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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 ...
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 .
Jun 5, 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.
Jan 1, 1996 · The Central Government on the recommendations of the Sixth Central Pay Commission had decided that the Dearness Allowance (DA) admissible to all categories of Central Government employees shall be at the following rates.
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.
Mar 13, 2024 · 6 things central government employees should know about latest DA hike. With the most recent increase, the central government employees ' DA has reached 50%. Employees of the central government will now get a 4% increase in their dearness allowance (DA).
Jan 1, 2024 · Dearness Allowance (DA) - Know the complete information How to Calculate DA, Types, and a List of States that Increased their DA Hikes. Visit our site now.
Feb 9, 2023 · Dearness allowance forms a part of the salary structure. Due to the rapid increase in inflation DA is paid to government employees to offset the impact of inflation. It varies from employee to employee based on their location in the urban, semi-urban or rural area. DA is paid only to:
The Indian government has increased the dearness allowance (DA) for central government employees by 4% to 46%, along with a similar increase in dearness relief (DR) for pensioners.
Dearness allowance is actually a component of a central government employee's monthly salary, paid to compensate for the increase in the cost of living due to inflation. The Centre decides the DA...
