India Circular News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India Business News: The central government has recently announced a 4% hike in Dearness Relief (DR) for pensioners, effective from January 1, 2024. This adjustment will increase the DR to 50% for eligible pensioners. Eligibility and calculation details are provided in a March 13, 2024 Office Memorandum from the Department of Pension & Pensioners’ Welfare (DoPPW). Here's what you need to know about who qualifies for this increase and when they can expect to receive it.

Central govt pensioners, family pensioners: The Department of Pension & Pensioners Welfare (DoPPW) released an Office Memorandum mentioning which pensioners and family pensioners will be eligible for the recent dearness relief (DR) hike and how the payment of DR will be calculated. It will instructed the pension disbursing banks to arrange payments of dearness relief to pensioners or family pensioners without waiting for any further instruction from other authorities. Read here

Get the latest update on the Dearness Relief for Central Government pensioners and family pensioners. Learn about the revised rates effective from 01.07.2023