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7th Pay Commission DA Hike: Will central employees get 55% dearness allowance? Salary will increase by this much

seventh Pay Fee DA Hike: There’s excellent news for central staff. The federal government will as soon as once more improve the dearness allowance in July. The central authorities will increase the dearness allowance of central staff twice a 12 months in January and July. The federal government final elevated the DA by 4 p.c in March 2024, but it surely was carried out from January 1, 2024. Equally, the federal government will improve DA in September-October, however will probably be carried out from July 1, 2024. The federal government had elevated the DA by 4 p.c in January, after which the DA has elevated to 50 p.c. Now the dearness allowance is to extend once more from July. Now it’s anticipated that after the Modi authorities will get its third time period, the dearness allowance of the staff can improve between 3 to five p.c. If this occurs, then the dearness allowance may be between 53 to 55 p.c.

Will DA improve to 55 p.c from July 1? It’s anticipated that the federal government can improve the inflation price by 3 to five p.c in view of inflation. If the federal government will increase DA by 5 p.c, then the DA of the staff will improve to 55 p.c on July 1. Nonetheless, wanting on the previous pattern up to now, the federal government has introduced to extend the dearness allowance of July 1 solely until September-October. The identical is predicted to occur this time as properly, however every time the announcement is made, will probably be thought-about efficient from July 1, 2024.

Home Lease Allowance (HRA) of central staff elevated
With DA reaching 50%, the federal government has revised the HRA charges in cities X, Y and Z to 30%, 20% and 10% of the essential pay respectively. The home lease allowance given to staff will depend on the class of the town they stay in. The HRA for X, Y and Z kind cities was 27%, 18% and 9% respectively, which has been elevated to 30%, 20% and 10%.

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