DA Hike: Good news will be announced on May 31, there will be a huge rise in income

Date:

Share:

The central staff will soon receive such fantastic news, which will make them ecstatically happy. The DA score will really be made public by the federal government on May 31 in the evening. This rating is also known as the AICPI index. This score will be used to determine how much dearness allowance will be added to central employees’ salaries in July. The current dearness allowance, which will take effect in January, is 42%. The dearness allowance has gone up by 2.5 percent since then.DA

The DA rise was last announced in March.

Let’s recall that the central government announced an increase in the dearness allowance in March 2023. After that, the administration raised DA by 4%. The implementation of this hike began in January 2023. The increase in dearness allowance is currently scheduled to go into effect in July and will be effective as of April 1. To provide employees an indication of how much the dearness allowance will grow, the government will now issue the AICPI index statistics on May 31.DA

The data for April, May, and June will now be included.

According to the government’s most recent statistics, the overall DA score is at 44.46%. Now it must also include the data for April, May, and June. The likelihood of a 4 percent increase in the dearness allowance this time around is present. This allowance will go a long way in such a circumstance. The remuneration of central personnel will also significantly increase as a result of this.DA

People are alarmed because of inflation.

Let’s just say that the country is experiencing extremely high levels of inflation. For the past two years, the cost of gasoline has been Rs 100 per liter. The cost of food has also caused concern among the populace. The average person’s salary is not growing as quickly as inflation. People’s economic situation is getting worse as a result of this. Because of the increase in dearness allowance, central staff may experience some alleviation in this situation.

Read more: On this day, a coin of Rs 75 will be launched, according to Finance Minister

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 Facebook Page                 Click Here
🔥 Twitter                              Click Here
🔥 Instagram                 Click Here

Subscribe to our magazine

More Like This

Budget 2025 Expectations: Taxes, Capital Gains, NPS & Crypto Reliefs

Anticipation is growing in many sectors as the Finance Minister and her staff begin to draft the Union Budget 2025. Both taxpayers and those...

The next generation of AirPods Pro may include health capabilities like temperature and heart rate tracking

Apple's next AirPods Pro might come with health features. Mark Gurman of Bloomberg reports that the company is exploring earbud capabilities including temperature and...

The GST Council postpones its decision to reduce health and life insurance premium taxes

GST Council Gathering: Technical reasons prompted the postponing during the 55th meeting on Saturday, and the Group of Ministers (GoM) was assigned the responsibility...

UGC NET December 2024 exam to start from 3 Jan, know the details

The UGC NET December 2024 exam schedule has been made public by the National Testing Agency. On the official website, ugcnet.nta.ac.in, candidates who have...

Amazon Prime members have bad news! Rules will change from 1 Jan

In India, Amazon is altering the requirements for Prime membership. Currently, a single account can stream Prime Video on just two TVs at once....

LEAVE A REPLY

Please enter your comment!
Please enter your name here