1 / 7Central government employees and pensioners are in for a treat as the Union Government is likely to hike the dearness allowance (DA) soon.2 / 7It is usually revised in January and July. However, the announcement of the hike in DA and the payout comes a bit later and as we are already in the second half of September and the announcement of the next hike is not very far3 / 7The DA for the central government employees is calculated based on the latest Consumer Price Index for Industrial Workers (CPI-IW).4 / 7At present, the central government employees and pensioners get a 42% dearness allowance.5 / 7DA is calculated as a portion of the basic salary of the central government employees. For central government pensioners, it will be dearness relief. So, when DA increases the salary of the central government employees goes up.6 / 7For instance, a central government gets a basic salary of Rs 36,500 per month. At 42%, his DA was at Rs 15,330. If DA jumps by 4% from July 2023, his DA will be hiked to Rs16,790. So his in-hand salary is likely to be increased by Rs 16,425-Rs 15,330 = Rs 1,460 in a month.7 / 7In 2022, the DA increase, which was applicable from July 1, was announced on September 28