7th Pay Commission: Salary For Govt Employees To Increase Again, Centre To Decide On Fitment Factor This Month – Know Details
7th Pay Commission Latest News Today: After recent DA hike, salary for the Central government employee is likely to increase again. As per latest reports, the Centre might decide on fitment factor this month. The development comes as the revision of fitment factor has been the long-pending demand of lakhs of employees across the country. For many months now, the central government employees have been demanding a raise in the fitment factor from 2.57 times to 3.68 times
7th Pay Commission: Here is the calculation after increase in fitment factor
As per reports in the media, the government can take a decision the fitment factor hike after next year’s Union Budget. If the government increases the fitment factor 3 times, then the salary of the employees excluding allowances will be 18,000 X 2.57 = Rs 46,260. At the same time, if the demands of the employees are accepted, then the salary will be 26000 X 3.68 = Rs 95,680. If the government accepts 3 times fitment factor, then the salary will be 21000 X 3 = Rs 63,000.
7th pay commission: DA Hiked by 4% For Employees & Pensioners, Arrears To Be Paid Cash In 2 Instalments
The government employees and pensioners will get Dearness Allowance at a hiked rate of 38 percent, with an increase of four percent to the existing rate, with effect from 1 July this year.
According to an order issued by the Secretary Finance Department, a copy of which lies below, the government employees working in regular pay levels under 7th Pay Commission recommendations, will be paid Dearness Allowance at a revised rate of 38 percent of Basic Pay from the existing 34 percent of Basic Pay. Revised rate will be effective from July 1, 2022, it added.
“The term ‘Basic Pay’ in the revised pay structure means the pay drawn in the prescribed level in the pay matrix as per 7th Pay Commission recommendations, but does not include any other type of pay like special pay etc,” the order reads.
It further said that the arrears on account of additional installment of DA with effect from July, 2022 shall be paid in cash in two equal installments (one in the month of November, 2022 and other in the month of December, 2022) and shall form part of salary from November onwards.
Regarding pensioners, a separate order of similar nature reads that the arrears on account of additional installment of DA with effect from July shall be paid in cash to Government Pensioners/Family pensioners in two equal installments (one in November and other in December) and shall form part of pension /family pension from November onwards.
“Other provisions governing the grant of Dearness Allowance on pension/family pension such as the regulations of Dearness Allowance during employment Ire-employment, where more than one pension is drawn etc. and other provisions of the existing rules/orders(as are not in conflict with provisions of this order), shall continue to remain in force.” (GNS)
CLICK HERE TO: DOWNLOAD OUR MOBILE APPLICATION FOR LATEST UPDATES ON YOUR MOBILE PHONE
Kashmir News is now on Telegram. Click here to join our channel(@thekashmirnews) and stay updated with the latest news on Telegram
CLICK ON THE BELOW PROVIDED LINKS TO FOLLOW KASHMIR NEWS ON:
OUR APPLICATION IS ALSO LIVE ON GOOGLE PLAY STORE, DOWNLOAD OUR MOBILE APPLICATION AND GET LATEST UPDATES ON YOUR MOBILE SCREEN