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1. cleartax.in › s › dearness-allowanceDearness Allowance (DA) - Meaning, Types, DA Calculation and ...

   cleartax.in › s › dearness-allowance

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   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.

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3. economictimes.indiatimes.com › wealth › saveDA hike latest update: Will central govt employees ...

   economictimes.indiatimes.com › wealth › save

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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.

4. groww.in › p › taxDearness Allowance - What is DA? | Types, Calculation and Its ...

   groww.in › p › tax

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   Dearness allowance is a cost of living adjustment paid by the Indian government to public sector employees and pensioners. Learn about its meaning, types, calculation, tax treatment, and difference with HRA.

   • DA stands for Dearness Allowance.
   • Yes, a salaried employee is liable to pay tax for DA since it is taxable for employees with a regular salary. Moreover, it is compulsory to declare...
   • It is reviewed bi-annually, once every 6 months based on the Cost of Living Index.
   • No, private sector employees/pensioners are not qualified to get a dearness allowance in their salary.
   • For a pensioner, DA is calculated on the basic pension without commutation. This means the employees will tend to get a certain percent of their or...

5. People also ask

   What is the difference between Da and HRA?

   • 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 recipients. The calculation and rates of Dearness Allowance can vary depending on the organization’s policies and agreements.

   Dearness Allowance: Meaning and Types - ClearIAS

   www.clearias.com/dearness-allowance/

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   What is the da & how does it work?

   • It was introduced to help government employees cope with rising inflation. This allowance acts as a buffer against rising prices, effectively increasing the take-home pay of government staff and pensioners. The DA is reviewed twice a year, in January and July, by the Union government.

   DA hike latest update: Will central govt employees, pensioners get 18

   economictimes.indiatimes.com/wealth/save/da-hike-latest-update-7th-pay-commission-will-central-govt-employees-pensioners-get-18-month-da-arrear-pm-gets-proposal/articleshow/111344246.cms

   See all results for this question

   What is da & why is it important?

   • DA has been pivotal in assisting more than 50 lakh government employees and above 60 lakh pensioners. An increase in DA leads to a substantial surge in the monthly income of a public sector employee.

   Dearness Allowance - What is DA? | Types, Calculation and Its ... - Groww

   groww.in/p/tax/dearness-allowance

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   Why is da allowance different for public sector employees?

   • It varies from one public sector employee to another based on his/her location. Hence, DA allowance is different for employees in the rural, urban, and semi-urban sectors. DA rates are subject to change twice every year. This allowance is increased by the Government every six months.

   Dearness Allowance - What is DA? | Types, Calculation and Its ... - Groww

   groww.in/p/tax/dearness-allowance

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6. www.referencer.in › TA_DA_Rules › DA_RatesReferencer | DA Rates (Dearness Allowances Rates)

   www.referencer.in › TA_DA_Rules › DA_Rates

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   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.

7. www.clearias.com › dearness-allowanceDearness Allowance: Meaning and Types - ClearIAS

   www.clearias.com › dearness-allowance

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   Sep 11, 2023 · Learn what dearness allowance (DA) is, how it is calculated, and how it affects government employees and pensioners in India. Find out the different types of DA, such as industrial, variable, and city compensatory allowance, and their tax treatment.

8. economictimes.indiatimes.com › wealth › saveDA Hike: Central govt employees, pensioners likely to get 4% ...

   economictimes.indiatimes.com › wealth › save

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   Feb 14, 2024 · Find out how much dearness allowance and dearness relief will increase for central government employees and pensioners in 2024. Learn the formula, calculation and salary impact of DA and DR hike based on CPI-IW data.

9. www.indiatoday.in › business › story7th Pay Commission: 4% DA hike approved for government ...

   www.indiatoday.in › business › story

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   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.