DA Hike Calculation: Modi government has given a big gift to crores of central government employees and pensioners before Diwali. The government has announced a 3 percent increase in Dearness Allowance (DA) and Dearness Relief (DR) on Wednesday. After this increase of 3 percent in DA, now the DA received by the employees will increase to 53 percent. The DA increase is effective from July 1, 2024. So let us now know by how much the salary of central employees will increase?
Salary will increase by this much
Let us tell you that DA of central government employees is decided on the basis of their basic salary. If the basic salary of an employee is Rs 25 thousand, then after this increase his DA has become 53 percent. In such a situation, DA increases from Rs 12500 to Rs 13250. In this way DA has increased by Rs 750 per month. Whereas DA arrears for three months from July to September (750+750+750) becomes Rs 2250. All this will be added to the October salary. That is to say, if the employee’s salary after adding basic salary, DA and housing allowance i.e. HRA was Rs 50,000 earlier, then from this month it will now come to Rs 50,750. At the same time, the arrears of three months will be Rs 2250.
what are the details
Let us tell you that the government gives DA to central employees, while DR is given to pensioners. Normally, DA and DR are increased twice a year in January and July. Earlier in the month of March, the government had announced to increase DA by 4%. In 2006, the Central Government revised the formula for calculating DA and DR for central employees and pensioners.