Central government Employees latest News update 2022
Seventh Pay Committee: Great News for Central Employees! With this month's salary, you will be owed Rs 38,692
Dear Allowance Hike: Important news for Central staff. The 12-month index average for Dear Allowance is 351.33. On this average index, there is a dearness allowance of 34.04%.
New Delhi: DA arrears update: Holi festival means big deal for central staff. This is very good news for central government employees and pensioners. After a long wait, the kinship allowance has been increased by 3%. That said, employees and pensioners will now receive Dearness Allowance (DA Hike) at a rate of 34 per cent. The December 2021 Industrial Workers Consumer Price Index (AICPI) index fell by one point. Let us tell you that the 12-month dearness allowance index average is 351.33, with an average of 34.04% (darling allowance). However, dear allowances are always given in whole numbers. That said, from January 2022, the total expensive allowance is set at 34%.
know when it will be announced
At present, employees have received 31% of the family allowance. But let us tell you that from January 2022, you will get an extra 3%. According to the recommendation of the Seventh Wage Commission, the Darling Allowance is only paid on the base salary. It is expected to be announced in March. In fact, the code of conduct is enforced due to elections, so the government does not publish it.
Dec AICPI-IW Decline
Notably, the government's decision will benefit more than 5 million central employees and 6.5 million pensioners. After this, now the next dear allowance will be calculated in July 2022. December 2021 AICPI-IW (All India Consumer Price Index for Industrial Workers) data released. By that number, it fell 0.3 points to 125.4 points in December. In November, the figure was 125.7 points. It fell 0.24% in December. However, this did not affect the increase in family allowances. According to the AICPI IW of the Department of Labor, the decision will be to increase the expensive allowance by 3% this time.
Increase in November
The AICPI-IW index rose 0.8% to 125.7 in November 2021, according to the Labor Department. It is clear from this that the Dear Allowance will increase by 3%. Now, DA will grow at a 3% rate through January 2022, although the December 2021 figure is down slightly. The DA for government employees is currently 31%. Now after a 3% increase, it will be 34%.
DA Calculator for July 2021
Monthly Mark DA Percentage
July 2021 353 31.81%
August 2021 354 32 33%
September 2021 355 32.81%
November 2021 362.016 33%
December 2021 361.152 34%
DA Marking Calculation
Calculate July - 122.8×2.88 = 353.664
August Total - 123×2.88 = 354.24
Calculate September - 123.3×2.88 = 355.104
Calculation for Nov - 125.7 ×2.88 = 362.016
Calculation for Dec - 125.4 = 361.152
Calculated at 34% DA
With a 3% fee allowance added, the total DA will be 34%. Now with a base salary of Rs 18,000, the total annual dearness allowance will be Rs 73,440. But talking about the difference, the annual salary increase will be Rs 6,480.
Calculation of Minimum Basic Wage
1. Employee basic salary 18,000 rupees
2. New Darling Allowance (34%) Rs.6120/month
3. Darling allowance so far (31%) Rs.5580/month
4. How much has the expense allowance increased 6120-5580 = 540 rupees/month
5. Annual salary increase of 540X12 = Rs 6,480
Calculate maximum base salary
1. Employee base salary of Rs 56,900
2. New Darling Allowance (34%) 19346 rupees/month
3. Darling allowance so far (31%) 17639 rupees/month
4. 19346-17639 = 1,707 rupees/month how much increased expense allowance
5. Annual salary increase of 1,707 X12 = Rs 20,484.