DA Hike News 2023 Early Diwali Gift For Central Govt Employees as Gives Nod To Hike
The Union Cabinet on Thursday approved a four percent hike in dearness allowance for central government employees and dearness relief for pensioners. Union Minister Piyush Goyal told reporters that the move will benefit 49.18 lakh employees and 67.95 lakh pensioners. The hike has been announced to compensate against price rise.
DA Hike 2023 Good News Coming Soon For Central Government Employees! Check Dearness Allowance
NEW DELHI: The Union Cabinet on Thursday approved a 4% hike in dearness allowance for central government employees, bringing the total to 50%. According to the government, this decision will.
Government Employee Pay Raise For 2024 Lok Leora Genevieve
Dearness Allowance (DA) has recently been hiked by 4% to 50% for central government employees. Dearness relief (DR) has also been increased by 4% to 50% for the central government pensioners. The revised DA is effective from January 1, 2024.
Dearness allowance for Central govt employees frozen till July 2021 KalingaTV
The decision will benefit 48.67 lakh central government employees and 67.95 lakh pensioners 7th Pay Commission: With this increase 4 percent hike, the dearness allowance will be increased from 42.
7th pay commission Dearness allowance (DA) likely to be hiked soon for central govt employees
7th Pay Commission Updates: After the central government hiked dearness allowance (DA) for its employees and pensioners to 50% early this year, certain allowances like children education allowance.
Centre hikes dearness allowance for govt employees by 4 per cent
DA hike calculation: Union government has raised the Dearness Allowance for the employees of the Central Public Sector Enterprises (CPSEs) who withdraw salaries as per the pre-revised pay scale of the 6th Central Pay Commission and 5th Central Pay Commission. The revised DA will be applicable from July 1, 2023. Check DA calculation and how much your salary will increase after the revision.
Dearness Allowance rates for Central government employees revised Check details Money News
Dearness Allowance (DA) -The DA, which is an adjustment to cope with the cost of living, was increased by 4% to 50% last month for both current employees and retired pensioners.This adjustment is effective from January 1, 2024. Around 49.18 lakh central government employees and 67.95 lakh pensioners are set to benefit from this increase.
Dearness Allowance Hike Great News for Central Government Employees!!!
Revised rates of Dearness Allowance to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in pre-revised pay scale/Grade Pay as per 5th CPC, due from 01.07.2022. Grant of Dearness Allowance to Central Government employees - Revised Rates effective from 01.01.2022 : 31/03/2022: Download (37.42 KB)
4 Dearness Allowance Hike for Central Government Employees & Pensioners approval!!
7th Pay Commission DA hike: The recent 4% hike in Dearness Allowance (DA) for central government employees and retirees has led to an increase in several allowances, with an aim to provide relief.
Centre approves 4 hike in dearness allowance for central govt employees Business News The
The dearness allowance (DA) for central government employees has been hiked by 4%. With the recent jump, DA has touched 50% for the central government employees. Dearness relief (DR) for central government pensioners has also risen by 4% to 50%. The increased DA and DR are effective from January 1, 2024.
7th Pay Commission Govt employees may get DA hike before Holi Personal Finance News, Times Now
The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2024 representing an increase of 4% over the existing rate of 46% of the Basic Pay/Pension, to compensate against price rise.. The combined impact on the exchequer on account of.
The Central government is likely to increase the dearness allowance (DA) for its over one crore
The release of additional instalment of dearness allowance to government employees as well as dearness relief to pensioners will be effective from January 01, 2023, according to the PTI report. The hike is in accordance with the accepted formula, based on the recommendations of the 7th Central Pay Commission.
Centre Raises Dearness Allowance (DA) for Central Government Employees Sentinelassam
Circular No. 221 regarding revision of rates of Dearness allowance to Central Government Employees effective from 01.01.2024 03/18/2024 Download (3.54 MB) Accessibility Help
Dearness Allowance Govt hikes DA by 3 per cent for central govt employees, new rate effective
The impact of the DA hike on the salary of central government employees and pensioners can be substantial. For instance, consider an employee with a basic salary of Rs 45,700 per month. Previously, with a DA of 46%, the dearness allowance was Rs 21,022. With the DA now at 50%, the allowance will rise to Rs 22,850, resulting in an increase of Rs.
Dearness Allowance For Central Govt Employees Likely To Rise
The undersigned is directed to refer to this Department's Office Memorandum No. 1/4/2023- E-II (B) dated 20th October,.
Diwali Gift for Central Govt Employees! Approves 4 Hike in Dearness Allowance
With the DA hiked to 50%, his dearness allowance will rise to Rs 22,850. So he will get Rs 1,818 more - Rs 22,850-Rs 21,022. Salary hike for central government employees: HRA, daily allowance, other components will also increase as DA hits 50% Central government employees are in for more good news as DA hits 50%.