What happens if DA crosses 50%?
For Example, an employee’s basic pay Rs. 10000 as on 1.1. 2011, after merging of 50% dearness allowance the calculation clearly shows the difference only 50 rupees per month. “Note that the 50% of Dearness allowance will not be merged with basic pay, instead, the amount will be shown as ‘Dearness Pay’.
What about DA hike in 2021?
DA Hike News 2021: Good news for government employees of this state – Dearness Allowance increased to 31% DA hike news 2021: The hike in DA from 17 to 31 per cent would entail an additional expenditure of about Rs 8,724 crore and for festival cash gift approximately, Rs 169.56 crore, an official release said.
What is the central DA of July 2021?
The central government had in July 2021 increased the DA and DR for the central government employees and pensioners, respectively, to 28 per cent from 17 per cent after a long pause. Again, in October 2021, the central government employees witnessed a jump of 3 per cent in dearness allowance.
What happens if DA reaches 100%?
Even after the rate of DA is increased to 50% level it is not enough to increase some allowance by 25% as it will not help to handle the expenses caused by inflation….
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What will be DA in 2025?
2025 is 70 percent, the proposed 8th CPC multiplication Factor after neutralisation of DA will be 1.70.
Will DA increase in Jan 2021?
As per the order issued by Department of Expenditure, the increase in DA from 17% to 28% subsumes additional instalments arising on January 1, 2020, July 1, 2020 and January 1, 2021. The rate of dearness allowance for the period from January 1, 2020 to June 30, 2021 will remain at 17%.
How many DA will increase in July 2021?
The DA hike restarted in July last year. Subsequently, on the basis of the 7th Pay Commission’s recommendations, DA for all Central Government employees was hiked in July 2021 to 28 per cent from 17 per cent.
What are the benefits of Da merger with basic pay?
The DA amount may decrease when 50% of DA merged with basic pay. So, ultimately hike in Basic pay only the factor is more beneficial in DA Merger. But in 6th CPC there was no recommendation to convert dearness allowance as dearness pay each time the CPI increase by 50% over the base index recommended in the pay commission report.
When will the central government announce the merger of Dearness Allowance?
All Central Government employees federations are showing a maximum effort to achieve the demand of “Merger of 50% Dearness Allowance with Basic Pay” at this time. Federations sources said, there will be a chance to announce before March…!
When did the 3rd CPC decide to merge the da?
In other words, the recommendation of the 3rd CPC was to merge the DA when it crossed 36%. The Government in the National Council JCM at the time of negotiation initially agreed to merge 60% DA and later the whole of the DA before the 4th CPC was set up.