7th Pay Commission: Salary, PF, gratuity to be increased by 1.5 crore central employees

-
7th Pay Commission: Big news for central employees, DA will increase in June! Know how much salary will increase

In the midst of the Corona epidemic crisis, the central government has given good news to millions of central employees of the country. The government has announced an increase in Variable Dearness Allowance (VDA) to employees.




7th Pay Commission Latest Updates: Central Government has given good news to millions of central employees of the country amid Corona epidemic crisis. The government has announced an increase in Variable Dearness Allowance (VDA) to employees. This announcement of the government will bring a smile on the face of about 1.5 crore central employees.

Variable inflation allowance increased
The Union Ministry of Labor and Employment has changed the variable dearness allowance for central employees. Now employees will get variable dearness allowance from Rs 105 to Rs 210 every month. Contract workers will also get the benefit of this. Apart from the salaries of the employees, their provident fund and gratuity will also be affected by this decision.

1.5 crore employees will get benefits
According to the notification issued by the Union Ministry of Labor and Employment, this increase in the salary of central employees will be applicable from April 1, 2021. This increase will also increase the minimum wage of central employees. The decision of the Union Ministry of Labor and Employment is expected to benefit about 1.5 crore employees working in the central government, railways, mining, oil fields, ports and other central government offices. According to the central government, the benefit of increase in variable dearness allowance will also be given to the contractual and casual employees / workers.

PF, gratuity will also increase
The variable dearness allowance is determined on the basis of the average Consumer Price Index for Industrial Workers (CPI-IW), which the Labor Bureau prepares. The average CPI-IW from July to December 2020 has been used for the new Variable Inflation Allowance (VDA) from the ministry. According to media reports, the increase in variable dearness allowance has the advantage of provident funds, gratuity and other benefits. But there will also be those who are directly connected to DA.



Comments

Post a Comment

Popular posts from this blog

Gold still cheaper today, there is great opportunity to earn in falling prices

-
Image
Experts say that in the next 6-12 months, gold can go up to 56500 or even above. There will be a rise in the price again, so this is a golden opportunity for investment. Seeds of continuous upward trend in US bond yields are showing pressure on the price of gold on the last day of the week. Gold is currently trading at the level of 46200. At 10.30 am, gold for April delivery fell by Rs 19 to trade at Rs 46222 per ten gram level. Similarly, June delivery gold was trading down by Rs 24 to trade at Rs 46371. In the international market, there is pressure on the price of gold. At this time, gold for April delivery was trading at $ 1,765.75 per ounce with a decline of $ 9.65 (-0.54%). Talking about silver, the silver for March delivery was trading at $ 27.28 per ounce with a drop of -0.35 (-1.27%) in the international market. There is 28.34 grams in one ounce. Silver for March delivery was currently trading at Rs. 7,722 per kg, down by Rs. 55722 per kg and Rs. 602 by May delivery on MCX....
Read more

Petrol Diesel Price: New rates of petrol diesel released, know your city prices

-
Image
Petrol Diesel Price: In February, the price of petrol diesel was increased by 16 days. In February, petrol in Delhi has become expensive by Rs 4.74 and diesel by Rs 4.52. New Delhi. There is a boom in the price of crude oil in the international market. Brent closed above $ 64 a barrel on Friday. Here the common man is relieved by the price of petrol diesel in the country. Oil in the domestic marketing companies (Oil marketing companies (OMCs) have not increased prices today continued the 21st day of petrol and diesel. The first arrived on 27 February, the price of petrol (Petrol Diesel Price) historical levels. Countries Petrol is Rs 91.17 per liter and diesel is Rs 81.47 per liter in the capital of Delhi. These prices are at an all-time high. The common man is currently relieved at the time of elections to the Legislative Assembly in 5 states of the country. February Petrol becomes expensive by Rs 5 In the month of February, the price of petrol diesel was increased for 16 da...
Read more

Gold Price 30 March, 2021: Gold prices fall by Rs 12927 in full, know there will be strong profit or loss on investment

-
Image
Gold prices have decreased by Rs 12,927 per 10 grams so far from the highest level of 7 August 2020. At the same time, silver has fallen by Rs 13,564 per kg (Silver Price). Experts say that according to the data of previous years, the price of gold is also going to increase in 2021. Let us know what will be the trend in gold prices this year and what will be the return on investment? New Delhi. Not only in India, in the midst of the economic challenges that arose in the Corona crisis, people all over the world relied heavily on investment in gold. As a result, gold prices reached a record level in August 2020 on the back of tremendous buying by investors. Gold delivered huge profits to investors during 2020. Gold prices reached the highest level of Rs 57,008 per 10 grams on 7 August 2020 in Delhi Sarafa Bazar. At the same time, silver prices also reached the highest level on this day. After this, as good news about the Corona vaccine came, the price of gold and silver started falli...
Read more