DA Arrear Hike Update 2023: Central employees will get a big gift before Holi regarding Dearness Allowance. Actually the government is preparing to increase their dearness allowance. The government can announce this before Holi. This time there is a possibility of an increase of 3-4 percent in the dearness allowance (DA Arrear) of central employees. However, before the central government, the state government has once again given a big gift to its employees. Actually his DA has been increased by 9 percent. Whose orders have been issued.
DA Arrear Hike Update 2023
Dearness Allowance Arrear Hike Update 2023
At the same time, four and a half lakh employees will benefit from the increase in Dearness Allowance. Dearness allowance has been increased for the employees of Jammu and Kashmir. Along with this, dearness allowance (DA Arrear) has been increased at the rate of nine percent for government employee pensioners and family pensioners. The dearness allowance has been increased by 9 percent for the employees getting salary under the Sixth Pay Commission, while the DA of the employees getting salary under the Fifth Pay Commission will be increased by 15 percent.
Rate of increase in Dearness Allowance effective from 1 July 2022
Not only this, the rate of increase in Dearness Allowance for the employees will be effective from July 1, 2022. Due to which they will be paid the arrears. DA Arrear of 7 months will be paid to the employees in two installments. For this orders have been issued by the Finance Department.
DA Arrear Hike for Central Employees
According to the issued order, under the Sixth Central Pay Commission, the basic pay of the employees has been increased from 203 percent to 212 percent (DA Arrear). It has been increased by 9 percent. Along with this, the Dearness Allowance arrears from July 2022 to January 2023 will also be paid in two installments. Whose first installment will be given in February 2023 and second installment in March 2023 along with monthly salary in cash.
DA Hike News: If hike is done then how much will be the increase in salary
DA is currently 38 per cent of the basic. If there is an increase of 4 percent in this, then the DA Arrear payable will be 42 percent of the basic salary. Assuming a basic pay of Rs 18,000 under Level 1 of 1800 Grade Pay Scale, the DA would come to Rs 7,560. This will be an additional Rs 720 in hand per month. Specifically, at 38 per cent, the Dearness Allowance comes to around Rs 6,840.
- Others can calculate their increase (DA Arrear) from the given formula – For Central Government Employees: Dearness Allowance Percentage = ((Average of AICPI for last 12 months (Base year 2001=100) – 115.76)/115.76) *100
- For Public Sector (Central Government) employees this formula (DA Arrear) is used – Dearness Allowance percentage = ((Average of AICPI for last 3 months (Base year 2016=100) -126.33) /126.33)*100
Dearness Allowance arrears will also be paid in two installments
At the same time, under the Fifth Central Pay Commission, government employees were given the benefit of 15 percent increase in DA. His existing Basic Pay of 381% has been revised to 396%. This is effective from 1 July 2022. In this case, DA Arrear will be paid in two equal installments along with the monthly salary for February and March 2023. Regarding increasing the amount of 20 to 25 thousand rupees in the account of the employees. Along with this, due to getting the amount of arrears, there can be an increase in Dearness Allowance up to Rs 40 thousand in their account.
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