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Jun 28, 2024 · Dearness allowance (DA) of central government employees increased to 50% from January 1, 2024. When DA touches 50%, certain allowances such as House Rent Allowance (HRA) are also revised. The Department of Personnel and Training (DoP&T) has already released a list of allowances that will be revised following the hike in DA this month.
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.
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 ...
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.
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 .
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 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...
Oct 18, 2023 · The Union Cabinet on Wednesday cleared a 4 per cent Dearness Allowance (DA) and Dearness Relief (DR) hike for central government employees and pensioners, sources told India Today TV.
Sep 28, 2022 · Synopsis. The hike in Dearness Allowance (DA) will help central government workers, pensioners, and family pensioners who receive central government pensions. A hike in DA translates to a hike in the salary of central government employees. The last time DA was hiked was in March 2022.
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.
