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Wednesday, 25 December 2019

DA from January 2020 for Central Government Employees – 4% increase estimated

DA from January 2020 for Central Government Employees – 4% increase estimated




The Dearness Allowance (DA) is a cost of living adjustment 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.

7th Pay Commission: Expect 17% Dearness Allowance for July-December 2019. 7th Pay Commission: The Dearness Allowance (DA) for July 2019 would be 17 per cent. As per a report, the DA for July-December 2019 period would be five per cent more from DA for January to June, 2019 period, when it was 12 per cent..Dearness allowance is calculated as a specific percentage of the basic salary which is then added to the basic salary along with other components like HRA (House Rent Allowance) to make up the total salary of an employee of the government sector.

DEARNESS RELIEF (DR) TO PENSIONERS.DA or dearness allowance is calculated as a specific percentage of the basic salary which is then added to the basic salary along with other components like HRA (House Rent Allowance) to make up the total salary of an employee of the government sector.
The rate of Dearness Relief to pensioners/Family Pensioners is revised bi-annually in accordance with the scheme of Dearness Allowance introduced for serving personnel. ... The Dearness Relief on the pension is revised and paid by the Pension Disbursing Agencies.

It means salary will be calculated as (Basic + grade pay)+DA+HRA+MA. Presently, DA is around 110%, HRA may vary from 10% to 30% and MA can vary widely. Your net salary (that is your in hand salary) will be a little less due to PPF and other deductions. It is about 15-20% roughly.New Delhi: Less than a month after a personal income tax relief, the Union Cabinet on Tuesday approved a 3 per cent hike in Dearness Allowance or DA for government employees and dearness relief to pensioners that will be effective starting 1 January, 2019. The current rate stands at 9 per cent.

Dearness Allowance (DA) is an allowance paid to employees as a cost of living adjustment allowance. The allowance is paid to the employees to manage the inflation. DA is fully taxable with salary.The government on Wednesday approved an increase of two per cent in the dearness allowance (DA) for the central government employees. The hike will be effective from July 1, 2018.

DA is a cost of living adjustment allowance - adjusted in line with inflation to compensate for price rise - that is calculated as a fixed percentage of a person's basic salary or pension. ... Experts believe if the index increases by two points in a month, the revised DA comes around 16-17 per cent.Dearness Allowance. Pay, Allowances and Advances. DA is granted to Railway employees to offset inflation and rising cost of living and inflation. Basis for DA calculation is All India consumer price index.

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