7th pay commission: The month of September can prove to be very valuable for central employees and pensioners, which will be like a big gift. The government can announce an increase in dearness allowance (DA) any day now, which will lead to a record-breaking increase in salary. About 1 crore employees and pensioners will benefit from the DA increase.
This time the government is going to increase DA by 3 percent, which will be like a big gift. The government has explicitly rejected both the fitment factor and the formation of the 8th pay commission. This decision is also viewed as a significant setback for the employees. This decisConversely, there has been no announcement regarding the date of the dearness allowance increase. date of increase in dearness allowance has not been announced. Media reports are claiming the first week of September, which is going to prove to be good news.
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DA will increase by this much percent.
The Modi government is going to increase DA by 3 percent, after which it will increase to 53 percent. Currently, employees are receiving a 50 percent DA. After this, the employees’ salary will see a record-breaking increase, enough to win everyone over. Simple calculation shows how much the salary will rise.
Once employees understand the calculation, their doubts will be resolved. If an employee’s salary is Rs 40,000, there will be an increase of Rs 1200 per month, according to the 3 percent DA. There will be a Rs 14,400 annual increase. If the salary is Rs 50000, then according to 3 percent DA, there will be an increase of Rs 1500. Calculating the annual amount reveals an increase of Rs 18,000, which will yield significant benefits.
There will be no payment for DA arrears of 18 months.
The central government has clarified that the 18-month DA arrears will not be disbursed to central employees and pensioners. The government’s clarity on this matter has come as a significant shock. Let us inform you that the government has refused to form the 8th Pay Commission.
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Employees had hoped for a long time that the government would form the 8th Pay Commission in 2024, but this could not happen. This is like a big shock. So, your employees’ fitment factor won’t increase either.
