Sunday, May 22nd, 2022

7th Pay Commission: Central employees will get good news soon, along with DA, announcement of increase in HRA is also possible


Business Desk, Amar Ujala, New Delhi

Published by: Deepak Chaturvedi
Updated Fri, 21 Jan 2022 10:30 AM IST

Summary

7th Pay Commission Latest Updates: There is big news for the central employees, the government can soon announce a big increase in their salary. Under this, there is a possibility that along with the dearness allowance of the employees, their housing allowance can also be increased. According to a report, more than 30 lakh central employees are going to benefit from this.

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Scope

There is big news for the central employees, the government can soon announce a big increase in their salary. Under this, there is a possibility that along with the dearness allowance of the employees, their housing allowance can also be increased. According to a report, more than 30 lakh central employees are going to benefit from this.

HR can increase up to 3 percent

According to the report released in this regard, at present, central employees get HRA at the rate of 9 percent, 18 percent and 27 percent according to their categories. It is expected that the HRA can be increased by up to 3 per cent. Thereafter, the HRA rates will be 10 per cent, 20 per cent and 30 per cent, depending on the categories. That is, the minimum HRA of central employees will be 10 percent. According to experts, the increase in HRA will be of great benefit to the central employees.

HRA slabs will change this

As per the recommendation of the 7th Pay Commission, the HRA slab was reduced to between 24 and 8 per cent instead of 30 per cent, 20 per cent and 10 per cent. The commission had said that the increase would be done in two phases. According to the report, in the next revision of house rent allowance, there will be an increase in HRA by 3 percent. HRA will be increased to 30 per cent from the existing 27 per cent. However, this will happen only if the hike in dearness allowance crosses 50 per cent. According to the Memorandum of DoPT, if DA crosses 50 per cent, then HRA will become 30 per cent, 20 per cent and 10 per cent.

Increase in DA will increase HRA

Significantly, in July last year, the government had increased the DA to 28 per cent. Since it exceeded 25 per cent, the HRA was also increased. Now according to the news coming in this regard, the central government is preparing to increase the DA by 34 percent. If this is officially approved by the government, then it will go beyond 50 per cent and the way will be cleared for increasing HRA for the second time. ,

Dearness Allowance will be 34 percent

These figures show that there has been an increase of 2 per cent in DA from 31 per cent in July till September. Right now the figures for the three months from October to December are going to come and experts say that there will be a further increase of one percent in this. That is, dearness allowance will reach 34 percent. With this increase, if we look at the calculation on the minimum basic salary, then the minimum basic salary of a central employee is Rs 18,000. This will increase to Rs.6120 per month after DA is 34 per cent; That is, it will increase by Rs 540 per month. If we look at the salary on an annual basis, then there will be an increase of Rs 6,480 in it. At the same time, there will be an increase of Rs 1707 in the maximum basic salary. Accordingly, the salary of these employees will increase by Rs 20,484 on an annual basis.

Expected increase in fitment factor

The beginning of the year 2022 is going to be very happy for the central employees. While the Dearness Allowance (DA), Dearness Relief (DR) they get is likely to increase, the House Rent Allowance (HRA) and Traveling Allowance may increase again on the New Year after the recent hike. If we look at the reports coming in this regard, then another benefit is going to be given to the employees. Actually, the government can also take a big decision on the fitment factor of central employees. The fitment factor plays an important role in the salary received by the employees. Due to this factor, the salary of central employees increases by more than two and a half times.

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