7th Pay Commission: It's confirmed! Central employees' dearness allowance may increase October 3!

DA trek: Head office workers get good news on first day of Navratri. The government can increase the remuneration of key employees. The Union Cabinet of Ministers will meet on October 3, at which many important decisions are expected to be made. The allowance of employees in the central budget can be approved on October 3.

If it does, it will make a great gift before Dussehra and Diwali. Previously, the government raised the DA in March, and the interest rates came into effect from January 1, 2024. After that, all employees look forward to the increase in DA over the next six months. There is no word yet on the timing of the DA increase, but there is such a statement in the press reports.

How much will DA increase?

According to sources, if the DA of central employees is increased by 3 per cent, it will go up to 53 per cent. Employees of the central office currently receive a 50 percent discount. In addition, the government will repay the debt for three months from July to September.

This helps workers’ incomes keep up with inflation. According to the 3% DA, there will be a decent wage hike for central employees. If an employee’s salary is Rs 40,000, he will get an increment of Rs 1,200 per month with 3 percent interest. It is estimated that it can be increased by Rs.14,400 per annum. All eyes are now on the October 3 government meeting.

When was the DA last collected?

In March, the central government increased subsidies by 4 percent. The tariffs were introduced on January 1, 2024. The government works to update the DA twice a year, with tariffs valid from January 1st to July 1st. FYI, the government has already dealt a big blow. 18 months DA delay. The government refused to pay the outstanding DA contributions. Moreover, even after the establishment of the 8th Wage Commission, they do not trust the government.

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