This information will make you pleased if you or a member of your family works for the central government. Yes, there will be significant news made today that will affect more than a crore employees and pensioners. The Labour Ministry is set to release the AICPI Index today. The government will make a decision regarding the DA based on this. The administration will soon make its second announcement regarding the DA hike in 2023.
Receiving DA at a rate of 42% at the moment
Based on the AICPI index figures that will be released today, the following dearness allowance will be determined. When and how much will it cost to be revealed? There is currently no known information about it. However, it is anticipated that payment will be made in September. DA is currently paid at a rate of 42 percent to central staff. It is anticipated that it will rise by 4% to 46% as of July 1. However, no formal announcement has yet been made regarding this. The amount of the dearness allowance increase will be decided this evening.
There is no uncertainty on how much dearness allowance (DA) central staff will receive
starting on July 1, 2023, albeit it may increase by this much. But DA is anticipated to rise by 4% based on data from January to May. Today will bring the release of the AICPI index’s June data. However, it is anticipated that in the near future, the 42 percent DA that is currently available may rise to 46 percent. Arrears from July 1 will be paid to central staff together with this.
The HRA will increase dramatically
Additionally, a rise in HRA at DA time is given under the Seventh Pay Commission. When the dearness allowance reaches 50%, there will be a rise in this, nevertheless. More than six months remain in this. Currently, HRA is separated according to the kind of city. Named X, Y, and Z. HRA will be increased for central employees residing in city X. They will receive less HRA than employees who reside in Y and Z cities. The city states that HRA is accessible at 27 percent, 18 percent, and 9 percent.
Read more: Loan takers will get a gift, RBI has made all necessary arrangements!
|
|
  Facebook Page |
         Click Here |
|  Twitter       |
          Click Here |
| Â Instagram |
         Click Here |
