More than 62 lakh central employees, as well as 48 lakh pensioners, have been waiting for the dearness allowance as well as relief to grow. A decision is expected to be made during the Modi cabinet meeting at the beginning of March prior to Holi. This time around, the Dearness Allowance (DA) may be increased in increments of 4 percent. Central employees currently have an allowance of 38 percent for dearness which is set to rise up to 42 percent. However, the employees will receive this as part of their salary for March, only.
Dearness benefit will begin to be paid from Jan. 2023.
The increased DA will be paid to central workers starting in January 2023. Also, the arrears for Jan. and Feb. will also be paid. The allowance for the dearness of pensioners and employees of the government increases twice a year. The necklace is available between January through July of the year. The AICPI index dropped by 132.3 points during December. With the increase in the allowance for dearness by 4 percent, according to Government, an allowance amounting to Rs.7560 will be made available on the base salary of Rs 18000.
It will be increased each year by 9000 rupees.
Until now, based on the current rate of 38 percent, this allowance amounts to 6840 rupees. In a typical year, this increment amounts to around 9000 rupees. If we take to examine the amount of DA increase on the maximum base salary of Rs 56,900 and then, it will be Rs 2276 per month (Rs 27,312 for the year). The employees currently are entitled to a dearness benefit of approximately Rs 21622 each month, which will be increased to Rs 23898 per calendar month.
Also, you will be charged arrears of 2 months
Alongside receiving the funds to cover the DA raise in March’s pay, arrears of 2 months are also accessible. So, the cash will be added to the account. Additionally, there is also reported in the media that the government could also meet the old requirement of increasing the fitment factor for central employees following Holi. If a final decision is taken regarding the fit factor, there will be an enormous increase in the salary of central employees.
Read More: You can now swipe damaged notes for free & get your full money back!!
| |
 Facebook Page | Click Here |
| Twitter | Click Here |
| Instagram | Click Here |
