NEWS in July 2024: The govt is about to raise the DA/dearness allowance of the central govt employees. The increased dearness allowance will be effective from July 2024. As we all know the central govt hikes the DA twice a year. For the year 2024, the first DA/dearness allowance hike was on 01 January 2024 and the next DA/dearness allowance hike will be on 01 July 2024. Let’s check how much the dearness allowance will be increased.
DA Hike NEWS for July 2024
As per the reports from the officials, our team has reached the judgment that the Hike in DA in July 2024 will be from 4% to 6%. Govt has kept in mind the high inflation to release this Hike ratio for DA.
| Frequency of DA Hike in a year | Two Times: 01 January and 01 July |
| Authority Name | Central Govt |
| Latest DA increase | 4% |
| Title | DA Hike News 2024 |
| Next DA increase date | 01 July 2024 |
| DA Conclusion | DA increase will be 50% |
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| Current DA Rate | 50% from January 2024 |
| Expected DA Rate | 53% from July 2024 |
DA Hike 2024 7th pay Commission July Update
We have prepared the below table showing, what will be salary when there is a 4% DA hike, check below.
| Basic Salary | Rs 18000 | Rs 20000 | Rs 23000 | Rs 25000 |
| 50 Percent DA Hike | Rs 9000 | Rs 10000 | Rs 11500 | Rs 12500 |
| New Basic After DA Hike | Rs 27000 | Rs 30000 | Rs 34500 | Rs 37500 |
| 4% DA | Rs 1080 | Rs 1200 | Rs 1380 | Rs 1500 |
| Total Increased Salary With Effect from 01 July 2024 | Rs 28080 | Rs 31200 | Rs 35880 | Rs 39000 |
| Increase in Basic Salary | Rs 9000 | Rs 10000 | Rs 11500 | Rs 12500 |
DA Hike News 2024 PDF
The last DA Hike was 50% and from the latest news from the DA Hike News 2024 PDF, the DA hike in July 2024 will also be 50%. The govt checks the numbers of the AICPI index to decide how much DA is going to be raised. The rise in DA in July 2024 will be 4%. The actual DA hike will be seen when the official statement is made by the govt. The employees from the central govt have to wait a little bit to see the percentage of the DA hike.
DA Hike News 2024 Latest News
The increase in DA will act as a relief to the central govt employees in times of high inflation. Labour Bureau considers the AICPI index while deciding the hike in DA and they release the percent of DA hike in the last of the month. They consider the last working day of the month for the announcement.
The formula used to calculate DA by the AICPI/All India Consumer Price Index is given below.
Average of 12 months AICPI= [115.76/115.76]×100
7th Pay DA Hike News 2024
The govt will be able to decide the 7th Pay DA Hike News 2024 when they have the exact number of CPI. We can give you the idea of a hike in DA as per the news from the central govt but the actual increase in DA will be seen when the central government officially declares the DA increase at the end of July 2024.
Expected DA From July 2024
As per the news from the expert who calculates inflation has informed that in July 2025, the DA will be increased by 4%. The overall increase in the DA will depend on the All India Consumer Price Index. The Central govt will announce the DA Hike on 31 July 2024.
This is very bad system to flater one section of people and other is getting deprived. This system should be abolished by the Govt .DA for all section of Govt and private should be increased immediately.Salary and pension for all should be equal otherwise it may create a class struggle .
I wholeheartedly support the content of the content of the comment made by Mr. Ajay Chakraborty Ex PSU Employee.
D.A.Arrears for the Tangetco pensioners for the period from 1/24 to 5/24 is not yet paid.