A very big news is coming out for all the central employees of the country. According to this, in the coming month of July 2024, there is going to be a high jump in the dearness allowance (DA) of the central employees. As you know, the dearness allowance is increased twice a year by the central government. The first dearness allowance was implemented on January 1, 2024, and now this second dearness allowance will be implemented on July 1, 2024, according to DA Hike News 2024. Let us tell you that the government increased the DA by four percent in January; in this way, it has now increased to 50 percent. It remains to be seen how much it jumps in the coming month of July.
DA Hike News 2024
If we believe the official sources and reliable people, then it comes to the information that this year the dearness allowance can be increased by four to five percent by the government in view of inflation. If there is a 4 to 5 percent increase in DA on July 1, 2024, then it will increase by about 50 percent to 55 percent.
According to DA Hike News 2024, this increase in dearness allowance will happen in July 2024. However, it may take time until September to be implemented. We are saying this because if we take up the record of previous years, then the government has increased DA until September.
7th Pay Commission 2024 Overview
| Article Title | DA Hike News 2024 |
| Authority | Central Government |
| Category | Increase of dearness allowance |
| Frequency of DA Hike in a year | 2 times
First 1st January Second hike on 1 July |
| Latest DA increase | 4 percent
now total DA 50 percent |
| Next DA increase date | 01 July 2024 |
| DA conclusion | It will either be increased beyond 50 per cent, or it will be started again from zero i.e. 50% DA will be added to the basic and DA will be decided on it. |
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DA Hike 2024
| Current basic | 18000 | 20000 | 23000 | 25000 |
| 50 Percent DA | 9000 | 10000 | 11500 | 12500 |
| New Basic After Merger | 27000 | 30000 | 34500 | 37500 |
| 4 percent DA | 1080 | 1200 | 1380 | 1500 |
| Total wef 01 01 25 | 28080 | 31200 | 35880 | 39000 |
| Increase in Basic | 9000 | 10000 | 11500 | 12500 |
DA Hike News 2024 PDF
At present, the dearness allowance of central employees is up to 50 percent because four months ago, at the beginning of this year, it was increased by four percent to 50 percent. According to the information received from the DA Hike News 2024 PDF, the next update will be applicable in July 2024. But here we would like to tell you under DA Hike News 2024 that the numbers of the AICPI index determine how much the dearness allowance of central employees can increase this year.
According to the information in the DA Hike News 2024 PDF, now you have to wait until July 31, 2024, because the number coming on July 31, 2024 will decide how much the dearness allowance will increase.
DA Hike News 2024 Latest News
We have just made it clear to you that the factor according to which the dearness allowance, which provides relief from inflation for central employees, increases is called the AICPI index. That is, this AICPI index decides how much relief the central employees are going to get in dearness allowance.
Under DA Hike News 2024 Latest News, let us make it clear to you that it is released by the Labour Bureau on the last working day of every month; that is, the January figure is presented in February. The formula fixed by AICPI to determine dearness allowance is as follows: Average of 12 months All India Consumer Price Index (AICPI): 115.76)/115.76]×100.
DA Hike News 2024 Latest News Today
The number of AICPI is released on the last working day of every month so that CPI can be calculated for industrial workers. Under DA Hike News 2024 Latest News Today, the CPI number for January was released on February 29; in this sequence, the CPI number for February was released on March 28. And the CPI number for March was released on April 28.
After this, the CPI number for April will be released on May 31. And on June 28, the CPI number for the month of May will be released under DA Hike News 2024. Under DA Hike News 2024 Latest News Today, the CPI number for the month of June will be released in the month of July, i.e., on July 31. In this way, these numbers are the factors that decide whether the dearness allowance should be increased for the next six months.
7th Pay DA Hike News 2024
Experts believe that it is not yet clear whether the dearness allowance will be zeroed or not. The picture regarding 7th Pay DA Hike News 2024 will be clear when the final CPI number is released in July. This number will tell whether the dearness allowance will be zeroed again or if this calculation will continue beyond 50.
Whatever the case, the significance of this depends on the discretion of the government as to where and how the dearness allowance will be calculated. You will get all the information regarding DA Hike News 2024 through the official website of the Central Government.
Expected DA From July 2024
Experts who calculate inflation claim that the expected DA from July 2024 will be 4%. Although the figures for July 2024 have not been released by AICPI, i.e., the All India Consumer Price Index IW, yet, But the way inflation is increasing, the government can increase the dearness allowance by up to 4%, although according to DA Hike News 2024, this final number of the index will come by July 31, and only then will it be finally known how much increase has been made in the dearness allowance of the second semester of this year.
7th Pay Commission DA News Today
The big news is coming out for central employees, according to which the dearness allowance, which has reached 50 percent, will be carried forward or it will be started again from zero. In this way, this increased 50 percent dearness allowance will be merged into the basic as per 7th Pay Commission DA News Today. Experts say that the dearness allowance will be made zero in July 2024.
According to DA Hike News 2024, if the dearness allowance is not received as it is now, then from July 2024, 50% DA will be added to the basic, and you will get a new basic, and a new DA will be received on this new basis.
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