Let's have fun.. Mega gift waiting for government employees from July 1..

Let's have fun.. Mega gift waiting for government employees from July 1..

Employees' Depreciation Rate (DA) is going to increase once again in July 2024. The central government hikes the subsidy twice a year.

The government raised the subsidy by 4 per cent in january, which has since been increased to 50 per cent. Considering inflation, the government is expected to increase the inflation rate by 4 to 5 percent. If the government hikes the gratuity by 5 percent, the gratuity of employees will increase to 55 percent on July 1. central government employees are currently given 50 percent Dearness Allowance (DA). It will be applicable from january 2024 onwards. The next increase in subsidy will be implemented from July 2024.

However, it could be september by the time it is approved. Going by the record of previous years, the government may announce a hike in the subsidy by September. However, it will be implemented from July. The government has approved a 4 per cent hike in the subsidy from january 1, 2024. Now these 6 steps of government employees will be increased soon. As per an office memorandum dated april 2, 2024, the Department of Personnel and Training (DoPT) has issued instructions for disbursal of allowances to central government employees.

Following its 2016 assessment and recommendations, the 7th Pay Commission reviewed the benefits offered to the Central Govt. government employees including railway employees, civil defense employees and security employees. These are applicable to central government employees.

According to the price

House rent allowance

Transportation Allowance

Children's education Scholarship

Travel allowance during tour

Representative Payment

Fixed medical allowance for pensioners

High Merit Allowance

Leave travel money

Leave the remittance

Non-practicing Allowance

House Rent Allowance (HRA)

When DA reaches 50%, the government has revised the HRA rates to 30%, 20% and 10% of basic salary in X, Y and Z cities respectively. house rent allowance given to employees depends on the type of city. They live in it. HRA for X, Y and Z category cities was 27%, 18% and 9% respectively. It has been increased to 30%, 20% and 10%.

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