7th Pay Commission : Good News for Central Employees, Salaries will increase from July 1, find out how much benefit
At Present, the minimum salary of centralemployees is Rs 18,000 as per paymetrics.
7th Pay Commission : The long awaited good news from central employees has finally arrived. The inflation allowance of central employees is going to increse from july 1. Employees inflation allowance will go straight to 28 percent.This additional benefit will also be seen in their salary the good news for employees is that they will also be seen in their salary the good news for employees currently get an inflation allowance.ths will directly increase the salar by Rs 2700 per month.on an annual basis, the total inflation allowance will increase by Rs. 32,400.
Notably, at present the minimum salary of central employees as per pay-matrix is Rs.18000.It is expected to add 15% inflation allowance. this will directly increase the salary by Rs 2700 per month. on an annual basis, the total inflation allowance will increase by Rs.32,400.
The inflation allowance is to be announced in june 2021.even then it is projected to grow by 4 % , according to sources.If this happens, the 4% payment will be made in the next 6 months after the payment in three parts on MJuly 1.the inflation alloowance could reach 32% of the total.
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Currently DA is found at 17%.The Central Government Revises it every six months. It is Calculated on the basis of basic pena. currently employees and pensioners get different DA.
Corona Caused the Government to freze the inflation allowance from 1 January 2020 to 1 July 2021. this decision has saved the government a total or Rs37,000 crore in the financial year 2021-22.However, central employees are demanding that the arrears be paid after january 1.
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