Dearness Allowance Hike

DA hiked by 3% for Central Government employees ahead of Diwali

October 16, 2024 admin

Image for representation only | Photo Credit: Reuters The Union Cabinet has cleared a 3% hike in Dearness Allowance (DA) for Central Government employees on Wednesday (October 16, 2024), benefitting more than 1 crore employees and pensioners ahead of the Deepavali festive season this year. The raise takes the DA now to 53% of the…

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Centre Announces Dearness Allowance Hike. What Is It And How To Calculate

March 8, 2024 admin

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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