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Last Updated:December 04, 2024, 5:23 pm IST 8th Pay Commission: Minister of State for Finance Pankaj Chaudhary has given an update on the formation of the pay panel and says no proposal for its establishment is being considered at present. Employee unions have been raising demands for the constitution of the 8th Pay Commission. Union…
Last Updated:November 22, 2024, 4:19 PM IST 8th Pay Commission: If the government approves the fitment factor of 2.86, the minimum salary of government employees will shoot up by 186 per cent to Rs 51,480, compared with the current payout of Rs 18,000. The central government employees currently get a minimum basic salary of Rs…
DA Hike Updates: DA is revised periodically twice a year. The central government has raised the dearness allowance (DA) and dearness relief (DR) for its over a crore employees and pensioners by 3 per cent to compensate them against price rise. This takes the total from 50 per cent to 53 per cent, to be…
New Delhi: Over 1 crore central government employees and pensioners waiting for the much needed dearness allowance (DA) hike, might get the good news today. As per news reports, the Union Cabinet may approve 3 percent DA hike in its meeting today. Reports add that the DA hike will also result in employees getting October…
Non-gazetted employees will also likely get bonus. The UP government will take the decision after the central government’s DA hike announcement, which is also likely to take place in the last week of September or the first week of October. The Uttar Pradesh government is likely to announce a bonanza for its 15 lakh employees…
The government is unlikely to release the 18-month arrears for DA and dearness relief, as hinted by MoS Finance Pankaj Chaudhary. The government is expected to announce a 3-4 per cent DA hike for central government employees in the last week of September or first week of October with effect from July 1, 2024. 7th…
The government is unlikely to release the 18-month arrears for DA and dearness relief, as hinted by MoS Finance Pankaj Chaudhary. 7th Pay Commission: The central government is likely to announce a 3-4 per cent hike in dearness allowance and dearness relief in the third week of September 2024, which will become effective from July…
The government is unlikely to release the 18-month arrears for DA and dearness relief, as hinted by MoS Finance Pankaj Chaudhary. 7th Pay Commission: The central government is likely to announce a 3 per cent hike in dearness allowance and dearness relief in September 2024, which will become effective from July 1, 2024. 7th Pay…
New Delhi: The Center may soon raise the dearness allowance (DA) paid to its employees, meaning central government employees may soon receive a bonanza. In July 2024, the center may raise the Dearness Allowance by 3%, bringing the DA to 53 percent, and providing employees with a bonus of up to ₹ 1,00,170. This benefit…
New Delhi: There has been a long-standing discussion that at 50 percent the Dearness Allowance (DA) will drop to zero. This was scheduled to happen on July 1, 2024. The basis of this discussion was the previous parlance or practice, since there used to be automatic merger of DA and DR into basic salary as…