In November, additional instalments of DA payable to employees of Central Public Sector Enterprises (CPSEs) was stopped. However, Dearness Allowance at current rates (effective 01.07.2020) would continue to be paid. Dearness Allowance is calculated as a percentage of an Indian citizen's basic salary to mitigate the impact of inflation on people. Financial Express is now on Telegram. Know about Dearness allowance in Hindi on Khabar.NDTV.com, Explore Dearness allowance with Articles, Photos, Video, न्यूज़, ताज़ा ख़बर in Hindi with NDTV India Read all the latest news and updates on Dearness Allowance only on News18.com. Govt freezes Dearness Allowance hike for CPSE employees till June 30 New Delhi: The central government said on Thursday (November 19) that it has decided to freeze the hike in dearness allowance (DA) for employees of central public sector enterprises (CPSEs) drawing salaries as per the industrial dearness allowance (IDA) pay guidelines from October 1, 2020, to June 30, 2021. Spotlight. In the meantime, the Central government has also allowed extended the disability compensation to all serving central government employees who get disabled in the line of duty and are retained in service in spite of such disablement. Published Date: January 4, 2021 10:40 PM IST. No dearness allowance hike has been approved by Central Government Employees. The Dearness Allowance (DA) is a calculation on inflation and allowance paid to government employees, public sector employees (PSE) and pensioners in India, Bangladesh and Pakistan. Find Dearness Allowance Latest News, Videos & Pictures on Dearness Allowance and see latest updates, news, information from NDTV.COM. Till then, the schemes under Pradhan Mantri Garib Kalyan Yojana and Atma Nirbhar Bharat Abhiyan are to be implemented. The finance ministry had in April 2020 decided to put on hold increment in dearness allowance (DA) for … 2021The Indian Express [P] Ltd. All Rights Reserved. 7th Pay Commission Latest News Today: Here come a piece of good news for the Central government employees as they are going to get hike in their salary from January itself. However, the combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief was fixed at Rs 12,510.04 crore per annum and Rs 14,595.04 crore in Financial Year 2020-21 (for a period of 14 months from January, 2020 to February, 2021). Subject to AICIN data for the next two months remaining in the current level, the following assumption is being made. Latest News on Dearness Allowance: 7th Pay Commission news: In the 7th pay commission minimum wage, dearness allowance for few government employees will be raised. A decision in this regard was announced in April this year. Dearness allowance Current Affairs, GK & News. Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Similarly, if the Dearness Allowance changes by a specific percentage, then the pension is also revised as per that. The government, via an office memorandum dated April 23, 2020, announced its decision to put on hold the hike in dearness allowance (DA) for the year. The prime objective of all these new initiatives is to provide ease of living for government servants even after they have superannuated and become pensioners or family pensioners or elder citizens, he was quoted as having said in the statement. The expected Dearness Allowance and Dearness Relief for Central Government employees, Pensioners and Family Pensioners with effect from 1st January 2020 may be increased by 4%. The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise. So, this was good news for all the government employees and pensioners as their DA increased from 5% to 7%. Dearness Allowance from July 2013 : AICPIN -Consumer Price Index for Industrial Workers (CPI-IW) – January, 2013 As it was almost confirme... 7th CPC Revised Pay – Protection of pay in cases of deputation under CSS in terms of Rule 12 of CCS Rules, 2016 Zee Entertainment Enterprises Limited. Here is what you should be aware of, How to avoid penalty on premature withdrawal of FD, Sun Pharmaceutical Industries Share Price, This website follows the DNPA’s code of conduct. is calculated based on the basic salary (Basic Scale) of an individual. 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According to media reports, the first is a 4 per cent hike in dearness allowance from this month which means that more salary will be credited to the accounts of central government … Delhi: The Delhi government also has recently enhanced the monthly dearness allowance for its unskilled, semi-skilled, skilled and other category workers. Central D.A. Dearness Allowance Latest News: The Central Government has denied any hike in Dearness Allowance (DA) recently. Issuing an order, the Union Minister had said that the move from the government will particularly provide a huge relief to young central armed police force (CAPF) personnel of CRPF, BSF, CISF, etc since disability in performance of duties is generally reported in their case due to constraints of job requirement as well as hostile or difficult work environment. Following the decision of the Central Government, several state government had also held DA hike for their employees. Dearness Allowance hike Central Government says 24 per cent DA raise claim is not true! Stay updated with us for all breaking news from India News and more news in Hindi. Copyright © 2021. GoI: No New Schemes for a year. Also Read - 7th Pay Commission Latest Updates: With Hike in DA, HRA, LTA And Gratuity, Budget 2021 Likely to Bring Good News For Central Govt Employees. from July’12 may be 7% again. “It has been decided that the additional instalment of Dearness Allowance payable to Central Government employees and Dearness Relief to Central Government pensioners due from 1st January … The morphed image wrongly claims that such a decision has been announced by Finance Minister Nirmala Sitharaman. Dearness Allowance News: Government freezes DA for central … “In view of the crisis arising out of COVID-19, it has been decided that the additional instalment of Dearness Allowance payable to Central Government Employees, Dearness Relief to Central Government pensioners, due from 1st January 2020 shall not be paid,” an Office Memorandum of Department of Expenditure, Ministry of Finance said in April 2020. Chandigarh 7th Pay Commission Latest News: Salary of Central Govt Employees Likely to Jump Soon | Details Here, 7th Pay Commission: Tax Exemption, LTC, Salary Hike, DA Increase | Latest Updates Central Govt Employees Must Know, 7th Pay Commission Latest Updates: With Hike in DA, HRA, LTA And Gratuity, Budget 2021 Likely to Bring Good News For Central Govt Employees. Dearness allowance news. Find all news including political news, current affairs and news headlines online on Dearness Allowance today. As per media reports, The morphed image being circulated on the social media makes the fake claim that the Central government has not just approved 24 per cent DA hike but also it has decided to provide the arrears. Also Read - 7th Pay Commission Latest News: Salary of Central Govt Employees Likely to Jump Soon | Details Here, This increase is in the Dearness Allowance is expected to be in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. Meanwhile, the central government had announced that it has suspended the increment in dearness allowance (DA) for its employees till July 2021 in wake of the financial stress it is going … Changes in DA as per the 2018 Budget. The announcement for the 2018 Budget stated the 2% hike in the Dearness Allowance. Dearness Allowance - Find Dearness Allowance latest News Headlines and breaking news today along with Photos and Videos at HindustanTimes.com. Click here to join our channel and stay updated with the latest Biz news and updates. On June 5, 2020, the Government of India announced that no new schemes will be approved till March 31, 2021. An announcement to this effect was made by Union Minister Jitendra Singh said on Friday. In March, the union cabinet had approved an increase of 4 per cent in DA to 21 per cent. According to the reports, the government has hiked the dearness allowance by 4 per cent, which will result in an increase in the salary of the central government employees. June 6, 2012 rajasinghmurugesan. For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Dearness Allowance + Basic Pay for pension calculation of PSU employees: Here’s what Modi govt says. Like us on Facebook and follow us on Twitter. The move from the Central government will benefit around 48.34 lakh Central Government employees and 65.26 lakh pensioners. It … It had said that the additional instalments of Dearness Allowances due from 01.01.2021 and 01.04.2021, will not be paid. 4% Dearness Allowance (DA) Arrears Calculator from January 2020 Union Cabinet approved to hike an additional 4% Dearness Allowance (DA) over the existing rate of 17% to Central Government employees and pensioners with effect from January 2020. BENGALURU: The high court passed an interim order on Tuesday, staying the freezing of dearness allowance of workmen employed by state-owned Hindustan Aeronautics Limited … Dearness Allowance: High court passed an interim order, staying freezing of DA. The latest hike by the government will increase the DA to 21 per cent from the existing 17 per cent. Also Read - 7th Pay Commission: Tax Exemption, LTC, Salary Hike, DA Increase | Latest Updates Central Govt Employees Must Know, The central government employees must note that in March 2020, the Union Cabinet, chaired by the Prime Minister, Narendra Modi had approved to release an additional instalment of DA to them and Dearness Relief (DR) to pensioners from January 2020. Home › Uttar Pradesh › Prayagraj › 4 percent increase in dearness allowance from January, 80 lakh central, state employees and pensioners will get benefits ... sports, entertainment, technology and education etc. The New Year 2021 seems to be bringing good news for them. Expected Dearness Allowance (DA) for Central Government employees and pensioners from January 2020 – 4% confirm at this stage and 5% will be less chance! All Rights Reserved. Disputed tax cases worth Rs 97,000 crore offered for settlement under Vivad Se Vishwas scheme, Taking a loan against credit card? Read more on Latest Business News on India.com. Meanwhile, in related news, it has been reported in the media that the central government employees are expected to get four percent increase in dearness allowance which is expected in … Highlights. Explore more on Dearness Allowance. While announcing the hold on DA hike, the Central Government had made it clear that the dearness allowance at the current rate would continue to be paid to Central Government Employees. In view of COVID-19 pandemic, the Central Government has held DA hike for around 50 lakh Central Government Employees. There was finally some good news for the Delhi government employees after Deputy Chief Minister Manish Sisodia announced a much-needed increase in monthly Dearness Allowance (DA) for … To calculate expected Industrial Dearness Allowance(IDA) for PSU from April 2021 we need AICPI average for last three months i.e December 2020, January 2021, February 2021 from Labour Bureau,an attached office of the Govt of India. Nirmala Seetharaman Finance Minister Government of India New Delhi – 110001 Sub: - Payment of Dearness Allowance to Central Government employees and Dearness Relief to Central Government pensioners at current rates due to improved Covid and financial situation in the country. The AICPIN data for April 12 has been recently published. The revised minimum wages including DA is effective from 1 October. Dearness Allowance Latest News: The Central Government has denied any hike in Dearness Allowance (DA) recently. The government’s official fact-checker, PIB Fact Check, said on Tuesday (December 1, 2020) that a morphed image being circulated on social media claimed that the Union Ministry of Finance has allowed 24 per cent DA hike. The D.A. Notably, there will be an increase of 4 per cent over the existing rate of 17 percent of the Basic Pay/Pension, to compensate for price rise, the Ministry of Finance had earlier informed. The … Dearness Allowance put on hold since April 2020. The New Year 2021 seems to be bringing good news for them. As per media reports, the Central government employees are going to get 4 per cent hike in their Dearness Allowance from this month itself. However, the Central government has taken no such decision and the claim made in the morphed image is fake, the fact-checker said. Get other latest updates via a … The reports further added that the government employees will not have to wait till June to get their long-pending due. 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