7th Pay Commission: If so, this news might put a smile on your face because it is recommending this wonderful budget and will help about 50 lakh-serving employees and pensioners across the country. Departmental smells say that after this budget, there is a very first you can take another 3 percent increased dear allowance for employees and pensioners.
Already, ONDE has increased 3 percent increase in DA of central employees on Diwali this year. If it comes true, then there is all optimism about pretty good increments in government salary pay. Let us know how the DA is calculated.
DA Calculation
In fact, the DA is based on AICPI for the majority of the time. This time the DA will be determined by the AICPI index data from July to December 2024. Based on the last year’s data, it is being told that the DA hike to be held in January can be around 3 percent. Because at that time AICPI was at 144.5.
However, the data of November and December is yet to come. If this figure remains around 145 in both these months, then only DA will increase to 56 percent in January 2025. Let us tell you that currently central employees are getting 53 percent DA.
DA is calculated bi-annually
Let us tell you that under the 7th Pay Commission, the DA is calculated twice a year, thus: for the first time, it is calculated in January, and for the second time, it is calculated in July. This calculation is based on the average of the AICPI index.
This time the AICPI data from July to December 2024 shall determine the increase in DA for January 2025. Since the country’s general budget is presented in February, such an increase will be announced for March because, by April, the new DA is credited in the salary.
