What will be expected DA from July 2021?

Cabinet hikes DA by 3\%, to be in effect from July 1, 2021. The DA will be hiked by 3 per cent to 31 per cent which will incur an additional cost of Rs 9,488.70 cr. The decision is expected to benefit 47.14 lakh central employees and 68.62 lakh pensioners. It will be implemented with effect from 1 July 2021.

What is the latest DA for central govt employees?

31\%
Dearness Allowance (DA) for central government employees has been hiked to 31\% of the basic pay from 28\%with effect from July 1, 2021, the Finance Ministry stated on Tuesday.

Will DA hike?

AICPI data suggested that the DA is payable at a 31 per cent rate given that the index for June 2021 increased by 1.1 points, leaving the final number at 121.7. The DA hike which was expected to be announced sometime in the month of September 2021, will be applicable most likely for the first half of 2021.

What is the expected DA from Jan 2021?

28\%
Expected DA from January 2021 is 28\%

Will central government employees get DA from July 2021?

“….the Dearness Allowance payable to central government employees shall be enhanced from the existing rate of 28 per cent to 31 per cent of the basic pay with effect from July 1, 2021,” said the office memorandum dated October 25. In July this year, and DA rate was increased from 17\% to 28\%.

What is the salary in 7th Pay Commission?

The Union Cabinet had in June 2017 approved recommendations of the 7th Pay Commission with 34 modifications. The new scales of pay provided for entry-level basic pay going up from Rs 7,000 per month to Rs 18,000, while at the highest level i.e. Secretary, went up from Rs 90,000 to Rs 2.5 lakh.

What is DA in salary?

What is Dearness Allowance. Dearness Allowance is paid by the government to its employees as well as a pensioner to offset the impact of inflation. The effective salary of government employees requires constant enhancement to help them cope up with the increasing prices.

How can I know DA in salary?

The current rate of Dearness allowance multiply with your basic salary is Dearness allowance. For example, the existing rate of percentage is 12\%, if your basic salary is Rs. 49000. The DA is (49000 x 12) /100.

Is Da going to increase in Jan 2022?

Central government employees are likely to get a 3 percent dearness allowance (DA) hike in early 2022 under the 7th Pay Commission, reports said. DA, the cost-of-living adjustment allowance paid to public sector employees and pensioners, is usually raised twice a year in January and July.

What is the DA percentage for central govt employees?

Now, the DA of Central Government Employees will be calculated at the rate of 31\% of Basic pay.

Is Da added to pension?

The Union Cabinet on Thursday approved an increase of 3 percentage points on the Dearness Allowance (DA) Dearness Relief (DR) for central government employees and pensioners from 28\%. After this hike, the DA will increase to 31\%.

When will 7th Pay Commission 2021-2022 come into effect?

7th pay commission latest news: In a written reply, Minister of State (MoS) for Finance Anurag Thakur assured that the pending DA and DR instalments ( (January 1, 2020, July 1, 2020 and January 1, 2021)) will come into effect from July 2021.

What is the current DA hike for central government employees?

At present, the central government employees are getting DA of 17 per cent. A four per cent DA hike was approved for government employees last year. While this was meant to come to effect from January 1, 2021, it was delayed due to the pandemic.

Are government employees entitled to interest in case of delay in payment?

The Supreme Court on Thursday said salaries and pensions are “rightful entitlements” of government employees and in case of delay, they should be paid with interest. A Bench headed by Justice DY Chandrachud observed that the government which has delayed the payment of salaries and pensions should be directed to pay interest at an appropriate rate.

When will Dearness Allowance be restored for central government employees?

7th Pay Commission Latest News Today: Here comes a piece of good news for the Central government employees as their Dearness Allowance will be restored from July. This was announced by the Finance Ministry on Tuesday in Rajya Sabha.