The government increases dearness allowance twice every year.The salary increases once. This year also both these works are to be done in July.
New Delhi. The month of July is very special for government employees every year. Employees wait for this month throughout the year, because the government gives double benefit to its employees every year in July. This time also, the employees of the central and state government are going to get this gift in the month of July. In this, decisions related to their salary are directly taken and they get the benefit of thousands of rupees. The special thing is that its benefit will be available to everyone from the lowest level employee to the top officer.
Actually, the government increases dearness allowance twice every year and increments salary once. This year also both these things are to be done in July. Dearness allowance was increased in January and it is to be increased again in July. In this way, in July you get the benefit of both dearness allowance and salary hike. Now we will tell you with an estimated figure how much you will benefit from dearness allowance and how much money will increase on salary hike.
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DA may increase by 4%
The government had increased dearness allowance by 4% in January. It is speculated that the government will increase dearness allowance by 4% in July as well. If this decision is taken, how much will be the benefit. Suppose your basic salary is 50 thousand rupees, then its dearness allowance will increase by 4% i.e. 2000 rupees. This means that in the salary of July, you will get an increase of 2000 rupees in the form of dearness allowance.
How much money will increase due to increment
On an average, 3% increment is done in the salary of government employees every year. If this figure is taken as the basis, then there can be another 3% increment in July. It depends on your basic salary. Suppose your basic salary is Rs 50,000, then it will increase by Rs 1,500 as a 3% increment. That means you will also get the benefit of Rs 1,500 as an increment in the July salary.
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How much will the total salary increase
In this way you have seen that in July, government employees get the benefit of both DA and salary hike. So an employee with a basic salary of Rs 50,000 will get a dearness allowance of Rs 2000 and an increment of Rs 1500. In this way, the total salary will increase by Rs 3,500. This is the reason why government employees wait so eagerly for the month of July.
Tags: Business news, Dearness Allowance, salary of the employee, Government Employee, salary hike
FIRST PUBLISHED : May 27, 2024, 16:13 IST