dearness allowance for central government employees

Government employees and pensioners will continue to get their DA at 17 per cent rate of … The additional financial implication on account of this increase in Dearness Allowance for additional 11% DA is due which works out to 13,000 crores annually, which is manageable under the existing financial conditions , more over this will benefit about 49.93 lakh Central Government employees and 65.26 lakh pensioners who pump this money into the market which also … Freezing Dearness allowance and Dearness relief for central government employees - Court case dismissed Honourable Delhi High Court in its Judgement, dismissing the plea against freezing DA and DR, observed that the Central Government has … Where, AICPI stands for All-India Consumer Price Index. Coronavirus (): The Ministry of Finance on Thursday decided to freeze the additional installment of Dearness Allowance (DA) payable to central government employees and Dearness Relief (DR) to pensioners due from January 1, 2020 in view of the crisis arising out of the Covid … Dearness Allowance … The calculation of Dearness Allowances shall be made taking into account the revised basic pay and NPA, if any, but it shall not include any other type of pay. Expected Dearness Allowance from Jan 2021 for Central Govt Employees and Pensioners. 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). No arrears for the period from 1st January 2020 till 30th June 2021 shall be paid, the Finance Ministry said. The Dearness Allowance (DA) for the Central Government employees is set to increase from 12 percent to 17 percent from July 1 onwards, said reports. Update: Dearness Allowance for Central Government Employees was continued to be calculated after implementation of 7th Pay Commission based on consumer price index with Base 2001=100 till August 2020. However, the allowance will continue to be paid at current rates. 2,01,000/ shall draw Dearness Allowance @3% of basic pay w.e.f. 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. Expected Dearness Allowance for Central Government employees and pensioners from January 2020 – 4% confirm at this stage and 5% will be less chance!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%. It varies from employee to employee based on their presence in the urban, semi-urban or rural area. Attachment File: Freezing of DA_DR (23.04.2020).pdf. DA Calculation Formula for the Central Government Employees: Dearness Allowance (%) = [(Average of AICPI (With Base Year 2001 = 100) for the last 12 months – 115.76)/115.76] * 100. The Central government employees will also not get any arrears in any future revision of DA/DR from from July 1, … Website Policies; Help; Contact us; Feedback; Web Information Manager; Open Gov Data; Website Content Managed by Department of Expenditure,Ministry of Finance,GOI Designed, Developed and Hosted by National Informatics Centre ( NIC ) Last Updated: 23 Apr … The Central government employees will also not get any arrears in any future revision of DA/DR from from July 1, … The Dearness Allowance for the Central Government Employees is calculated based on 12 months average CPI-IW index. For Central public sector employees: Dearness Allowance % = ((Average of AICPI (Base Year 2001=100) for the past 3 months -126.33)/126.33)*100 Where, AICPI stands for All-India Consumer Price Index. 7th Pay Commission: The central government employees are eagerly waiting for their Dearness Allowance (DA) announcement for January to June 2021 period. 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.. Dearness Allowance is calculated as a percentage of an Indian citizen's basic salary to mitigate the impact of inflation on people. For the Central public sector employees, the Dearness Allowance is calculated based on the average over the last three months. Even though the additional dearness allowance is frozen for 18 months from January 2020 to June 2021 to all Central government employees and pensioners, the calculation of Dearness allowance is an ongoing process! Freezing of Dearness Allowance and Dearness Relief. The 1.14-crore employees and pensioners will continue to get dearness allowance—offered to compensate for the rise in inflation and cost of living—and dearness relief at the current rate of 17 percent of basic pay or pension till June-end 2021, according to a government office memorandum. Dearness Allowance is granted to employees of the central government each year with effect from January 1 and July 1 and is paid in the month of … (i) The whole time State Government employees drawing basic pay upto Rs. As a result of the freeze, the government will not pay the hike in dearness allowance that was due … DA Calculation Formula for Public Sector Employees working under the Central Government Employees ( effective from 1 st January 2007): Dearness Allowance (%) = [(Average of AICPI … The dearness allowance is paid to the government employees based on the rise in inflation. A simple online DA Calculation Tool is provided to find the DA from Jan 2021 with inputs of expected AICPIN for the required months. W-02/0039/2017-DPE(WC)- … The Centre raised the existing DA of Central Government Employees from 12 per cent to 17 per cent of the Basic pay with effect from July 1, 2019. Freezing of Dearness Allowance to Employees of Central Public Sector Enterprises (CPSEs) drawing pay as per 2017, 2007, 1997, 1992 & 1987 IDA pay revision guidelines at current rates till 30th June, 2021 No. Earlier, with CPI-IW index released with the base year 2001, the DA was calculated based on the formula (Average … The Central government employees and pensioners, who were getting 21 per cent DA, are now getting a dearness allowance at the rate of 17 per cent due to this move from the government. 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). According to media reports, the Centre is expected to increase the dearness allowance by 4 per cent from this month which means that more money will be credited to the salary accounts of employees. As per the press release of the AICPIN for the month of April 2020, the index is increased by three points from its existing level. For Central public sector employees: Dearness Allowance % = ((Average of AICPI (Base Year 2001=100) for the past 3 months -126.33)/126.33)*100. Amid all the bad news with regards to the impact of coronavirus, the central government had some good news for government employees.The Union government announced a hike of four per cent in dearness allowance (DA). Now, the AICPIN is standing … The Indian government today said that it will freeze the Dearness Allowance (DA) revision for the central government employees and pensioners. Earlier, it had announced a hike in allowances to 21 percent, effective January … The decision will be effective from January 1, 2020. The decision benefits about 48.34 lakh Central Government employees and 65.26 lakh pensioners. DA is only paid to: Central Government Employees, Public Sector Employees, Pensioners of Central Government. The government increases the dearness allowance as per the AICPI index. For Central Government employees: Dearness Allowance % = ((Average of AICPI (Base Year 2001=100) for the past 12 months -115.76)/115.76)*100. Indian citizens may receive a basic salary or pension that is … Dear Allowance or Dearness Relief is paid to central government employees and pensioners to adjust the cost of living and to protect their basic pay or pension from erosion in the real value. Dearness Allowance (DA) is an allowance paid to meet the cost of living. Dearness Allowance hike and DR restoration for central govt employees, pensioners from January - Double-dose of Good news 7th Pay Commission Latest News: Double dose of DA hike and DR restoration for central govt employees, pensioners from January Over 1 crore central government employees - 48 lakh workers and around 65 lakh pensioners - are set to get a … The DA has been hiked from 17 per cent to 21 per cent on March 13, 2020 . The Centre has not withdrawn its earlier order of DA hike suspension. From the month of September 2020, Govt replaced CPI with base 2001=100 with new consumer price index with base 2016=100. For Central Government employees: Dearness Allowance % = ((Average of AICPI (Base Year 2001=100) for the past 12 months -115.76)/115.76)*100. It helps to offsets the impact of inflation. 01.01.2013 to the employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised scale as per 5th CPC डाउनलोड (401.18 KB) Central government employees and pensioners will now continue to receive DA at current rates, i.e., 17 per cent as … However, the allowance will continue to be paid at current rates. From the year … The Central government was supposed to increase the Dearness Allowance (DA) earlier this year in April as per 7th Central Pay Commission recommendations. New Delhi: The central government on Thursday suspended disbursement of increased dearness allowance (DA) to its employees and pensioners announced last month and decided to freeze the next two hikes as well because of the strain on its finances due to the coronavirus pandemic. In March, the union cabinet had approved an increase of 4 per cent in DA to 21 per cent. Rates of Dearness Allowance applicable w.e.f. 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