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Dearness Allowance Hike Diwali Bonanza: If Cabinet decides on DA hike today, the increased DA will be applicable from July 1.
7th Pay Commission Latest update on DA hike: The government has announced a 4 percent DA hike from the current 42 percent to 46 percent for the central government employees.
DA is given to government employees, while DR is given to pensioners. DA and DR are hiked twice a year — January and July.
It is being highly anticipated that the Narendra Modi government might go for a 46 percent DA hike for the central government employees.
The administration may increase the dearness allowance from the current 42 percent to 45 percent, as anticipated.