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
The Central government may increase Dearness Allowance (DA) and Dearness Relief (DR) for its employees and pensioners next week before Holi. This increment will benefit more than 1.2 crore central government employees and pensioners. The government conducts reviews of the dearness allowance twice a year, in January and July. The DA increase, typically finalized in … Read more
The 8th Pay Commission is expected to commence its work in April of the financial year 2025-26. According to Expenditure Secretary Manoj Govil, the Union cabinet will need to approve the terms of reference (ToR) for the Commission. Input will be sought from the Ministry of Department of Personnel & Training and the Ministry of … Read more
8th Pay Commission: The introduction of the 8th Central Pay Commission (CPC) on January 1, 2026, will lead to the revision of salaries, pensions, and allowances for over one crore central government employees and pensioners, providing them with notable benefits. The announcement of the 8th Pay Commission has sparked interest in how much will be … Read more
EPS pensioners: Beginning January 1, 2025, retired individuals covered under the Employees’ Pension Scheme (EPS), 1995, will be able to conveniently access their pension funds from any bank branch located in India. In this regard, the Centre informed that EPFO has completed full scale rollout of the new Centralized Pension Payments System (CPPS) under Employees’ Pension … Read more
DA revision in 2025: The upcoming dearness allowance (DA) revision for central government employees is scheduled for January 2025. The government plans to wait for the final All-India Consumer Price Index (AICPIN) numbers in December before making the official announcement, which may delay the revision process, as per news report. The Dearness Allowance (DA) is … Read more
DA hike: The Dearness Allowance (DA) for central government employees currently stands at 53% of the basic salary following the July 2024 revision. According to the rule, when the DA exceeds the 50% mark of the basic pay, specific allowances are automatically adjusted. This regulation ensures that employees’ additional expenses are taken into account amidst … Read more
DA increase: The recent increase in dearness allowance (DA) for current central government employees and dearness relief (DR) for pensioners by 3% for the period of July-December 2024 has been implemented by the Central Government. The revised DA has been effective since July 1, 2024, bringing the allowance to 53% of the basic pay. This has … Read more
The Union Finance Ministry has issued a directive to banks that central government pensioners should receive their pensions by the last working day of each month, with specific provisions for March payments. The ministry clarified that the notification has been issued to ensure timely disbursement of pensions and family pensions. The Ministry issued an … Read more
CGHS revised rules: The guidelines for Central Government Health Scheme (CGHS) cardholders have been tweaked by the Centre in a bid to enhance healthcare facilities. The tweaked guidelines, issued in an Office Memorandum (OM) of the Union Ministry of Health on September 24, 2024, have been floated to streamline the referral process for consultations, treatments, … Read more