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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…
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…
In the last hike in March 2024, the central government had raised dearness allowance by 4 per cent to 50 per cent of the basic pay. Central government employees and pensioners are likely to get a Diwali bonanza soon as the Union Cabinet is expected to announce a hike in DA and DR during its…
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…
New Delhi: The Centre is expected to increase the dearness allowance (DA) by 4 percent, as per various media reports. If it is approved it will mark the second increase in both dearness allowance and dearness relief (DR) this year. The announcement is likely to come in September which would raise the current DA from…
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…