Centre Announces Dearness Allowance Hike. What Is It And How To Calculate
Dearness Allowance is calculated using the All-India Consumer Price Index (AICPI). The Centre has approved a 4% increase in Dearness Allowance (DA) and Dearness Relief (DR), bringing the total DA to 50% of the basic salary for central government employees and pensioners. This decision also includes a 25% increase in transport, deputation, and canteen allowances….
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