7th Pay Commission 2024: Positive Update! Central employee’s DA will be 50%, and their pay will increase by Rs 49,420.

7th Pay Commission: The nation’s core personnel and pensioners have wonderful news. Let us inform you that the dearness allowance for central workers will be fifty percent, as per a recent update from the government. As a result, employees’ salaries will rise by Rs 49,420.

DA Hike: The nation’s central staff and pensioners have excellent news. In actuality, there will be another Dearness Allowance (DA Hike) increase. Let us inform you, however, that the central staff will be receiving positive news about another topic. Let us first explain Dearness allowance to you. In actuality, the AICPI index is at 139.1.

A four percent rise in the employees’ Dearness Allowance (DA Hike) is deemed necessary in such a scenario. As a result, staff compensation will increase significantly. This will directly help over one crore employees as well as retirees in the nation.

7th Pay Commission DA will rise to 50%.

The dearness allowance (DA Hike) for central employees may be raised by the Modi government at the centre once more by 4% starting in January 2024. But this hike will take place for March. Based on AICPI data through November 2023, there is a projected 4% increase. The Dearness Allowance (DA) will reach 50% if it is raised by 4 percent.

8th Pay Commission Date 2023, Update, performance, salary formula, calculator

DA Hike Central Government Employees, DA Rate, Calculator  

Workers at Central will receive two positive updates:

Regarding the second piece of good news, we can also inform you that the central employee is eligible to receive the fitting factor present. This is something that the staff has long demanded. At this point, talks on raising it this year are complete. The employees’ incomes will significantly increase if this takes place. The Seventh Pay Commission’s modifications in the fitment factor will undoubtedly result in a raise of Rs 8,860 in government employees’ base pay

The increase is available to employees following a DA boost. The fitting factor is 2.57 times at this time around. In the upcoming days, it will probably go to rise to 3.68 times. The level-3 basic wage will rise from Rs. 18000 to Rs. 26000 in the event that this occurs. The remuneration of employees would directly increase by Rs 8,000. In addition, this will have an effect on the DA payment.

X Class & TPTA – Basic salary Rs 18000 monthly-

  • Basic Pay: Rs 18,000
  • Dearness Allowance (46%): Rs 8,280
  • House Rent Allowance (27%): Rs 5,400
  • Transport Allowance: Rs 1,350
  • DA on Transport Allowance: Rs 621
  • Gross Salary: Rs 33,651

Salary would increase by Rs 49,420 as a result of the Fitment Factor

A central employee at Level-3 who receives a base pay of Rs 18,000 will receive a salary of Rs 18,000 X 2.57 = Rs 46,260, minus allowances. The pay will be 26000X3.68= Rs 95,680 if the fitment ratio is raised to 3.68 times. Workers will earn financially from this. This indicates that, in comparison to their current salaries, employees will receive a raise of Rs 49,420 overall. The calculation is based on the minimum salary. Maximum wage earners are eligible for greater benefits.

Leave a Comment