Big Update on DA, Good News For Central Employees, Check Details
7th pay commission Latest: Just before Holi, central government employees are going to get great news. In fact, 4 percent Dearness Allowance (DA) may be approved in the Union Cabinet meeting today on Thursday. If this happens. So there will be a big increase in the allowances of more than one crore central employees and pensioners of the country.
How much will be da
Sources told Business Today TV that the Union Cabinet may approve 4 per cent dearness allowance before the general elections. With this approval, the allowance of employees will increase to 50 percent. In October last year, the Union Cabinet had increased the allowance by 4 per cent to 46 per cent to benefit 48.67 lakh employees and 67.95 lakh pensioners. This allowance is applicable from July 1, 2023.
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HRA will also increase
Now after the new increase, DA will reach 50 percent. According to the recommendations of the 7th Pay Commission, if DA reaches 50 percent. So the house rent allowance i.e. HRA will also increase. With this increase, the take-home salary package of central government employees is certain to increase.
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HRA in three categories
According to the recommendations of the Pay Commission, cities have been divided into three categories for HRA increase. These categories are- X,Y & Z. X category employees live in cities/towns. So his HRA will increase to 30 percent. Similarly, the HRA rate for Y category will be 20 percent and for Z category it will be 10 percent. Currently, employees living in cities/towns of X, Y & Z get 27, 18 and 9 percent HRA respectively.
Superfast News Coverage By YuvaPatrkaar.com Team
Publish Date: March 07, 2024
Posted By Sunil