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Sep 11, 2023 · DA vs HRA. The HRA and the DA are two distinct components with differing tax treatment, thus they should not be confused. One notable distinction is that whereas DA is available to all employees, HRA is only available to those working in the public sector. In addition, HRA is eligible for several tax deductions that are not accessible to DA ...
Dearness allowance is a cost of living adjustment which is offered to public sector employees. Read about what is DA, types, rates and calculation of DA on Groww.
Jul 3, 2024 · The dearness allowance for central government has been increased to 50% from 46% from January 1st 2024 onwards. Dearness Allowance is a component of take-home salary. Read on to know more about DA types, calculation, allowance for pensioners & treatment under income tax.
Feb 14, 2024 · DA hike, which was effective from January 1, 2023, was announced on March 24, 2023. The DA increase, which was applicable from July 1, 2023, was announced on October 18, 2023. More than one crore central government employees and pensioners will benefit from an increase in DA and DR .
Jan 16, 2024 · Dearness Allowance (DA) is a cash allowance paid to employees and pensioners by the government, aimed at hedging the impact of inflation. Similar to, HRA, contribution to provident fund, etc. Dearness allowance is a percentage of the basic salary and is directly related to the cost of living.
Jul 14, 2021 · The DA hike will benefit about 48.34 lakh central employees and 65.26 pensioners. The Centre on Wednesday increased the Dearness Allowance (DA) and Dearness Relief (DR) for central government...
May 26, 2023 · Learn about Dearness Allowance (DA), its types, & how it is calculated. Understand the significance of DA in compensating for the rising cost of living.
May 16, 2024 · With talks about Dearness Allowance (DA) to be raised to 50%, this blog provides a clear understanding of the importance of DA in compensation by outlining its rates, calculation techniques, categories, and criteria.
5 days ago · Understand the definition of Dearness Allowance (DA), its types, its current monthly rates in 2023, income tax rules, and calculation. Keka HR Katalyst Awards 10:00 AM - 6:00 PM IST
Feb 9, 2023 · Variable Dearness Allowance (VDA) Variable Dearness Allowance is applicable to Central Government employees. It is revised on a half-yearly basis depending on the rising levels of inflation. Variable Dearness Allowance fixed by the government remains the same unless basic minimum wages are revised.
