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3 hours ago · DA Hike News: The recent announcement of a 4 percent Dearness Allowance (DA) for central government employees, effective from 1st January 2024, has brought the total DA and Dearness Relief (DR ...
1 day ago · Latest on DA hike: Now that the Dearness Allowance (DA) has reached the 50% mark, several other allowances will also see an increase. As a result, certain allowances are expected to experience a 25% boost. ET Online Latest on DA hike: 13 allowances of central government employees to increase by 25%
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 ...
3 days ago · 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 .
Jun 11, 2024 · DA hike for bank employees: Dearness allowance will be 15.97% for May, June and July 2024 for the bank employees. The calculation of dearness allowance for bank employees was revised early this year. A new pay scale has been constructed for the employees of the public sector banks after merging with DA earlier.
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.
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.
Sep 30, 2023 · The DA was raised by 4% to 42% in the most recent increment in March 2023. According to a number of reports, the next DA increase will likely be 4% given the current inflation rate. 7th pay commission: How much salary will be hiked after a 4% DA rise?
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...
