WebJun 29, 2024 · While the road ahead seems to be clear now, a big factor in increasing Dearness Allowance (DA) is that other allowances like Travel Allowance (TA), City Allowance will also be increased automatically. There will also be a huge surge in Provident Fund (PF) and Gratuity. Read on to know more details. 1. PF Amount will increase WebJul 14, 2024 · In a major relief for lakhs of central government employees, the Union Cabinet headed by Prime Minister Narendra Modi today (July 14) approved the hike in Dearness Allowance (DA) given to these employees from 17% to 28% with effect from July 1, 2024. The DA hike will entail an outflow of Rs 34,401 cr per year for the exchequer.
7th Pay Commission latest update: Good news for Central …
WebThe rate of DA and DR for the period January 1, 2024, to June 30, 2024, will remain unchanged at 17%. Get Latest India News along with Latest News and Top Headlines from India and around the world. WebAlready gross pay increased due to a hike of DA from 17% to 28% from July 2024 for government employees in India. Now, once again the DA may be increased from 28% to 31% effective from the same date (1st July … dallas federal reserve building
7th Pay Commission latest news: BIG update on how DA hike of …
WebJul 1, 2024 · In January 2024, it has increased by 4 per cent. Now all the three instalments are to be paid. The data on DA of June 2024 is also expected to come in July 2024. Citing his sources, Zee Business’ Shubham Shukla tells in this report that the DA could be increased by 3 per cent in June 2024. This will take the DA increase to 31 per cent. WebJun 14, 2024 · New Delhi: Lakhs of central government employees who have been eagerly waiting for hike in the Dearness Allowance (DA) will get revised salary from July 1. The government has already said in... WebJul 14, 2024 · PSU Watch Bureau. Published on : 14 Jul, 2024, 11:27 am. New Delhi: The Cabinet Committee chaired by Prime Minister Narendra Modi on Wednesday has approved increase the Dearness Allowance (DA) to the central government employees and Dearness Relief (DR) to pensioners with effect from July 1, 2024 to 28 percent representing an … birch hill investment partners