Expected DA July 2024 Calculator for Central Government Employees
Expected DA July 2024 Calculator Online: Are you in need of information on the Expected DA from July 2024 Calculator for Central Government Employees?
The Dearness Allowance (DA) for these employees is determined by the monthly average of the All India Consumer Price Index for Industrial Workers (AICPIN) published by the Labour Bureau. The current calculation is based on the Consumer Price Index with the base year of 2016 (CPI-IW BY 2016=100), and new statistical data is released monthly which follows the same pattern for DA calculation. The final calculation for June and December will be made at the end of those particular months. As an example, the final calculation for June 2024 will approximate the DA from July 1, 2024.
Big News for Central Government Employees: Based on the present circumstances, it is expected that the Dearness Allowance will reach a new mark of 54% starting from July 2024.
Inside Topics
Expected DA From July 2024 Calculator
| Topic | Expected DA |
| Beneficiaries | CG Employees & Pensioners |
| Current DA Rate | 46% |
| Upcoming DA Rate | 50% |
| Expected DA Rate | 54% |
| DA Calculator | DA for July 2024 |
| Formula | As per 7th CPC |
| Key Element | AICPIN |
| Fitment Factor | 261.42 |
AICPIN DA Chart July 2024
The table containing the AICPIN data from July to December 2023 has been presented along with the prescribed calculation methodology for Dearness Allowance as per the 7th pay commission.
| Month/Year | AICPIN | DA% |
| January 2024 | 138.9 | 50.85% |
| February 2024 | 000.0 | 00.00% |
| March 2024 | 000.0 | 00.00% |
| April 2024 | 000.0 | 00.00% |
| May 2024 | 000.0 | 00.00% |
| June 2024 | 000.0 | 00.00% |
50% DA January 2024 Cabinet Approval
The Union Cabinet Committee is set to approve a 50% increase in Dearness Allowance for Central Government employees, pensioners, and family pensioners in January 2024. The announcement regarding this significant hike is anticipated to be made promptly due to the upcoming general election in India. This development is perceived as a substantial benefit for employees of the central government, Armed Forces Personnel, as well as Railway and Postal employees and their families.
Check: Expected IDA From April 2024 Calculator
Next Episode of July 2024 DA Starts!
The upcoming episode of the July 2024 Dearness Allowance (DA) installment has commenced. Following the computation of DA and Dearness Relief (DR) for Central Government employees and retirees effective from January 1, 2024, the disbursement of DA for July 2024 is now in progress.
DA Rates Table Chart 2024
The 2024 Dearness Allowance (DA) Rates Table Chart outlines the allowance provided to Central Government Employees starting from January 1, 2016. This allowance is disbursed to employees and pensioners under the Central Government in India following the recommendations of the 7th Pay Commission. The DA is recalculated on a monthly basis based on the All India Consumer Price Index (AICPI) trends and is updated biannually. Central Government employees, pensioners, and family pensioners receive the DA revision in the months of January and July each year, aligning with the increases granted to Armed Forces Personnel, Ex-Servicemen, and pensioners during the same periods. The table below indicates the semiannual increments in DA rates starting from 2016.
| DA Period | DA Rates |
| July 2023 | 46% |
| January 2023 | 42% |
| July 2022 | 38% |
| January 2022 | 34% |
| July 2021 | 31% |
| July 2021 | 28% |
| January 2021 | 17% (28%) |
| July 2020 | 17% (24%) |
| January 2020 | 17% (21%) |
| July 2019 | 17% |
| January 2019 | 12% |
| July 2018 | 9% |
| January 2018 | 7% |
| July 2017 | 5% |
| January 2017 | 4% |
| July 2016 | 2% |
| January 2016 | 0 |
18 Months DA Freeze Arrears
Central Government Employees and Pensioners received a fixed Dearness Allowance (DA) and Dearness Relief (DR) rate of 17% from January 2020 to June 2021. The Government of India has ceased the additional DA and DR for this period, with plans to reinstate the terminated installments with cumulative rates in July 2021, as outlined in the office memorandum by the Department of Expenditure. Consequently, the next expected increase in DA and DR will occur in July 2021. Additionally, as per the Finmin Order, there will be no payment of DA and DR arrears for the three installments from January 1, 2020, to June 30, 2021. The concept of ‘Freezing DA’ involves a temporary suspension in the increment of additional DA provided to Central Government employees and pensioners biannually, which has been temporarily halted for 18 months, spanning from January 1, 2020, to June 30, 2021.
AICPIN for January 2024
DA Calculation for Jan 2024: The Labour Bureau has released the All India Consumer Price Index Number for January 2024 today, indicating a rise of 1 point to reach 138.9. Consequently, the Dearness Allowance for January 2024 has been calculated at 50.85%.
Top Suggested Posts: