seventh Pay Commission Dearness Allowance/DR Calculation: The Union Government closing week introduced a hike in prices of dearness allowance (DA) for Central Government Employees and dearness comfort (DR) for pensioners via way of means of 4% of the simple pay/pension. With the contemporary hike, the DA/DR price for Central Government personnel and pensioners will boom to 42% of the simple pay/pension.
The DA/DR price hike is determined via way of means of the Government as according to the formulation advocated via way of means of the seventh Pay Commission. DA and DR are supplied to personnel and pensioners respectively that allows you to compensate them for the charge rise. With the current hike, almost 47.fifty eight lakh Central Government personnel and 69.seventy six lakh pensioners will benefit.
DA Hike Calculation
The 4% hike in DA approach that the price of dearness allowance supplied to Central Government personnel will now be 42% of the simple revenue. So for example, if an worker`s simple revenue is Rs 31400, he become in advance getting Rs 11,932 as DA on the relevant price of 38%. With DA leaping to 42%, this worker will now be getting Rs 13,188 as DA. Thus, the DA issue of his revenue could efficiently boom via way of means of 10.5% from Rs 11,932 to Rs 13,188. In absolute numbers, this worker`s DA issue could boom via way of means of Rs 1256 (Rs 13,188-Rs 11,932).
DR Hike Calculation
The 4% hike in DR approach that the price of dearness comfort supplied to Central Government pensioners will now be 42% of the simple pension. So for example, if a Central Government pensioner`s simple pension is Rs 25,2 hundred he become in advance getting Rs 9576 as DR on the relevant price of 38%. With DR leaping to 42%, this pensioner will now be getting Rs 10,584 as DR. Thus, the DR issue of his pension could efficiently boom via way of means of 10.5% from Rs 9576 to Rs 10,584. In absolute numbers, this pensioner`s DR issue could boom via way of means of Rs 1008 (Rs 10,584-Rs 9576).
DA Hike Implementation Date
The DA/DR hike will come into impact from January 1, 2023. As such, the extra instalment with impact from 1st January will constitute an boom of 4% over the present price of 38% of the simple pay/pension.
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