Employees will get Triple Bonanza! Salary will increase in a jiffy, know

Click Here To Join Our WhatsApp Group!

The next month can bring many good news for the central employees. This year, the salaries of employees are expected to increase in three directions. The government is preparing to give 3 big gifts (7th Pay Commission). The first gift is about Dearness Allowance (DA) of employees, as it is expected to increase by 5 to 6 per cent once again. The second gift is about DA dues. It is expected that a decision can be taken on the ongoing talks with the government regarding the matter. At the same time, the third gift is related to Provident Fund (PF), under which interest money can come in the PF account this month.

So the costly allowance will increase: Actually, the hike in DA depends on the data of AICPI. There has been a jump in the AICPI index in March, April and May 2022, after which it is certain that the government can increase the dearness allowance (DA) not by 3 per cent but by 5 to 6 per cent. If approved, employee DA will increase from 34 per cent to 39 or 40 per cent. If this happens, then the salary of central employees may increase by more than Rs 27,0.

Decision on negotiations on DA arrears: It is worth noting that now the matter of pending dues (DR) for 18 months has reached Prime Minister Narendra Modi, who can take a decision as soon as possible. Meanwhile, there are high hopes from the central government that the central employees will get their dearness allowance soon. The Finance Ministry had in May 2020 postponed the DA hike till June 30, 2021, due to the COVID-19 pandemic.

Interest money will also be available on PF: The good news of interest can be found in the accounts of more than seven crore account holders of Employees’ Provident Fund Organization (EPFO). It is worth noting that the interest money can soon be transferred to the bank accounts of the PF account holders because the calculation of PF has been done according to the information received so far. It is being told that this time the interest of PF will be available in the account at the rate of 8.1%.

Click Here To Join Our WhatsApp Group!

For Breaking News and Live News Updates, like us on Facebook or follow us on Twitter and Instagram. Subscribe us on Telegram and never miss a update!

Leave a Reply

Your email address will not be published.

Back to top button
error: Content is protected !!

Adblock Detected

Please disable your adblocker!