7th Pay Commission : Employees Got Great News, This Decision of Government Will Give Huge Benefits, Know Details

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7th Pay Commission

7th Pay Commission : A big good news has come from the government for central employees and pension holders. Let us tell you that the employees were waiting for the increased DA for a long time, and the government has announced to increase it. After this announcement of the government, employees and pension holders will now be able to get the benefit of DA up to 50%.

It is known that this increased DA will be applicable from the month of January. After merging this, there will be a huge increase in the salaries of the employees. Not only this, the government is also going to give more gifts. The government has announced to give special allowance. After which the employees will get double the benefits.

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If media reports are to be believed, the government can also give extra allowance and special fee allowance to the employees. Which will be increased by about 20% and 10% from their basic salary. Let us tell you that after doing this, they will get double the benefit of the Seventh Pay Commission. This information has been released sequentially by the Office of Personnel and Training Department.

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Central employees were continuously waiting for the lamp to grow since Covid. But due to the Corona epidemic it was banned. If the full benefit of the allowance is received from July 1, the employees will be relieved. This has been confirmed by the Minister of State for Finance. But for information, let us tell you that there are some such states also. Where the pay scale will be implemented. In these, state employees will also see an increase in salary.

Increase in DA will also benefit PF and DR

The biggest happiness for the employees is that recently the Finance Minister had said that DA installments will be given in July. If this is done. So this will also significantly increase the salary of central employees. The increase in DA will benefit the employees in many ways, such as they will also get a lot of benefits in HRA, DA, and health benefits. With the increase in DA, the PF contribution of the employees will also increase. Which will be beneficial in the long run. Let us tell you, at present it is around 17 percent. Which may increase to 28 percent.

Salary can increase by this much

According to the rules of the 7th Pay Commission, if we look at the salary of the central employees, then according to the 7th Pay Commission, it is the sum of the basic pay multiplied by the fitment factor and all the allowances. To find out the net CTC, the salary has to be multiplied by the fitment factor 2.57. Only after this the allowance received is added to it.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date: February 15, 2024

Posted By Sunil

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