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6 days 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%
DA from July 2024 Calculator for Central Government Employees. DA Calculator July 2024. Simple DA calculator to find the Dearness Allowance for Govt Employees
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 .
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.
Jan 25, 2024 · Latest DA and DR for Central Government employees, pensioners DA for Central Government employees and DR for Central Government pensioners was increased from 42% to 46%. The revised rate will be applicable from July 1, 2023. This move benefits around 48.67 lakh central government employees and 67.95 lakh central government pensioners.
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.
In the meantime, the Central government employees are all set for another dearness allowance (DA) hike in 2024. After a 4% increase on January 1, a second hike is likely soon and it is expected ...
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.
