DA Hike: The central government has announced a significant gift to the central employees before the new financial year. The central government has announced an increase of up to 2 percent in dearness allowance, due to which a lot of enthusiasm is seen on the employees’ faces. With this, a bumper increase in the salary of central employees is now considered inevitable.
After the increase, the employees will benefit from 55 percent DA. More than one crore families will benefit from this. The rates will be considered effective from January 1, 2025. In the financial year, the employees can also get the gift of formation of a new pay commission. After the increase in DA, you can quickly calculate how much the salary of central employees will increase.
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Why does the government give the benefit of DA?
The central government increases the DA of its employees twice every year, the rates of which go from January 1 to July 1, 2025. The basic salary is determined based on the pay commission every 10 years. On the other hand, according to inflation, the government increases the DA of employees twice every year. The government had increased DA by 3 percent in October.
How much will the salary increase now?
After the 2 percent increase in the dearness allowance of central employees, there will be a bumper increase in the salary. If the salary of a central employee is Rs 40,000, then according to 2 percent DA, there will be an increase of Rs 800 per month. According to this, the salary will increase by Rs 9,600 annually, proving to be a big gift for the central employees. This amount will be considered a booster dose for inflation.
DA increases twice annually.y
For information, let us tell you that the central government increases DA twice every year. Its rates are implemented from January 1 to July 1. Now all the employees are waiting for the implementation of the 8th Pay Commission. However, the government approved it in January.
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