Thursday, November 21, 2024
Google search engine
HomePersonal FinanceDA Hike: Now DA of these central government employees increased by 12%,...

DA Hike: Now DA of these central government employees increased by 12%, salary will increase by Rs 36000

7th Pay Commission DA Hike : The central government has announced an increase in Dearness Allowance (DA). This increase will be applicable to those central employees and employees of autonomous bodies (Department of Public Enterprises) who are getting salary as per the 5th and 6th Pay Commission. In this regard, the Department of Public Enterprises of the Ministry of Finance has issued an Office Memorandum on 7 November 2024.

WhatsApp Channel Join Now
Telegram Group Join Now
Instagram Group Follow Now

New rates of DA under 6th Pay Commission

According to the 6th Pay Commission, dearness allowance for salaried employees has been increased from the current 239% to 246%. This increase will be effective from July 1, 2024. A seven percent increase in dearness allowance has been made under the Sixth Pay Commission. For example, if an employee’s basic salary is ₹ 43,000, earlier he used to get ₹ 1,02,770 under 239% DA. According to the new rate of 246%, now his DA will increase to ₹ 1,05,780. That is, the salary will increase directly by Rs 3,000 per month.

New rates of DA under 5th Pay Commission

According to the 5th Pay Commission, the dearness allowance of the employees receiving salary has been increased from the current 443% to 455%. This will also be applicable from July 1, 2024. That is, DA has been increased by 12 percent directly.

DA rates under 7th Pay Commission

Dearness Allowance and Dearness Relief for central employees and pensioners receiving salary under the 7th Pay Commission has been increased from 50% to 53%. This increase has come into effect from July 1, 2024.

benefit of dearness allowance

Dearness Allowance is given to government employees and pensioners to provide relief from inflation. It is decided according to the employees working in urban, semi-urban and rural areas. The central government revises the rates of dearness allowance twice every year—in January and July. Through this revision, employees receiving salary under the 5th and 6th Pay Commission will get the benefit of increase in DA.

 

Jyoti
Jyoti
Jyoti, has 2 years of experience in writing Technology Content, Entertainment news and more. He has done BA in English. He loves to read books in free time. In case of any complain or feedback, please contact me @themoneyplans.com@gmail.com
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments