WebMar 2, 2024 · As of January 2024, the dearness allowance for central government employees and retired employees is 34%. This is a 3% hike from the 31% of 2024 and … WebFeb 15, 2024 · The Dearness Allowance payable to those employees who are continuing in the 1997 pay scales even after 01.01.2024 will be enhanced from the existing rate of 334% to 345% w.e.f. 01.01.2024, 362% w.e.f. 01.07.2024, 379% w.e.f. 01.01.2024 and 393% w.e.f. 01.07.2024 (up to the date of effect of option under Pay Revision 2014).
Dearness Allowance - Explanation, How to Calculate, Types & Tax Rates
WebApr 11, 2024 · Grant of Dearness Allowance to Railway employees – Revised Rates effective from 01.01.2024. The Indian Ministry of Railways has issued a letter to all All India Railways and Production Units, stating that the Dearness Allowance payable to railway employees will be enhanced from the existing rate of 38% to 42% of the Basic Pay, … WebDearness Allowance (D.A.) is the most important salary element for Government employees in India. The rate of Dearness Allowance is being changed once in six months. The provision of additional installments to Government servants is to compensate for the price hike of essential commodities. The calculation of additional installment of Dearness ... buy wifi card
Complete DA (Dearness Allowance) Rates from 1986 to 2024
WebJan 1, 2007 · The Dearness Allowance was increased to 7% from an earlier rate of 5%, for almost more than 11 million government employees. As per the proposed changes, this increase in DA in all probability, will work in the favour of more than 48.41 lakh central employees and 61.17 lakh pensioners and staffers. Role of Pay Commission in DA … WebSep 10, 2024 · Here is the complete details about Dearness Allowance Rates (DA Rates) w.e.f. from January,1986 to July, 2024. In this article DA rates is separately described by Pay Commission. Government of India had merged 50% of the Dearness Allowance with the basic pay w.e.f. 01.04.2004. WebMar 2, 2024 · As of January 2024, the dearness allowance for central government employees and retired employees is 34%. This is a 3% hike from the 31% of 2024 and benefits over 50 lakh central government employees and over 55 lakh retired employees. Since 2006, the DA for central government employees has been growing continuously. buy wifi for my home