Employees-pensioners will get 2 good news! Salary will increase this much, DA arrears may also be decided, know updates

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Employees-pensioners will get 2 good news! Salary will increase this much, DA arrears may also be decided, know updates
Employees-pensioners will get 2 good news! Salary will increase this much, DA arrears may also be decided, know updates

So far, the released data of AICPI index till November has come, in which the score has reached 132.5, in such a situation, the DA of the employees is likely to increase again by 3 to 4 percent. Although the figures of December are yet to come, the final rate In the second half, the numbers of AICPI index will decide how much DA will increase in January 2023. It will benefit 48 lakh employees and 68 lakh pensioners.

7th Pay Commission: The budget session of Parliament (Parliament Budget Session 2023) will start from 31 January 2023, which will run till 6 April 2023. On February 1, 2023, Union Finance Minister Nirmala Sitharaman will present the Union Budget of the Modi government, in which every section is expected to get a gift, most of the central employees-pensioners are looking forward to it. The news is also that the employees-pensioners have also started taking their demands to the Finance Minister. It is expected that after the presentation of the budget, before Holi, the employees may get 2 big gifts. First dearness allowance and second decision on 18 months outstanding DA arrears.

1 crore employees-pensioners will get benefits

Actually, the central government increases the dearness allowance of the employees 2 times a year, which depends on the figures of AICPI index, if there is a big jump in the figures, then more DA is expected to increase, otherwise it will increase by 3 percent. Is. So far, the released data of AICPI index till November has come, in which the score has reached 132.5, in such a situation, the DA of the employees is likely to increase again by 3 to 4 percent. Although the figures of December are yet to come, the final rate In the second half, the numbers of AICPI index will decide how much DA will increase in January 2023. It will benefit 48 lakh employees and 68 lakh pensioners.

DA will be 41 or 42 percent?

At present the employees are getting the benefit of 38 per cent DA and after the increase it may be 41 or 42 per cent. With this, a total increase of ₹ 720 per month in the basic salary of the employees and ₹ 2276 per month for the employees in the maximum salary range is fixed. This can be implemented from 1 January 2023 and arrears of 3 months can also be given. If media reports are to be believed then Holi is on March 8, the new DA may be announced in the first week of March. Although the official confirmation is yet to be made. There is a formula for DA for employees [(Average of All India Consumer Price Index (AICPI) of last 12 months – 115.76)/115.76]×100.

Decision on 18 months DA arrears?

If media reports are to be believed, relief can be given to central employees in the budget session on outstanding arrears of 18 months. The employees are hopeful that in 2023, the central government may take some decision on the outstanding DA arrears from July 2020 to January 2021, since its amount ranges from thousands to lakhs of rupees. There is also a possibility that the government may take a final decision on DA arrears during or after the budget session, or a decision may be taken to allocate the amount for the outstanding arrears in the budget session or to pay it in installments. Can also be announced. However, no update has come from the government in this regard.

Who will get how much DA arrears

According to media reports, if the payment is made then up to Rs 2.18 lakh can come in the account of the employees. The employees will get the money of DA arrears according to their salary band. It is expected that Level-1 employees will get Rs.11,880 to Rs.37,554, Level-13 (7TH CPC Basic Pay-Scale Rs.1,23,100 to Rs.2,15,900) and Level-14 (Pay-Scale) from Rs.1,44,200. An arrear of Rs.2,18,200 is outstanding. If the basic pay of the employee is Rs.18,000, he can get the outstanding DA arrears for 3 months (4,320+3,240+4,320) = Rs.11,880. If the basic pay of the employee is Rs.56,000 DA arrears of 3 months will be (13,656 + 10,242 + 13,656) = Rs 37,554.