7th Pay Commission DA hike: Here’s how much salary you will get after 3% increase
Zee News
In the latest 7th Pay Commission update, the Central government has approved a 3 per cent hike in the dearness allowance (DA) and dearness relief (DR) for Central government employees and pensioners.
New Delhi: In the latest 7th Pay Commission update, the Central government has approved a 3 per cent hike in the dearness allowance (DA) and dearness relief (DR) for Central government employees and pensioners. The latest DA and DR hike has come amid the festive season that will add to the festivities for lakhs of Central government employees and pensioners.
Overall, the latest decision to increase the DA will benefit 47.14 lakh Central government employees and 68.62 lakh pensioners. With the latest increase, the DA and DR will now be paid at a rate of 31% of the basic pay and pension, respectively.
Previously, the government was paying DA and DR at a rate of 28% of the basic and pension, respectively. The decision to increase the DA by 3% will cost the exchequer Rs 9,488.70 crore per annum.
