7th Pay Commission: If DA hike by 4 %, Know how much salary will increased

7th Pay Commission: Central government employees will get DA (dearness allowance) amid the festive season. According to reports, there is a possibility of increasing the gratuity between Navratri and Diwali festivals. Usually DA and DR are raised twice a year.

The January hike was announced on March 24. Now the July shift hike is expected to be announced in the last week of October or first week of November. This time Although it is recommended to increase DA and DR by 3%, the government It is likely to increase by 4%.

In January DA is also increased 4 per cent. Presently DA and DR is in 42 percentage. Now if it increases by four percent, amount will be rises to 46 percent.

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If DA increases by 4%, how much will the salary increase?

DA is an additional allowance given along with salary to equalize the effect of inflation. DA and DR are granted on the recommendation of the Pay Commission. This is in addition to the basic salary.

Suppose an employee’s salary is Rs 60,000, out of which the basic pay scale is Rs 25,000. DA per cent of this basic pay 42 percent means Rs 10,500. If DA increases by 4% it increased to 46 percent that means DA amount will be increased to Rs 11,500. And total Salary from Rs 60,000 will be increased to Rs 61,000.

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How to calculate DA and DR?

DA is an allowance given to employees who are currently in service. DR is given to those who retire from service and get pension. This is money paid in addition to salary or pension to cover inflation.

DA is calculated based on inflation. There is a committee for that, which recommends an increase in DA every time. DA will be announced after getting approval from Finance Ministry. Now, though DA is announced in November, it will be implemented from July itself.