What is the present dearness allowance?

What is the present dearness allowance?

Dearness Allowance for central government employees has been hiked to 31 per cent of the basic pay from 28 per cent with effect from July 1, 2021, the Finance Ministry said. In July this year, and DA rate was increased from 17 per cent to 28 per cent.

Is DA declared for central govt employees?

The Union Cabinet has approved hike in the Dearness Allowance (DA) of central government employees. The decision was announced during a cabinet briefing on Thursday. The DA will be hiked by 3 per cent to 31 per cent which will incur an additional cost of Rs 9,488.70 cr.

Do railway pensioners get DA?

Dearness Pay (For those who retain Vth pay Commission scale) Likewise for pensioners also 50% Dearness Relief was seperated as Dearness Pension from 1.1. 2004 and DA was calculated on Pension + DP. This is still applicable for those who retain 5 th CPC scales.

Will HRA increase with DA?

According to media reports, the central government employees could expect another DA hike along with an increase in HRA as early as January 2022. However, the HRA hike could be limited to 11.56 lakh employees of the Railway Board.

How many times DA increase in a year?

2) Dearness Allowance is a component of salary of government employees and pensioners. To cope up with the rising inflation, the central government revises DA and DR benefits twice every year – in January and July.

What is DA rate from January 2020?

It also clarified that DA for the period of 1st January 2020 to 30th June 2021 for both 5th pay commission and 6th pay commission employees at 312% and 164% respectively. Means, no DA arrears will be paid to these employees for the period of 1st January 2020 to 30th June 2021.

Do employees get DA arrears?

With the increase in dearness allowance from July 2021, arrears will also be available. Central government employees will also get arrears, along with 31 per cent DA. Central government employees will start getting the benefit of increased DA from October 2021. They will be paid at the rate of 31 per cent.