FINANCE

7th Pay Commission: Dearness Allowance Hiked By 4% For Govt Employees Of This State

7th Pay Commission: With the latest hike, the dearness allowance has been enhanced from the existing rate of 38 per cent to 42 per cent of the basic pay, with effect from January 1, 2023.

Also ReadCredit Score Expert Suggests These 6 Habits To Secure Your Financial Future

7th Pay Commission Latest News Today: Bringing cheers to lakhs of government employees, the Haryana government on Thursday announced a 4 per cent hike in dearness allowance (DA) for the state government employees, who are drawing their pay as per the seventh pay commission structure.

DA Hiked to 42%

With the latest hike, the dearness allowance has been enhanced from the existing rate of 38 per cent to 42 per cent of the basic pay, with effect from January 1, 2023, the Finance Department of Haryana Government said on Thursday.

Read More:-Centre proposes new rules for Aadhaar authentication

The Haryana government said the enhanced DA will be paid with the payment of April and arrear for the months of January to March, 2023, shall be paid in the month of May.

DR Hiked For Retired Employees

In a separate order, the finance department said that the state government has also enhanced the dearness relief (DR) by 4 per cent which is payable to the state government pensioners and family pensioners drawing their pension/family pension as per the 7th pay commission structure.

Read More:-Looking to restructure salary and reduce your tax outgo? This expert has the best possible solution

The DR has been enhanced from the existing rate of 38 per cent to 42 per cent of the basic pension/family pension with effect from January 1, 2023, the order said.

Enhanced DR shall be paid with the pension/family pension of April 2023 and arrear for the months of January to March, 2023, shall be paid in the month of May, as per the order.

Read More:-Bank Holiday Eid 2023: Banks to Remain SHUT in These Cities on April 21, and April 22. FULL LIST

 Himachal Hikes DA by 3%

Earlier, the Himachal Pradesh government announced 3% hike in Dearness Allowance for the state government employees. This was announced by Chief Minister Sukhvinder Singh Sukhu on the occasion of the 76th Himachal Day. The pensioners and state government employees will now receive a 34 per cent DA, which was 31 per cent earlier.

2.15 Lakh Employees To Benefit In Himachal

The decision will benefit around 2.15 lakh employees and 1.90 lakh pensioners. It will also put an additional burden of about Rs 500 crore on the state’s exchequer, the state government said in statement.

Read More:-IndusInd Bank signs $100-million loan pact with JBIC

The development comes after the Centre recently increased the DA of central government employees and pensioners by 4% to 42% due from January 1, 2023. Notably, the government had long been demanding to increase the DA amid high inflation and shooting prices of food and fuel.

Source :
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top