Dearness allowance, other payments: Revised rates for central government employees

Dearness allowance, other payments: Revised rates for central government employees

The Department of Personnel and Training (DoPT) has recently notified the revised allowances available to central government employees. In March 2024, the dearness allowance (DA) for central government employees has recently been increased by 4 per cent to 50 per cent. Besides this, the Union Cabinet also cleared additional dearness relief (DR) of 4 per … Read more

Pension schemes aiming to reach AUM of Rs 12 lakh cr by March-end; added 97 lakh subscribers in 2023: PFRDA chief

Pension schemes aiming to reach AUM of Rs 12 lakh cr by March-end; added 97 lakh subscribers in 2023: PFRDA chief

Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty has said that the pension schemes, such as the National Pension System (NPS) and Atal Pension Yojana (APY), have added 97 lakh new subscribers in 2023, taking the total subscriber base to 7.03 crore as of December 31, 2023. Of the total subscribers, 5.3 crore … Read more

No order issued for payment of increased DA, DR, says FinMin

photo

The Finance Ministry on Saturday said that no order relating to the payment of increments in dearness allowance for central government employees and dearness relief for pensioners has been issued. In a tweet, the Ministry said a document is doing the rounds on social media claiming resumption of DA to Central Government employees & Dearness … Read more