DA hike: Central govt employees, pensioners may see the lowest hike this time in 7 years; check details

DA hike: Central govt employees, pensioners may see the lowest hike this time in 7 years; check details

This week, the Union Cabinet may take a final call on the Dearness Allowance (DA) hike this week.  If approved, the new DA will come into effect retrospectively from January 2025, which means the employees will get an increase in their salary for March and also receive two months’ arrears.  According to recent news reports, … Read more

DA hike: 3% hike in DA, DR from July 2024 expected in September. Check details on salary, increment

DA hike: 3% hike in DA, DR from July 2024 expected in September. Check details on salary, increment

DA hike: The Centre is anticipated to make an announcement regarding the second hike in Dearness Allowance (DA) and Dearness Relief (DR) for employees and pensioners from July 2024 in September. It is estimated that the government led by Prime Minister Narendra Modi might sanction a 3% increase in DA and DR during this phase. … Read more