On this day, the government will announce a DA hike!

Date:

Share:

Soon, the government will have some excellent news to share with the central staff. This news is connected to the DA Hike for the staff. According to a media report, an announcement of the dearness allowance is anticipated for the month of September. But this hasn’t received an official announcement as of yet. This time-distance allowance is anticipated to rise by 3%. Following this, the current DA will rise to 45 percent from 42 percent.DA

The AICPI index will be used to determine the amount.

According to a recent PTI report, the central government is mulling raising DA and DR for its more than one crore employees and pensioners to 45 percent. In reality, the Ministry of Labour uses the AICPI index to determine the rate of DA/DR (DA/DR) for central employees and pensioners.DA

An increase of 3% in DA is anticipated.

The June CPI-IW data, which the Labour Ministry announced on July 31, are slightly higher than 3%. The government does not take the decimal point into account. This time, a 4-percent rise in the Dearness allownace is being demanded, according to Shiv Gopal Mishra, general secretary of the All India Railwaymen’s Federation. However, it’s anticipated that the government will raise it by 3–45%.DA

Will be put into effect on July 1

If the government raises the DA and DR in September, it will take effect on July 1st. The Ministry of Finance’s Department of Expenditure will first craft a proposal for a DA increase with revenue consequences. After that, the Union Cabinet will be asked to approve this idea. After receiving cabinet approval, it will go into effect on July 1st, 2023. The Central Government currently has more than one crore employees and pensioners. He currently receives DA/DR at a rate of 42% of his base salary or pension.

Prior to that, Dearness allowance was raised on March 24, 2023. The new rule went into effect on January 1, 2023. The DA had then been raised to 42% from 42% by 4%.

Read more: In comfortable attire, Kareena Kapoor Khan and Neha Dhupia appear at the airport

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 Facebook Page                  Click Here
🔥 Twitter                               Click Here
🔥 Instagram                  Click Here

Subscribe to our magazine

More Like This

Recruitment in the Central Bank for Correspondent Supervisor Vacancy 2024

The Recruitment process for the position of Business Correspondent Supervisor has begun at the Central Bank of India. Interested parties have until January 3,...

Railway RRB has announced bumper recruitment for 1036 posts, know details

Recruitment for Ministerial and Isolated Posts (CEN 07/2024) has been made public by Indian Railways. Online applications will be accepted starting on January 7,...

Know the features of the electric car Audi Q8 eTron, from performance to range

The Audi Q8 e-tron is a powerful blend of technology and luxury. This electric car has a high-end appearance, and its inside is packed...

Budget 2025 Expectations: Taxes, Capital Gains, NPS & Crypto Reliefs

Anticipation is growing in many sectors as the Finance Minister and her staff begin to draft the Union Budget 2025. Both taxpayers and those...

The next generation of AirPods Pro may include health capabilities like temperature and heart rate tracking

Apple's next AirPods Pro might come with health features. Mark Gurman of Bloomberg reports that the company is exploring earbud capabilities including temperature and...

LEAVE A REPLY

Please enter your comment!
Please enter your name here