DA Hike January 2024: Central Employees Will Get Double Good News
DA Hike January 2024: Central employees and pensioners have received good news. Dearness allowance is going to increase again. But in the second case the central employees will get happiness. Dearness allowance, or mercy allowance, is the first thing. AICPI index is 139.1.
In such a situation, a four percent increase in the dearness allowance (DA hike) of central employees is certain. This will significantly increase the salary of the employees. More than 1 crore employees and pensioners will get direct benefits from this.
Will get 50% DA.
The central Modi government can once again increase the dearness allowance (DA) of central employees by 4% from January 2024. Despite this, this increase will take place in March. AICPI figures show a growth of 4% by November 2023. If dearness allowance increases by four percent. So it will reach fifty percent (gratitude grant).
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Central employees will get double good news
Now there is another good news. Fitment factor can also be given to central employees. This has been in demand for a long time. There is talk of increasing it this year. If this happens. So there will be a huge increase in salary. Due to change in fitment factor under the 7th Pension Commission, the basic salary of central employees will increase by Rs 8,860.
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This may increase after DA Hike. Despite this, the fitment factor is 2.57 times. It is likely to be 3.68 times. If this happens. So the basic salary at level-3 will be from Rs 18000 to Rs 26000. There will be a direct increase of Rs 8000 in the salary of employees. Also, it will have an impact on DA payment.
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Gross Salary: Rs 33651
You will get Rs 49,420 from Fitment Factor
The basic salary of a central employee at level-3 is Rs 18,000. Therefore, excluding allowances, his salary will be Rs 18,000 X 2.57 = Rs 46,260. If the fitment factor is increased to 3.68 times then the salary will be 26000 times 3.68 = Rs 95,680. Employees will get huge benefits from this. It means this. That the employees will get Rs 49,420 more than the current salary. This calculation is based on minimum salary. Those paying the maximum may get more benefits.
Superfast News Coverage By YuvaPatrkaar.com Team
Publish Date: January 05, 2024
Posted By Sunil