1. What is the 2024 Pay Increase?

The 2024 pay increase for public sector employees in India includes a 4% Dearness Allowance (DA) hike. This calculator helps estimate the new salary after this adjustment.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• Old Pay — Current basic salary in INR
• 1.04 — Represents the 4% increase (100% + 4% = 104% or 1.04)

3. Importance of Pay Calculation

Details: Accurate pay calculation helps employees understand their new compensation package and plan their finances accordingly.

4. Using the Calculator

Tips: Enter your current basic pay in INR. The calculator will show your new pay after the 4% increase.

5. Frequently Asked Questions (FAQ)

Q1: Is this increase applicable to all public sector employees?
A: The 4% DA increase applies to central government employees. State government and other public sector employees should check their specific guidelines.

Q2: When will the increased pay be reflected in salary?
A: Typically from July 2024, but exact implementation dates may vary.

Q3: Does this increase affect allowances?
A: Most allowances are calculated as a percentage of basic pay, so they will increase proportionally.

Q4: How often are these pay revisions done?
A: DA revisions typically happen twice a year, in January and July.

Q5: Is this calculator applicable to pensioners?
A: Yes, pensioners also receive DA increases on their basic pension.