Central Government employees waiting for Dearness Allowance (DA) are getting good news very soon. In this article, we will know how much DA hike you will get under 7th Pay Commission and how much your salary will increase due to this.
The 7th Pay Commission plays an important role in determining the salaries of central government employees and pensioners in India. Every year the government gives Dearness Allowance (DA) to government employees to reduce the impact of inflation, this DA increment is given twice a year. DA is announced whenever but its implementation is done only from the months of January and July. Its formal announcement is made in March and October, but due to Rajya Sabha elections in many states, Sakar can give good news to the employees earlier.
DA will be Announced in September
According to media reports, the Central Government may announce the second dearness allowance of this year on 25th of this month. This inflationary trend will be effective from the month of July itself.
How Much Increase DA?
The DA given to employees is determined on the basis of All India Consumer Price Index for Industrial Workers (AICPI-IW) data. According to the news report, employees will get a DA increase of 3 percent for the allowance from July, which will The total DA received by government employees increased to 53 percent.The decision to give DA increment of 3% has been taken after the increase in AICPI index by 1.5 points in June 2024.
Calculation of Salary Hike
Let us understand from the example what percent increase there will be in your salary after this decision of the Seventh Pay Commission.
If your monthly salary is ₹100,000 then 3 percent DA increase will result in an increase of ₹3000 in your salary. From October month onwards, you will see an increment of 3% in your salary. This dearness allowance will be applicable from July, so the dearness allowance for the months of July to September will be visible in the salary of October 2024 along with the arrears of 2024.
Last DA Hike
Earlier this year, the central government had announced the first dearness allowance for 2024 with a 4% hike, taking the total dearness allowance to 50%, with the upcoming 3% hike taking the total dearness allowance to 53%.
Conclusion
After the announcement of the latest DA hike by the Seventh Pay Commission, central government employees will see a satisfactory increase in their salaries. The expected 3 per cent increase in DA will translate into the employee’s monthly salary and additional dues, thereby providing financial relief and stability.
Q1. What is the maximum pay in 7th Pay Commission?
Ans: The maximum salary in the 7th Pay Commission is Rs 250,000.
Q2.What is the minimum pay in 7th Pay Commission?
Ans: The minimum salary in the 7th Pay Commission is Rs 18,000.
Q3. When will 7th pay commission be implemented and how much will it be?
Ans: 7th Pay Commission may be implemented on 25th September and DA will see a hike of 3%.