7th Pay Commission: Good news! Employees you will get Rs 95,000 Salary soon, see calculation & new update
7th Pay Commission: While making a big announcement for government employees, the Central Government has decided to increase the dearness allowance by 3 percent. Know how much salary is increasing after this announcement.
7th Pay Commission: Central employees have once again become bat-bat. From July 1, 28% dearness allowance (DA) to central employees and dearness relief (DR) for pensioners has already started getting 28%. Now, giving another good news to the employees, the central government has increased the DA from 28% to 31%. Let us now know how much your salary is increasing due to 31% DA.
Salary increased according to pay grade
The Central Government has again increased the DA of the employees by 3%, now the Central Government employees and pensioners will be paid DA and DR at the rate of 31%. Central employees and pensioners can get an idea of the salary increase according to their basic pay and grade.
Government had announced 31% DA
The Central Government had announced to increase the Dearness Allowance by 3 percent more for government employees before Diwali. That is, the central employees will now get salary with 31 percent DA. More than one crore central employees and pensioners will get the benefit of this.
Announcement will come into effect from July 1
According to the announcement of the central government, the new increase in dearness allowance has been implemented from July 1 this year. Earlier in July, the government had increased the dearness allowance (DA Hike) by 11 per cent to 28 per cent. After that, now it has increased by 3 percent. Due to this, now government employees and pensioners will get 31 percent DA.
Calculation on 31% DA
Now with the increase of 3% dearness allowance, the total DA will become 31%. According to the 7th Pay Commission Matrix, the salary range of Level-1 of central employees ranges from Rs 18,000 to Rs 56900. Now on the basic salary of Rs 18,000, the total annual dearness allowance is Rs 66,960. But talking about the difference, the annual increase in salary is increasing by Rs 30,240.
Calculation on minimum basic salary
1. Basic salary of the employee Rs 18,000
2. New dearness allowance (31%) Rs 5580/month
3. Dearness allowance so far (17%) Rs 3060/month
4. How much dearness allowance increased 5580-3060 = Rs 2520/month
5. Annual salary increase 2520X12 = Rs 30,240
Calculation on maximum basic salary
1. Basic salary of the employee Rs 56900
2. New dearness allowance (31%) Rs 17639 / month
3. Dearness allowance so far (17%) Rs 9673 / month
4. How much dearness allowance increased 17639-9673 = Rs 7966 / month
5. Annual salary increase 7966X12 = Rs 95,592
According to 31% dearness allowance, the total annual dearness allowance is Rs 211,668 on the basic salary of Rs 56900. But talking about the difference, the annual increase in salary is increasing by Rs 95,592.
