March 22, 2023

highlights

Demand to revise the fitment factor
Demand to give DA arrears of 18 months
Demand for DA hike with budget

New Delhi. Finance Minister Nirmala Sitharaman will present the budget (Budget 2023) on 1 February. All industries, businessmen, taxpayers, experts etc. are sending their expectations from the budget to Finance Minister Nirmala Sitharaman through different mediums. Government employees also have high hopes from this budget.

There is little hope of a direct announcement regarding the salary of central employees in the budget. It is expected that in the budget, the government can make an announcement regarding the 7th Pay Commission or make an allocation regarding the salary of the employees in the budget. If the government accepts the 3 demands of the central employees, then there will be a tremendous increase in their salary.

read this also- Union Budget 2023: When did the budget start in India, what was the reason for it, how much tax was imposed then

first demand
Central government employees have been demanding for a long time to increase the fitment factor related to salary revision from 2.57 per cent to 3.68 per cent. If the government approves this, then the employees can see a big increase in salary. The minimum basic salary of the employees will increase from Rs 18 thousand to Rs 26 thousand.

second demand
DA was not increased for 18 months during the Corona period. The government had frozen it. The government directly increased DA by 11 percent on July 1, 2021, but nothing was said about DA arrears of 18 months. Government employees are expecting that they will get DA arrears of 18 months.

third demand
The government increases DA every year on January 1 and July 1. Central employees are demanding that the first hike in DA of the year should be done along with the budget to be presented on February 1. According to media reports, the government can increase DA between 3 to 5 percent.

Tags: budget, business news, business news in hindi, nirmala sitharaman

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