DA Hike Order: For Madhya Pradesh’s government workers, there is good news. The Mohan government has now announced an increase in dearness allowance, giving the 6th Pay Commission employees a gift after the 7th Pay Commission. The DA Hike Order 2024 states that the dearness allowance will be increased in November’s salary.
Employee will get increased salaries from 620 to 7,000 after increment in the dearness allowance. Let us know that the state’s employee organizations have been calling for this for a long time, and the union has thanked the government for issuing this DA Hike Order.
DA Hike Order– DA Raised by 4% for one lakh Workers
The government raised the DA for workers on the 7th pay scale by 4%. The DA for 40,000 workers receiving the 6th pay scale has also been raised in this sequence. Beginning on January 1, 2024, the DA for roughly one lakh workers in the corporation and board who receive the 4th and 5th pay scales has also increased.
Employees receiving the 5th pay scale now have a DA of 30.2%, up 11% from 29.1%. Employees receiving the fourth pay scale now have a DA of 13.85%, a 40% increase, at the same time.
DA Effective from January 1, 2024
The order states that the rate of the increased dearness allowance (DA) will take effect on January 1, 2024, and those officers and employees will get the increased benefit from the month of November 2024.
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Know DA Calculation Procedure
The All India Consumer Price Index (AICPI), which monitors retail prices, is the basis for calculating DA. Depending on whether an employee resides in an urban, semi-urban, or rural area, their DA percentage may change. For instance, a particular formula based on the AICPI index is used to determine the DA for central government employees.
Taxation of DA
Employees are required to include DA on their income tax returns since it is taxable. DA is taxed under the Income Tax Act’s “Income from Salary” section and is added to the base pay for salaried individuals. Additionally, DA is taken into account when determining retirement benefits like pensions and provident fund contributions.
DA for government workers is a set percentage of base pay that is updated twice a year to account for inflation. Like other allowances, it is still subject to full taxation. It affects the tax calculations for retirement benefits if they are included.
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Other state’s DA hikes
Recently, DA hikes have also been announced in a number of states. For example, Chhattisgarh announced a 4% raise that would take effect on October 1 and raise the DA for state employees to 50% of their base pay. According to Chief Minister Vishnu DeoSai, this move will help almost 3.9 lakh workers.
In September 2024, Rajasthan raised the DA by 4%, bringing the total up to 46% from July 1. In September, Himachal Pradesh also announced a 4% increase that would help both state employees and pensioners. The increase went into effect in both states on July 1, 2024. The DA increases occur as the nation’s household budgets continue to be challenged by inflation.
