Highlights
Three installments of DR for pensioners.
50 lakh central govt employees, over 65 lakh pensioners to benefit.
New Delhi: Central employees may soon receive good news amid the escalating transition period of the Corona epidemic. Last year, due to Corona, the government had withheld dearness allowance (DA) and dearness relief (DR) of employees and pensioners, which is all set to be released this time.
Increased salary will soon start coming in the accounts of millions of central employees and pensioners from July 1. The government has said in Parliament that their stalled dearness allowance (DA) and dearness relief (DR) will be resumed from 1 July 2021. The dearness allowance, which is currently available at the rate of 17 per cent, can be increased by 11 per cent, taking the total percentage hike to 28 percent straight. According to the All India Consumer Price Index (AICPI) data release, between January and June 2021, at least DA can be increased by 4 percent, media re
7th Pay Commission: DA to jump by 28%, increased salary in account by July 1?
More than 50 lakh central government employees and over 65 lakh pensioners across India are waiting for the hike in Dearness Allowance (DA) and it is expected that they may see a DA hike of upto 28 percent from 17 percent in July.
DNA Web Team
Apr 20, 2021, 11:40 AM IST
More than 50 lakh central government employees and over 65 lakh pensioners across India are waiting for the hike in Dearness Allowance (DA) and it is expected that they may see a DA hike of upto 28 percent from 17 percent in July.
1. DA hike
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According to the All India Consumer Price Index (AICPI), DA of central government employees can be increased by 4 percent. The AICPI report also mention that after the DA is reinstated, the Dearness Allowance of the central employees may increase from 17 percent to 28 percent. This includes a 3 percent increase in DA from January to June 2020, a 4 percent increase from July to December 2020, a
Highlights
Three installments of DR for pensioners.
50 lakh central govt employees, over 65 lakh pensioners to benefit.
New Delhi: 7th Pay Commission latest updates Over 50 lakh central government employees and more than 65 lakh pensioners, eagerly waiting for the implementation of hike in Dearness Allowance may see a hike of upto 28 percent from 17 percent in the month of July.
According to the All India Consumer Price Index (AICPI) data release, between January and June 2021, at least DA can be increased by 4 percent, media reports have said. The reports further mention that after the DA is reinstated, the Dearness Allowance of the central employees may increase from 17 percent to 28 percent. This includes a 3 percent increase in DA from January to June 2020, a 4 percent increase from July to December 2020, and a 4 percent increase from January to June 2021. That means the total DA calculation will be (17 + 4 + 3 + 4) 28 percent.
7th Pay Commission: BIG news for govt employees! PF contribution may change from July, know how - The government has made an announcement regarding the Dearness Allowance (DA) for the central government employees.