What is the expected DA from Jan 2021?
Now, on top of that DA for July 2021 will also be added to the September cumulative DA and central government employees will get money for four DA installments. Eerier, 4 per cent DA was increased for January 2020, 3 per cent for June 2020 and again 4 per cent DA for January 2021.
What is the DA rate from July 2021?
Government are also pleased to enhance the rates of Dearness Allowance from the existing 11.25% to 21.50% of the Basic Pension/Family Pension with effect from 1st July 2021 to the State Government Pensioners/Family Pensioners as well as Pensioners/Family Pensioners of the Aided Educational Institutions whose Pension/ …
What is the DA in HP?
5 per cent
Himachal Pradesh Chief Minister Jai Ram Thakur Saturday announced 5 per cent dearness allowance (DA) for the state government employees and pensioners, with effect from July 1, 2019.
What is current DA percentage?
17%
The rate of Dearness Allowance for the period from 01.01
What is DA rate from Jan 2020?
The rate of Dearness Allowance/Dearness Relief for the period 01.01
What happens when DA crosses 25%?
The Department of Expenditure had issued an order on 7 July 2017 stating that when the dearness allowance crosses 25 percent, the house rent allowance will be revised. Since July 1, the dearness allowance has been hiked to 28 percent, due to which the house rent allowance has also been revised.
Is DA going to increase in 2021?
Prime Minister Narendra Modi chaired Cabinet Committee has increased the DA and DR from 17 per cent to 28 per cent. This means there has been a hike of 11 per cent. The revised slabs have come with effect from July 1, 2021.
Is DA arrears will be paid?
Due to which the central government employees and pensioners did not get DA and DR for 18 months from 1 January 2020 to 30 June 2021. However, the government has made it clear that the arrears of these 18 months (January 2020 to June 2021) will not be given to the central government employees and pensioners.
How is DA calculated in salary?
For example: Suppose an employee was getting Rs 100 as basic pay. The DA amount at 17 per cent rate for him was Rs 17. Now, the total DA he will get will be 28 per cent of Rs 100 i.e. Rs 28. The minimum basic pay recommended for Central Government Employees at the entry-level by the 7th Pay Commission is Rs 18,000.
What is dearness allowance?
Dearness Allowance is a component of the salary that cushions against inflation and is revised twice a year – once in January and once in July. In April last year, the Finance Ministry had put on hold an increment in dearness allowance (DA) till June 30, 2021, due to the COVID-19 pandemic.
What is the current DA rate for bank employees?
The salary of bank employees is all set to increase, starting from this month. The Dearness Allowance (DA) for bank employees has been hiked to 27.79%, up by 2.1 per cent over the last quarter. The increment will be effective from August to October and applicable for bankers following 11th BPS salary structure.
How much is DA in salary?
