Sign in

7th pay Commission: When will central government employees get arrears of 2 months with salaries

7th pay Commission: The government sanctioned a 4 per cent rise in DA for central employees which will be effective from January 2024.

Updated on: Mar 27, 2024, 10:19:10 IST
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

Central government employees may receive their increased salaries for the month on March 30, as per a Jagran report. This comes as the Reserve Bank of India (RBI) asked banks to work on March 31, despite it being a Sunday, as it is the last day of the financial year. Dearness allowance (DA) for employees and pensioners is calculated based on latest Consumer Price Index for Industrial Workers (CPI-IW) which brought out by the Labour Bureau every month.

7th pay Commission: The government sanctioned a 4 percent rise in DA for central employees. (Reuters file)
7th pay Commission: The government sanctioned a 4 percent rise in DA for central employees. (Reuters file)

DA arrears: What you need to know?

Read more: Shark Tank India 3| Anupam Mittal loses his cool after this pitch: ‘Dramebaazi ka bahut shauq hai’

The government sanctioned a 4 percent rise in DA for central employees which will be effective from January 2024 owing to which the allowance has from 46 percent to 50 percent. This means that Central government employees are entitled to arrears for January and February.

What about HRA?

Read more: Tata Investment hits 5% lower circuit; over 20,000 crore market capitalisation wiped in 10 days. What should you do?

There is also a corresponding increase in House Rent Allowance (HRA) along with DA and depending on the city's categorisation, employees will receive up to 30 percent HRA. Other special allowances for Central government employees like childcare allowance, child education allowance, hostel subsidy, travel allowance on transfer, dress allowance, gratuity ceiling, and mileage allowance could also rise but employees must claim these allowances accordingly.

When was the last hike in DA?

Read more: IndiGo share price hits 52-week high. Will it rise more? Should you buy or not?

In October 2023, DA for government employees and Dearness Relief (DR) for pensioners was hiked by four per cent which resulted in DA being 46 per cent. The decision benefitted 48.67 lakh central government employees and 67.95 lakh pensioners, the government said.

  • HT News Desk
    ABOUT THE AUTHOR
    HT News Desk

    Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More