Will Central Government Employees Get Increment In July 2020?

by | Last updated on January 24, 2024

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For the uninitiated, DA was hiked by 4 per cent in January 2020, 3 per cent in July 2020 and again 4 per cent in January 2021. But owing to the pandemic, the government employees were getting DA at an older rate of 17 per cent as the Centre had decided to freeze their Dearness Allowance.

Is DA increase in July 2021?

With the latest hike which is effective from July 2021, the dearness allowance and dearness relief have been increased from 17% to 28% . However, in what could be another piece of good news, central government employees and pensioners could receive another 3% increase in DA and DR.

Do government employees get increment in July 2020?

Currently, the central employees get DA of 17%. Last year, the Union Cabinet had approved a 4% increase in DA for government employees and pensioners to 21% . ... Additional instalments of DA & DR from 1 July 2020 & 1 Jan 2021 shall also not be paid,” the Ministry of Finance had said in a memo.

Will there be increment in July 2020?

Central Government employees work under the guidance of the Central Government even in COVID pandemic. Central government departments and many ministries asked their employees to operate from home to maintain social distancing. There will be no incremental impact available in July .

Will the government give DA from July 2021?

Based on these data, it is expected that DA for July 2021 may increase by 3 per cent . It implies that 3 per cent more DA will be added to the Dearness Allowance set to increase from September. Currently, central government employees are getting DA at 17 per cent, which is all set to increase in September.

What is current DA rate?

As per the recent OM, the rate of DA admissible to above categories of employees of Central Government and Central Autonomous Bodies shall be enhanced from the existing 164% to 189% of the Basic Pay with effect from 01.07. 2021. The increase subsumes the additional instalments arising on 01.01. 2020, 01.07.

Is there any good news for central govt employees?

7th Pay Commission Latest News Today: To bring a great relief, the Centre had last month increased the dearness allowance of the Central government employees to 28 per cent . The hike was effective from July 1, 2021. Now the Central government employees are waiting for the DA hike for the month of June 2021.

Is DA declared from Jan 2020?

Last year, the Union Cabinet had approved a 4% increase in DA for government employees and pensioners to 21% . This was to be effective from January 1, 2020. However, in wake of the pandemic the disbursement of DA at increased rates was suspended along with DR for the pensioners.

How much salary will increase in July?

However, from July’s salary onwards, employees will receive 28 per cent of their basic salary as DA. This means that employees will get a hike equivalent to 11 per cent of their basic salary.

What is increment for central government employees?

The 7th Pay Commission’s new “Fitment factor” will stand at a 3% annual increment for all employees. The Pay Matrix is a Central Government employee’s status in the particular office and this matrix will henceforth be used instead of the earlier grade pay standard.

What will be expected DA from July 2021?

Central government employees’ DA for July 2021 is likely to be announced soon and there is an expected increase of 3% in DA yet again. According to AICPI data, DA is all set to be 31% payable .

What will be the new DA from July 2021?

Earlier last month, the Centre had raised the dearness allowance (DA) under the 7th Pay Commission for its millions of employees and pensioners to 28 per cent from 17 per cent, with effect from July 2021.

What is the rule of increment?

The Rule/Regulation further provides that an employee shall be entitled to only one annual increment either on 1st January or 1st July depending on the date of appointment, promotion or grant of financial upgradation.

What is DA in salary?

Dearness Allowance is a component of the salary that cushions against inflation and is revised twice a year — once in January and once in July. 3. The increase in the DA and DR will impose an annual burden of ₹34,401 crore on the exchequer, Anurag Thakur said.

What is the latest DA for central government?

However, new reports suggest that the DA will be hiked to a further 31 per cent . The DA which was previously at 17 per cent was hiked to 28 per cent and was set to take effect from July of 2021.

Is DA declared for central govt employees?

The central government today announced that the dearness allowance (DA) for central government employees has been hiked to 28% from 17% earlier. This DA hike has come after it was put on hold for more than a year-and-a-half due to the novel coronavirus pandemic.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.