General

How DA is calculated in 7th Pay Commission?

How DA is calculated in 7th Pay Commission?

The current rate of Dearness allowance multiply with your basic salary is Dearness allowance. For example, the existing rate of percentage is 12\%, if your basic salary is Rs. 49000. The DA is (49000 x 12) /100.

How many DA are there in 7th Pay Commission?

The DA was increased from 17\% to 28\%, with effect from July 2021. Now, according to the latest reports, the DA is likely to increase again and this time to 31\% percent from the existing 28\%.

How DA is calculated on basic pay?

Presently, it stands at 50\% of the basic salary. This has been a result of the constant enhancement in the DA ever year to offset the adverse effects of inflation. As per the rules, it is a practice to merge the DA with basic salary when it crosses the level of 50\%.

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What is DA in gratuity calculation?

This enhanced Dearness Allowance (DA) will be applicable for gratuity calculation and leave encashment only. ( Reuters) 2 min read .

How is DA calculated?

The formulae for calculating dearness allowance are as under: For central government employees: DA\% = ((Average of AICPI (Base Year 2001=100) for the past 12 months -115.76)/115.76)100 For central public sector employees: DA\% = ((Average of AICPI (Base Year 2001=100) for the past 3 months -126.33)/126.33)100 Here.

How is DA allowance calculated?

Is HRA included in Dearness Allowance?

Dearness allowance is calculated as a specific percentage of the basic salary which is then added to the basic salary along with other components like HRA (House Rent Allowance) to make up the total salary of an employee of the government sector.

What is the percentage of HRA in 7th Pay Commission?

According to the government’s order, the HRA is divided into three categories according to the cities – X, Y and Z. After revision, HRA for X category cities will be 27\% of basic pay, similarly HRA for Y category cities will be 18\% of basic pay while for Z category cities it will be 9\% of basic pay.

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Is Da added to pension?

“In view of the unprecedented situation which arose due to the Covid-19 pandemic, three additional installments of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners, which were due from 01.01. 2020, 01.07. 2020 to 30.06. 2021 shall remain at 17\%,” he added.