7th Pay Commission: Know latest update on DA, LTA, salary and gratuity for Central government employees

With the Budget 2021 just around the corner, expectations are that there would be some kind of announcement by the government regarding the 7the Pay Commission. The greatest expectations would be for a salary hike and then for restoration of dearness allowance.

1. Current DA

The central government employees are currently getting 17 per cent DA.

2. DA Jump

If the Centre decides to restore 4 per cent DA for July to December 2020 and add another 4 per cent DA for January-June 2021, then the net DA of the central government employees would jump to 25 per cent.

3. Salary hike

If the Centre decides to increase DA by 8 per cent it means that the monthly salary of the central government employees will increase considerably.
4. LTC allowance

The Centre has decided to give one time reimbursement/rescheduling charges paid by those employees who were made to pay cancellation charges for air/train tickets meant for their Leave Travel Concession (LTC) due to coronavirus outbreak…Read more>>

Source:-dnaindia

Share: