The good news for these employees is that such a pay hike will take place from July 1
New Delhi: The Union government has announced the revocation of DA (Dearness Allowance) of about 52 lakh Central Government employees. In the meantime, will this change in salary or not? There is confusion among the central staff about this. Even though it is certain that the salaries of central employees will be increased, how will they benefit from July 1? Let’s understand this.
The government has already announced that these benefits will be given to the employees from July 1, 2021. After this, the DA (DA) of central employees will increase from 17% to 28%. Which is an increase of 3% and the expected 4%. The increase in DM will take place from January 1, 2021.
According to the rules of the 7th pay commission, the basic pay of employees is multiplied by the fitment factor. This fitment factor is 2.57. This increases the monthly salary of government employees. Although it does not include allowances.
Changes in contributions to PF and gratuity
Salary breakups include dearness allowance (DA), travel allowance (TA), rent allowance (HRA), medical reimbursement, and more. At this salary, the Traveling Allowance (TA) will increase further after the outstanding DNA. The increase in DA will change the monthly provident fund (PF) and the gratuity contribution of central government employees.
good news for these employees