Great News for Central Government Employees and Pensioners!
DA from July 2024 is 53% (50% + 3%)
In October, the Union Cabinet Committee is expected to give the green light for an increase in the Dearness Allowance from 50% to 53%, set to take effect on July 1, 2024.
DA from July 2024 Calculation Table: Calculation Table for Dearness Allowance effective January 2024: The following table provides a detailed breakdown of the process for calculating Dearness Allowance from the 1st of January 2024. To obtain the accurate final percentage, it is essential to first compute the six months from July 2023 to December 2023 in full. Each subsequent calculation is dependent on the preceding result, making it necessary to proceed methodically through each step. Click Here
The initial column represents the updated index of AICPIN for Industrial Workers (IW) based on the year 2016, which must be adjusted to correspond with the year 2001, as indicated in the second column. The third cell displays the cumulative total of the previous 12 months’ AICPIN values, which are then averaged by dividing the sum by 12. The subsequent steps involve determining the increase relative to the base factor of 261.42 and further dividing this figure by 261.42. The final result, rounded to whole numbers without decimal points, represents the finalized Dearness Allowance percentage.
Jan 2024 DA Calculation Table
| M/Y | (i) | (ii) | (iii) | (iv) | (v) | (vi) |
| Jan-24 | 138.9 | 400 | 4728 | 394.03 | 0.51 | 50.73 |
| Feb-24 | 139.2 | 401 | 4747 | 395.59 | 0.51 | 51.32 |
| Mar-24 | 138.9 | 400 | 4763 | 396.94 | 0.52 | 51.84 |
| Apr-24 | 139.4 | 401 | 4778 | 398.18 | 0.52 | 52.32 |
| May-24 | 139.9 | 403 | 4793 | 399.43 | 0.53 | 52.79 |
| Jun-24 | 141.4 | 407 | 4816 | 399.99 | 0.53 | 53.37 |
| M/Y | Month & Year |
| (i) | AICPIN-IW BY 2016 |
| (ii) | AICPIN-IW BY 2001 |
| (iii) | Total of 12 Months |
| (iv) | Average of 12 Months |
| (v) | Increase over 261.42 |
| (vi) | % Increase over 261.42 |
What will be the rise in Dearness Allowance (DA) for government employees starting July 2024?
Exciting news awaits central government employees, pensioners, and family pensioners, including those in the Railways and Armed Forces: a 3% increase in DA based on basic pay will take effect from July 1, 2024! This isn’t merely speculation; it’s based on the calculations outlined by the 7th pay commission. So, how much will an employee’s salary grow from July 1, 2024? Let’s explore this with an example.
| Basic Salary | 50% | 53% | DA Hike |
| Rs.18000 | 9000 | 9540 | 540 |
| Rs.19900 | 9,950 | 10547 | 597 |
| Rs.21700 | 10,850 | 11501 | 651 |
| Rs.25500 | 12,750 | 13515 | 765 |
| Rs.29200 | 14,600 | 15476 | 876 |
| Rs.35400 | 17,700 | 18762 | 1062 |
| Rs.44900 | 22,450 | 23797 | 1347 |
| Rs.47600 | 23,800 | 25228 | 1428 |
| Rs.53100 | 26,550 | 28143 | 1593 |
| Rs.56100 | 28050 | 29733 | 1683 |
| Rs.67700 | 33850 | 35881 | 2031 |
| Rs.78800 | 39400 | 41764 | 2364 |
| Rs.123100 | 61550 | 65243 | 3693 |
| Rs.131100 | 65550 | 69483 | 3933 |
| Rs.144200 | 72100 | 76426 | 4326 |