How Much More Will Employees Gain desfaso How much additional pay will employees gain each month? For an employee earning Rs 30,000 a month with an 18k basic salary they would currently receive 50 percent of this as Daily Allowance or DA (50 percent of their basic pay), which was increased by 3 percent in September 2014 to Rs 9,540; an extra Rs 540 will be earned due to this 3% hike; it may increase further for higher salary employees.
How is Dearness Allowance (DA) calculated? Dearness Allowance is calculated based on the All India Consumer Price Index, which measures cost-of-living expenses in India. DA percentage calculations reflect any increase in AICPI over a twelve month period ending each June; reviews occur every six months but changes to your allowance might only become effective several months after they take effect.
Calculating Domestic Adjustments is simple with this formula:
Dearness Percentage = (115.76/(Average All-India Consumer Price Index, Base Year 2001 =100) for the last 12 months) multiplied by 100. For central public sector employees this formula differs slightly.
Dearness Percentage = (126.33/(Average All-India Consumer Price Index, Base Year 2001=100), for the past 3 months) x 100.
In March 2024, the government raised the DA to 50% - an increase of 4% that kept pace with inflation while maintaining employees and pensioners living standards unaffected by rising costs of essential goods and services. With an additional increase of 3% taking total DA up to 53% this will allow employees to maintain their standard of life.
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