Great news for central employees! Big update about DA arrears, the gift will be given on Holi

Posted on 5th Mar 2022 by rohit kumar

On the occasion of Holi, the Modi government of the Center is going to give a special gift to about 1 crore central employees of the country. The government is soon going to announce an increase in dearness allowance (7th Pay Commission DA Hike) of central employees. The government can announce Holi. Many media reports have claimed that the government can give this gift to the employees after the elections of 5 states are over and before Holi.

 

Many reports have claimed that the government can increase the dearness allowance by up to 3 percent. At present, the Dearness Allowance (DA) is 31 percent, which will now be increased to 34 percent. In such a situation, central employees and pensioners will get a big benefit. If the government employs this increase, then the employees will get benefits ranging from Rs 73,440 to Rs 2,32,152 20.

 

Salary may increase so much-

 

If the government increases the DA by 3 percent, then the salary of the employees can increase by about 20 thousand rupees. Last October, it was increased by 3 percent and in July by about 11 percent. Now if the government increases it by 3 percent, then it will reach 34 percent. According to the data of AICPI, the inflation rate in the country has reach 34.04% in December 2021.

 

DA calculation on the lowest basic salary-

 

Basic Salary-18,000

Earlier DA - Rs 5,580 per month at 31 per cent

Now DA - 34% at Rs 6,120 per month

Monthly increase - 6,120 - 5,580 = 540

Salary increasing in a year - 540x12 = Rs 6,480

Total DA for one year - Rs 73,440

 

DA calculation on highest basic salary-

 

Basic Salary - 56,900

Earlier DA - 31 percent at Rs 17,639 per month

Now DA - 34% at Rs 19,346 per month

Monthly increase -19346-17639 = Rs.1707 per month

Salary increasing in a year - 1707 x 12 = Rs 20,484 per month

Total DA for one year - 19346 X 12 = Rs 2,32,152

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