also there will be an increase in the dearness allowance of central employees. Dearness allowance for January 2023 will be announced before March. Looking at the inflation figures so far, it seems that next year also 4 percent DA Hike can happen. However, the AICPI index numbers for October, November and December are yet to come.

Will get the benefit of the old pension scheme!

Next year, the government can give a big gift of old pension to the central employees. In the year 2023, the Old Pension Scheme can be implemented. In fact, there has been a demand from the employees for a long time that the old pension should be implemented.

Let us tell you that some states have also implemented the old pension keeping the election promises. The Punjab cabinet has also approved it. Actually, for this, the Central Government had sought opinion from the Ministry of Law regarding the old pension scheme. If sources are to be believed, under the 7th Pay Commission, the Modi government can implement it for central employees before the year 2024.

The post Fitment factor Update: Lottery of central employees in the year 2023, salary will double! Government gave information first appeared on Rightsofemployees.com.

Fitment Factor Update: About a month is left for the new year to begin. With the beginning of the year 2023, the central employees are getting great news. The year-old wishes of lakhs of workers are likely to be fulfilled. Sources claim that work is going on on the file of fitment factor. But the decision on this is expected by the end of 2023. The increase in salary will be at the basic level.

How much is the fitment factor expected to increase?

With the increase of 4 percent in September, the dearness allowance of central employees has increased to 38 percent. It will be further increased in January and July. But the central employees have been demanding for a long time to increase the fitment factor under the Seventh Pay Commission.

Sources claim that the government is considering finalizing this issue in 2023 before the Lok Sabha elections. At present, the minimum salary of central employees is Rs 18,000 with a fitment factor of 2.57 times. There has been a demand for increasing it to 3.68 times for a long time. There is news that the government can triple the fitment factor by finding a middle ground.

How much will the salary increase?

Even if the fitment factor is 3 times, there will be a significant increase in the salary. For example, the employee whose basic salary is Rs 18,000, at present his salary is 18,000 X 2.57 = Rs 46,260. But when the fitment factor is tripled, the basic salary will be Rs 21,000. At the same time, the total salary apart from allowances will be 21000X3 i.e. Rs 63,000.

In addition to the allowances in the salary of central employees, there are other allowances. Salary also includes Provident Fund and Gratuity. EPF and gratuity of central employees are linked to basic salary and DA. This is the reason that a different formula is applied to calculate their EPF and Gratuity. Allowances and other deductions are done from CTC.

The post Fitment Factor Update: Good News for central employees, there will be a direct increase of Rs 49420 in salary! first appeared on Rightsofemployees.com.

A draft will be prepared for this, which will be shared with the government. Union has given a big update. If this is agreed with the government, then the basic salary of more than 52 lakh central employees can be increased under the fitment factor.

Union is demanding change

It is worth noting that the government has recently increased the dearness allowance and dearness relief to the employees. After this, the employees will get the benefit of increased dearness allowance and dearness relief from July. Now if there is a change in this, the minimum basic salary of the employees will increase.

As soon as there is a change in the fitment factor, its effect will be visible on the entire salary of the employees. It is expected that a meeting can be held by next month regarding the fitment factor. Government employees have been demanding for a long time to increase the fitment factor.

Important role in salary

At present, the fitment factor is being given to the central employees at the rate of 2.57 percent, which can be increased to 3.68 times. Let us tell you that the fitment factor plays an important role in deciding the salary of central employees. Change in fitment factor means it will affect your salary as well. Actually, on the basis of this, the basic salary of the employees is increased.

Basic salary was increased in 2017

It is worth noting that on increasing the fitment factor from 2.57 to 3.68, the minimum basic salary will increase from 18 thousand to 26 thousand rupees. Earlier in 2017, the basic salary of entry level employees was increased by the government. But after that no change was made in it. At present, central employees get Rs 18 thousand as minimum salary, while maximum salary is Rs 56,900.

View Calculations

If the government makes the fitment factor 3 times, then the salary of the employees excluding allowances will be 18,000 X 2.57 = Rs 46,260. At the same time, if the demand of the employees is accepted, then the salary will be 26000X3.68 = Rs 95,680. Salary will be 21000X3 = Rs 63,000 on 3 times fitment factor.

The post 7th Pay Commission: Big update on fitment factor of employees, there will be a big increase in salary first appeared on Rightsofemployees.com.

This will increase the minimum basic salary of the employees. A draft will be prepared for this, which will be shared with the government. Union has given a big update. If this is agreed with the government, then the basic salary of more than 52 lakh central employees can be increased under the fitment factor.

union is demanding change

It is worth noting that the government has recently increased the dearness allowance and dearness relief to the employees. After this, the employees will get the benefit of increased dearness allowance and dearness relief from July. Now if there is a change in this, the minimum basic salary of the employees will increase. As soon as there is a change in the fitment factor, its effect will be visible on the entire salary of the employees. It is expected that a meeting can be held by next month regarding the fitment factor. Government employees have been demanding for a long time to increase the fitment factor.

important role in salary

At present, the fitment factor is being given to the central employees at the rate of 2.57 percent, which can be increased to 3.68 times. Let us tell you that the fitment factor plays an important role in deciding the salary of central employees. Change in fitment factor means it will affect your salary as well. Actually, on the basis of this, the basic salary of the employees is increased.

Basic salary was increased in 2017

Significantly, on increasing the fitment factor from 2.57 to 3.68, the minimum basic salary will increase from Rs 18 thousand to Rs 26 thousand. Earlier, in 2017 the basic salary of entry level employees was increased by the government. But after that no change was made in it. At present, central employees get Rs 18 thousand as minimum salary, while maximum salary is Rs 56,900.

View Calculations

If the government makes the fitment factor 3 times, then the salary of the employees excluding allowances will be 18,000 X 2.57 = Rs 46,260. At the same time, if the demand of the employees is accepted, then the salary will be 26000X3.68 = Rs 95,680. Salary will be 21000X3 = Rs 63,000 on 3 times fitment factor.

The post 7th Pay Commission: Big update for central employees, fitment factor also confirmed after 18 months of DA arrears! first appeared on Rightsofemployees.com.

According to media report, that there may be a big change in the salary of central employees under the Seventh Pay Commission next year.

Fitment Factor Update: There has been a demand from the central employees to increase the fitment factor (Basic Salary) for a long time. Now great news is coming for such employees. If you or any of your family are central employees, then this news is going to bring great news for them.

There will be a big change in the salary structure as soon as there is a change in the fitment factor. Zee Media has received news quoting sources that there may be a big change in the salary of central employees under the 7th Pay Commission next year.

Minimum salary will be Rs 26000, Central government employees currently get 38 percent dearness allowance. The government is considering changing the fitment factor. On the basis of this, the minimum salary of the employees is decided. At present, the minimum salary of the employees is 18 thousand rupees. If a decision is taken on this, then it will increase to Rs 26000. It is expected that the government can take this decision in the budget to be presented next year.

Fitment factor will be raised to 3.68 times!

If this is agreed, then the basic salary of more than 52 lakh central employees will increase under the fitment factor. Government employees have been demanding for a long time to increase the fitment factor. Central employees are being given a fitment factor of 2.57 percent. It can be increased to 3.68 times.

On increasing it from 2.57 to 3.68, the minimum basic salary will increase from 18 thousand to 26 thousand rupees.

Announcement to increase Dearness Allowance on 28th September Earlier, the government has also announced a 4 percent increase in Dearness Allowance on 28th September. Earlier DA was 34, which has now increased to 38 percent. Employees are also getting three months’ arrears on Dearness Allowance implemented from July 1, 2022. After the announcement of DA by the central government, many state governments have announced to increase the dearness allowance.

The post Fitment Factor Update: Big update on fitment factor of central employees; Good news will be received on this day! first appeared on Rightsofemployees.com.

7th Pay Commission Fitment Factor update:  There is great news once again for the central employees. The government can take a decision on the fitment factor next month. This will increase the minimum basic salary of the employees. A draft will be prepared for this, which will be shared with the government. Union has given a big update. If this is agreed with the government, then the basic salary of more than 52 lakh central employees can be increased under the fitment factor.

Fitment Factor update

It is worth noting that the government has recently increased the dearness allowance and dearness relief to the employees. After this, the employees will get the benefit of increased dearness allowance and dearness relief from July. Now if there is a change in this, the minimum basic salary of the employees will increase. As soon as there is a change in the fitment factor, its effect will be visible on the entire salary of the employees. It is expected that a meeting can be held by next month regarding the fitment factor. Government employees have been demanding for a long time to increase the fitment factor.

important role in salary 

At present, the fitment factor is being given to the central employees at the rate of 2.57 percent, which can be increased to 3.68 times. Let us tell you that the fitment factor plays an important role in deciding the salary of central employees. Change in fitment factor means it will affect your salary as well. Actually, on the basis of this, the basic salary of the employees is increased.

Basic salary was increased in 2017

It is worth noting that on increasing the fitment factor from 2.57 to 3.68, the minimum basic salary will increase from 18 thousand to 26 thousand rupees. Earlier in 2017, the basic salary of entry level employees was increased by the government. But after that no change was made in it. At present, central employees get Rs 18 thousand as minimum salary, while maximum salary is Rs 56,900.

View Calculations

If the government makes the fitment factor 3 times, then the salary of the employees excluding allowances will be 18,000 X 2.57 = Rs 46,260. At the same time, if the demand of the employees is accepted, then the salary will be 26000X3.68 = Rs 95,680. Salary will be 21000X3 = Rs 63,000 on 3 times fitment factor. 

The post 7th Pay Commission: Good news for central employees, big update on fitment factor! 49,420 will increase salary first appeared on Rightsofemployees.com.

Bumper salary of employees will increase

New dearness allowance is going to be implemented for central employees. Actually, according to the AICPI data, there may be an increase of 4 to 5% in dearness allowance this month i.e. 38 to 39 percent DA. So far, the numbers of the AICPI index till July have come. Meanwhile, if the government agrees on the fitment factor, then the salary and pension of central employees and pensioners will increase. Meanwhile, 8th Pay Commission is also being demanded by the union, but Pankaj Choudhary has categorically denied it.

Increase in minimum basic salary

Let us tell you that in the 7th Pay Commission, the salary of central employees is decided by the fitment factor. If the fitment factor increases, then the minimum salary of central employees will increase. Let us tell you that due to this formula, the salary of central employees increased by more than two and a half times. At present, the fitment factor of the employees is at the rate of 2.57 times. On this basis, the minimum basic salary is Rs 18000 and the maximum basic salary is Rs 56900.

The post 7th Pay Commission: Good news for 52 lakh central employees! Update on fitment factor first appeared on Rightsofemployees.com.