The good news for government employees is that on July 1, the DA will triple, salaries will be increased
7th pay Commission: The central government has recently announced an increase in inflation allowance for its employees and pensioners. Currently, the fitment factor for 52 lakh central employees is a matter of debate. This is the formula on the basis of which the salaries of central employees are determined.
7th pay Commission: The central government has recently announced an increase in inflation allowance for its employees and pensioners. From July 1, central employees will get an additional salary in which they will get 28 per cent inflation allowance instead of 17 per cent. Currently, the fitment factor for 52 lakh central employees is a matter of debate. This is the formula on the basis of which the salaries of central employees are determined.
The good news for government employees is that on July 1, the DA will triple, salaries will be increased
કેન્દ્રિય કર્મચારીઓને ખુશ ખબર મોંઘવારી ભથ્થુ 17%થી વધીને થશે 32%, પગારમાં થશે તોતિંગ વધારો
The good news for government employees is that on July 1, the DA will triple, salaries will be increased
Central employees will get dearness allowance from July 1, 2021
7th Pay Commission news: લાખો કર્મચારીઓ માટે આવી ખુશખબર, સપ્ટેમ્બર મહિનામાં થશે પગાર વધારો, પેન્શનરો માટે પણ થઈ આ જાહેરાત
Government employees have not received an expensive allowance since last year due to corona infection
In his speech, Minister of State for Finance Anurag Thakur called on D.A. Announced an increase
Very good days are coming soon for central employees and millions of pensioners. The Centre's Modi government will simultaneously provide three installments of inflation allowance to its employees this year. It has also been announced. It will be a great gift for the new year and Holi for the employees who have been waiting for DA for a long time.
Indeed, the finance ministry recently told the House that the inflation allowance would be paid on July 1, 2021. Employees will be paid three installments at a time, which was due last year due to the Corona epidemic. The government's decision will benefit about 50 lakh central employees and 65 lakh pensioners.
You know, the central government pays dearly to its employees twice a year. But his installments were stalled due to the Koro epidemic. At present, central employees and pensioners are getting 17 per cent inflation allowance. Three installments will be paid simultaneously on July 1, after which the staff allowance will increase by 29 per cent. There will be a good increase in salary with an increase in inflation allowance.
DA will increase to 29 percent
After paying three installments simultaneously in DA, the dearness allowance of the employees will increase to 29 per cent. In three installments, 4% on 1 January 2020, 4% on 1 July 2020 and 4% on 1 January 2021. Apart from this, the inflation allowance is currently getting 17 per cent. Thus, a total of 29% DA may not be given to Arias ...
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The government has saved Rs 37,430.09 crore by not paying DA
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ગુજરાતીમાં વાંચવા માટે અહી ક્લિક કરો
In his written statement in the House, Minister of State for Finance Anurag Thakur said that from July 1, 2021, three installments of inflation allowance will be paid. Anurag Thakur told the Rajya Sabha that the government has saved Rs 37,430.09 crore by not paying DA. He said the savings were spent in the fight against the corona virus. It is known that the DA of Central Employees is due one January 2020, one July 2020 and one January 2021. Stay tuned for the latest Gujarati news updates on government employees receiving expensive allowances on July 1. This communication may still be a possibility. The government has not made any official announcement
The dearness allowance of central employees could go up from 17 per cent to 28 per cent. The increase includes a 3% increase in DA from January to June 2020, a 4% increase from July to December 2020 and a 4% increase from January to June 2021. This means that the total DA calculation (17 + 4 + 3 + 4) will be 28 percent
This is how it is calculated
The fitment factor plays an important role in the calculation of salary. This fitment factor is kept at 2.57 for the 7th pay punch. If an example would be easy to understand. If a person's basic salary is Rs. 10000 as admission, then the monthly basic salary will be Rs. 25700 (10000 × 2.57). After the monthly basic salary, it includes many types of allowances. These include allowances such as Dearness Allowance, Travel Allowance, Medical Reimbursement. After this complete calculation the basic salary and total monthly salary are determined.
Millions of central government employees who are eagerly awaiting the hike in inflation allowance (DA) will get a pay hike from July 1. The government has already said in Parliament that it will get its withheld Inflation Allowance (DA) and Inflation Relief (DR) from July 1, 2021.
Currently, the minimum wage is Rs 18,000 according to the salary metrics of central employees. It is expected to add 15 per cent inflation allowance to the existing salary metrics. So Rs 2,700 per month will be added directly to the salary as DA on the existing salary metric. Thus, the total inflation allowance will increase by Rs 32,400 on an annual basis. Last year the government withheld costly allowances and inflation relief for employees and pensioners because of the Corona, an increase that is now going to be met.
The decision to reinstate DA from July 2021 will benefit 50 lakh central government employees and more than 65 lakh pensioners. However, any increase in DA from 1 July will be effective from that day onwards meaning that employees will not receive any outstanding amount on DA reform for the previous period.
The benefit of inflation allowance will be available from July 1
The government has decided to increase the inflation allowance from July 1. The increase in inflation allowance will also increase the provident fund contribution, gratuity contribution for central employees. If we talk about provident fund, the monthly basic salary and dearness allowance of an employee is 12 per cent. If the share of DA in this increases then the contribution of PF will also increase and retirement fund will increase.
What is a fitment factor?
If this question arises in your mind that what is the connection of salary with fitment factor? It is necessary to know this information that the basic salary of any employee is calculated using this formula. For any employee, the monthly basic salary is about 50 percent of the total monthly salary. The basic salary is multiplied by the fitment factor.
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DA વધારા બાબત સમાચાર 14 જુલાઈ 2021
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