7th Pay Commission: Announcement of Increase in HRA along with DA

There is big news for the central employees, the government can soon announce a big increment in their salary. There is a potential that, in addition to the dearness allowance, the employees' housing allowance will be enhanced. According to a study, this will help more than 30 lakh central employees.

HR can increase up to 3%

According to the report released in this regard, at present, central employees get HRA at the rate of 9%, 18% and 27% according to their categories. It is expected that the HRA can be increased by up to 3%. Thereafter, the HRA rates will be 10%, 20% and 30%, depending on the categories. That is, the minimum HRA of central employees will be 10%. According to experts, the increase in HRA will be of great benefit to the central employees.

HRA slabs will be reduced

As per the recommendation of the 7th Pay Commission, the HRA slab was reduced to between 24 and 8% instead of 30%, 20% and 10%. The commission had said that the increase would be done in two phases. According to the report, in the next revision of house rent allowance, there will be an increase in HRA by 3%. HRA will be increased to 30% from the existing 27%. However, this will happen only if the hike in dearness allowance crosses 50%. According to the Memorandum of DoPT, if DA crosses 50%, then HRA will become 30%, 20% and 10%.

An expected increase in fitment factor

The central employees will have a very happy beginning to the year 2022. While their Dearness Allowance (DA) and Dearness Relief (DR) are set to rise, their House Rent Allowance (HRA) and Traveling Allowance may also rise in the New Year, after the previous increases. If we look at the reports in this respect, we can see that the employees will be provided with another perk. The government can also make major decisions on central employees' fitment. The fitting factor has a significant impact on the wage that employees earn. The remuneration of central staff increases by more than two and a half times as a result of this factor.

An increase in DA will increase HRA

Significantly, in July last year, the government had increased the DA to 28%. Since it exceeded 25%, the HRA was also increased. Now according to the news coming in this regard, the central government is preparing to increase the DA by 34%. If this is officially approved by the government, then it will go beyond 50% and the way will be cleared for increasing HRA for the second time. ,

Dearness Allowance will be 34%

These figures show that there has been an increase of 2% in DA from 31% in July till September. Right now the figures for the three months from October to December are going to come and experts say that there will be a further increase of 1% in this. That is, dearness allowance will reach 34%. If we look at the minimum basic pay computation with this increase, a government employee's minimum basic compensation is Rs 18,000. After DA of 34%, this will rise to Rs.6120 per month, an increase of Rs 540 per month. When we look at the wage on an annual basis, we can see that it has increased by Rs 6,480. At the same time, the maximum basic wage would be increased by Rs 1707. As a result, these employees' salaries would increase by Rs 20,484 on an annual basis.

An expected increase in fitment factor

The central employees will have a very happy beginning to the year 2022. While their Dearness Allowance (DA) and Dearness Relief (DR) are set to rise, their House Rent Allowance (HRA) and Traveling Allowance may also rise in the New Year, after the previous increases. If we look at the reports in this respect, we can see that the employees will be provided with another perk. The government can also make major decisions on central employees' fitment. The fitting factor has a significant impact on the wage that employees earn. The remuneration of central staff increases by more than two and a half times as a result of this factor.

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