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DA Hike Calculations: Dearness allowance (DA) is an effective tool for helping central government employees to adjust their basic pay to adjust to rising inflation. The government raises the DA rate twice a year. For January 2025, it was 2 per cent, when DA rose from 53 per cent to 55 per cent. For July,…
New Delhi: Around 1 crore central government employees and pensioners are waiting for a big salary increase because the government is expected to announce the next round of dearness allowance (DA) and dearness relief (DR) hikes soon. These hikes happen twice a year, in July and December, but are often announced with a delay and…
8th Pay Commission Revised Pension Calculations: The central government has a large number of pensioners, plus there is a large workforce that will retire from their service soon. Like active employees, these pensioners will also benefit from the 8th Pay Commission. The fitment factor, which is a multiplier for salary and pension revision, will determine…
Last Updated:October 31, 2024, 2:22 pm IST The dearness allowance has been increased to 42 per cent from 38 per cent. Uttarakhand government also announced the DA hike earlier. On the eve of Diwali, Punjab Chief Minister Bhagwant Mann announced a hike of 4 per cent in Dearness Allowance for government employees and matching Dearness…
New Delhi: DA Hike Update: The Dearness allowance for employees of Assam State government will be hiked to 53 percent. Bringing the much needed festive joy to the employees, the Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has approved 3 percent hike in DA, effective from July 2023. After the hike, the DA…
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…
The Union Cabinet has announced a 3 per cent hike in Dearness Allowance (DA) for central government employees and pensioners in a festive delight just ahead of Diwali. This increase, raising the DA from 42 per cent to 45 per cent of the basic pay, brings a much-needed financial boost to millions of employees and…
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…
Hindi News Business Central Employees DA Hike 2024 Update; Modi Cabinet Meeting | 7th Pay Commission New5 minutes ago copy link About 52 lakh central employees and 60 lakh pensioners will benefit from this. (file photo) There may soon be an increase in the dearness allowance (DA) received by central employees. According to media reports,…
New Delhi: Chief Minister Sukhvinder Singh Sukhu announced 4 per cent DA for the employees and pensioners of the State benefitting 1.80 lakh employees and 1.70 lakh pensioners from 1st January, 2023 thereby bearing an extra burden of Rs 600 crore per year on the State exchequer. In addition to this, the Chief Minister announced…