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7th Pay Commission: Government employees wait for the month of July. This month the government gives double benefit to the employees. In the month of July, there is an increase in dearness allowance (DA Hike), and along with it the salary of the employees also increases.
Everyone from lower level employees to top officials gets its benefit. Let us tell you that the government increases dearness allowance twice a year and salary hike once. This year also, there will be an increase in salary hike and DA of government employees in July. Although the government had increased dearness allowance in January, but DA increases again in July.
Let us understand with the help of an example, how much money will the employees get after the DA and salary increase?
How much will DA increase?
In January, the government had increased the dearness allowance by 4 percent. In such a situation, this time also it is expected that DA will increase by 4 percent again in July. Understand it like this, if the basic salary of an employee is Rs 50,000, then its 4 percent will be Rs 2,000.
This means that the DA of the employee will increase by Rs 2,000, that is, the employee will get Rs 2,000 more in the salary of July.
How much will the salary increase be?
Every year in July, the salary of the employees increases by about 3 percent. This means that if the basic salary of the employee is Rs 50 thousand, then 3 percent of it i.e. Rs 1,500. This means that the salary of the employees increases by Rs 1,500.
In this way, employees will benefit from the increase in DA and salary in July. If we talk about how much money will increase in the account, then on a basic salary of Rs 50 thousand, DA of Rs 2,000 and salary increment of Rs 1500 will be available.
Its total comes to Rs 3,500, which means the basic salary of the employee will increase by Rs 3,500 in July.
North India Statesman