7th Pay Commission's latest news today: As about one lakh lakh employees of the Central Government are waiting for the announcement of their Dairy Allowance (DA) increase, the Central Government has decided to allow all the Pay Commission (Pay Maa CPC) beneficiaries at the Center. And the state government claims their new insurance policy lisi premium in the LTC scheme. The DA increase is directly related to the DRAC of the Central Government's lakh lakh retired pensioners, so they are also anxiously awaiting the announcement of the DA during the period January to June 2021. Here we list the net impact of Central Government employees on the salaries and pensions of retired Central Government employees.
Seventh Pay Commission Allowance: Simplification in LTC rules
Earlier, due to the COVID-19 epidemic, the central government announced a waiver in the Holiday Travel Exemption (LTC) scheme, which can claim income tax benefits to central government employees on expenses incurred between October 12, 2020 and March 31, 2021. And services that attract a GST rate of 12 percent or more rather than travel expenses.
New life insurance policy included in LTC scheme
The Central Government has also included life insurance in the LTC scheme among the services mentioned earlier in the DOPT's Office Fee Memorandum (OM).
Central government employees are expecting the D.A.
With the release of the All India Consumer Price Index (AICPI) data, AG Brotherhood's Prayagraj-based Harishankar Tiwari said there is no prospect of more than 4 per cent DA for central government employees as the number of AICPIs in December 2020 is 342. is equal to at.5. That is, in December 2020, AICP showed an increase of A (+ + 1) per cent DA for central government employees.
DA restored
From January 2021, D.A. Media DA may announce reinstatement while announcing the increase. If that happens, the existing 17 D.A. Will suddenly increase by 25% (17 + 4 + 4).
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7th CPC salary increase, pending
Once the reinstatement of DA is announced, there will be a sharp increase in the monthly salary of Central Government employees as their existing DA will increase by one per cent and their Travel Allowance (TA) will increase by the same percentage point. Will happen. Apart from this, due to the stability in the DA from July 2020, the employees of the Central Government also joined the DA. Expecting the rest of the latter. However, the central government has yet to make any such announcement in this regard.
DR benefit of 7th Pay Commission
About lakh pension Lakhs of Central Government pensioners benefit from DR. Is directly connected to. DA will also be reinstated in the monthly pension of retired Central Government employees.
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