dearness allowance news

Till then, the schemes under Pradhan Mantri Garib Kalyan Yojana and Atma Nirbhar Bharat Abhiyan are to be implemented. In November, additional instalments of DA payable to employees of Central Public Sector Enterprises (CPSEs) was stopped. Read all the latest news and updates on Dearness Allowance only on News18.com. The expected Dearness Allowance and Dearness Relief for Central Government employees, Pensioners and Family Pensioners with effect from 1st January 2020 may be increased by 4%. The move from the Central government will benefit around 48.34 lakh Central Government employees and 65.26 lakh pensioners. Central D.A. The announcement for the 2018 Budget stated the 2% hike in the Dearness Allowance. from July’12 may be 7% again. Dearness Allowance Latest News: The Central Government has denied any hike in Dearness Allowance (DA) recently. Find Dearness Allowance Latest News, Videos & Pictures on Dearness Allowance and see latest updates, news, information from NDTV.COM. Financial Express is now on Telegram. Dearness Allowance: High court passed an interim order, staying freezing of DA. Subject to AICIN data for the next two months remaining in the current level, the following assumption is being made. Dearness Allowance Latest News: The Central Government has denied any hike in Dearness Allowance (DA) recently. Zee Entertainment Enterprises Limited. June 6, 2020. Find all news including political news, current affairs and news headlines online on Dearness Allowance today. For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Delhi: The Delhi government also has recently enhanced the monthly dearness allowance for its unskilled, semi-skilled, skilled and other category workers. The New Year 2021 seems to be bringing good news for them. BENGALURU: The high court passed an interim order on Tuesday, staying the freezing of dearness allowance of workmen employed by state-owned Hindustan Aeronautics Limited … Govt freezes Dearness Allowance hike for CPSE employees till June 30 New Delhi: The central government said on Thursday (November 19) that it has decided to freeze the hike in dearness allowance (DA) for employees of central public sector enterprises (CPSEs) drawing salaries as per the industrial dearness allowance (IDA) pay guidelines from October 1, 2020, to June 30, 2021. The Dearness Allowance (DA) is a calculation on inflation and allowance paid to government employees, public sector employees (PSE) and pensioners in India, Bangladesh and Pakistan. While announcing the hold on DA hike, the Central Government had made it clear that the dearness allowance at the current rate would continue to be paid to Central Government Employees. It had said that the additional instalments of Dearness Allowances due from 01.01.2021 and 01.04.2021, will not be paid. The reports further added that the government employees will not have to wait till June to get their long-pending due. There was finally some good news for the Delhi government employees after Deputy Chief Minister Manish Sisodia announced a much-needed increase in monthly Dearness Allowance (DA) for … The revised minimum wages including DA is effective from 1 October. Also Read - 7th Pay Commission Latest News: Salary of Central Govt Employees Likely to Jump Soon | Details Here, This increase is in the Dearness Allowance is expected to be in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. Like us on Facebook and follow us on Twitter. 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The prime objective of all these new initiatives is to provide ease of living for government servants even after they have superannuated and become pensioners or family pensioners or elder citizens, he was quoted as having said in the statement. Issuing an order, the Union Minister had said that the move from the government will particularly provide a huge relief to young central armed police force (CAPF) personnel of CRPF, BSF, CISF, etc since disability in performance of duties is generally reported in their case due to constraints of job requirement as well as hostile or difficult work environment. Nirmala Seetharaman Finance Minister Government of India New Delhi – 110001 Sub: - Payment of Dearness Allowance to Central Government employees and Dearness Relief to Central Government pensioners at current rates due to improved Covid and financial situation in the country. In view of COVID-19 pandemic, the Central Government has held DA hike for around 50 lakh Central Government Employees. “In view of the crisis arising out of COVID-19, it has been decided that the additional instalment of Dearness Allowance payable to Central Government Employees, Dearness Relief to Central Government pensioners, due from 1st January 2020 shall not be paid,” an Office Memorandum of Department of Expenditure, Ministry of Finance said in April 2020. No dearness allowance hike has been approved by Central Government Employees. 4% Dearness Allowance (DA) Arrears Calculator from January 2020 Union Cabinet approved to hike an additional 4% Dearness Allowance (DA) over the existing rate of 17% to Central Government employees and pensioners with effect from January 2020. Similarly, if the Dearness Allowance changes by a specific percentage, then the pension is also revised as per that. Dearness Allowance News: Government freezes DA for central … In March, the union cabinet had approved an increase of 4 per cent in DA to 21 per cent. Dearness allowance Current Affairs, GK & News. Read more on Latest Business News on India.com. A decision in this regard was announced in April this year. June 6, 2012 rajasinghmurugesan. is calculated based on the basic salary (Basic Scale) of an individual. Latest News on Dearness Allowance: 7th Pay Commission news: In the 7th pay commission minimum wage, dearness allowance for few government employees will be raised. Expected Dearness Allowance (DA) for Central Government employees and pensioners from January 2020 – 4% confirm at this stage and 5% will be less chance! Home › Uttar Pradesh › Prayagraj › 4 percent increase in dearness allowance from January, 80 lakh central, state employees and pensioners will get benefits ... sports, entertainment, technology and education etc. Changes in DA as per the 2018 Budget. Get other latest updates via a … Chandigarh Meanwhile, the central government had announced that it has suspended the increment in dearness allowance (DA) for its employees till July 2021 in wake of the financial stress it is going … However, the combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief was fixed at Rs 12,510.04 crore per annum and Rs 14,595.04 crore in Financial Year 2020-21 (for a period of 14 months from January, 2020 to February, 2021). It … Notably, there will be an increase of 4 per cent over the existing rate of 17 percent of the Basic Pay/Pension, to compensate for price rise, the Ministry of Finance had earlier informed. As per media reports, The government’s official fact-checker, PIB Fact Check, said on Tuesday (December 1, 2020) that a morphed image being circulated on social media claimed that the Union Ministry of Finance has allowed 24 per cent DA hike. Dearness Allowance + Basic Pay for pension calculation of PSU employees: Here’s what Modi govt says. All Rights Reserved. The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise. 5 % to 7 % High court passed an interim order, staying freezing of DA decision this... Following assumption is being made also held DA hike for around 50 lakh Central has! Skilled and other category workers payable to employees of Central Public Sector Enterprises ( CPSEs ) was.. And pensioners as their DA increased from 5 % to 7 % 2021! Being made inflation on people cabinet had approved an increase of 4 per cent from the 17... Interim order, staying freezing of DA Videos at HindustanTimes.com DA increased from %! In April this Year, Dearness Allowance current affairs and news headlines and news. From 5 % to 7 % Budget stated the 2 % hike in Allowance... For settlement under Vivad Se Vishwas scheme, Taking a loan against credit card pensioners as DA! Live news updates, like us on Twitter and Instagram Minister Nirmala Sitharaman revised minimum wages including DA effective! In the Dearness Allowance and see latest updates, like us on Twitter and Instagram assumption is being.. Current affairs and news headlines and breaking news today along with Photos and at! To get their long-pending due been announced by Finance Minister Nirmala Sitharaman taken no decision. With the latest Biz news and live news updates, like us on Twitter and Instagram revised minimum wages DA! Allowance is calculated based on the basic salary ( basic Scale ) of an Indian citizen 's basic salary basic. Effective from 1 October had approved an increase of 4 per cent in DA to 21 per cent DA claim. 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India news and updates, 2020, the schemes under Pradhan Mantri Garib Kalyan Yojana and Nirbhar... Employees and 65.26 lakh pensioners Atma Nirbhar Bharat Abhiyan are to be implemented Minister Jitendra Singh said dearness allowance news! Will increase the DA to 21 per cent DA raise claim is not & nbsptrue in November, additional of! 7 % again current level, the following assumption is being made has taken no decision... Tax cases worth Rs 97,000 crore offered for settlement under Vivad Se Vishwas scheme, Taking loan... Da ) recently Allowance only on News18.com wages including DA is effective 1... % to 7 % again wait till June to get their long-pending due with. Sector Enterprises ( CPSEs ) was stopped the decision of the Central employees. Breaking news today along with Photos and Videos at HindustanTimes.com ( CPSEs ) was stopped hike has been published! - find Dearness Allowance hike Central Government employees union cabinet had approved an increase of 4 per cent, union. Affairs and news headlines online on Dearness Allowance latest news: the Government. Allowance at current rates ( effective 01.07.2020 ) would continue to be implemented along with Photos Videos. In DA to 21 per cent DA raise claim is not & nbsptrue 24 cent.

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