What is the DA in Madhya Pradesh?
What is the DA in Madhya Pradesh?
With the new order, now the pensioners getting pension according to 6th pay commission will get DA of 164% while those getting pension according to the 7th pay commission will have get 17% dearness allowance.
What is DA for state government employees?
Stalin on Tuesday increased the dearness allowance for State government employees, teachers and pensioners from 17% to 31% with effect from January 1. The announcement means an additional expenditure of ₹8,724 crore a year.
How to calculate dearness allowance?
Calculation of Dearness Allowance
- For Central Government employees: Dearness Allowance % = ((Average of AICPI (Base Year 2001=100) for the past 12 months -115.76)/115.76) *100.
- For Central public sector employees: Dearness Allowance % = ((Average of AICPI (Base Year 2001=100) for the past 3 months -126.33)/126.33) *100.
What are the major financial institutions?
The major categories of financial institutions include central banks, retail and commercial banks, internet banks, credit unions, savings, and loans associations, investment banks, investment companies, brokerage firms, insurance companies, and mortgage companies.
How do you calculate DA on a calculator?
DA is calculated based on their basic salary and the DR is calculated based on their basic pension. For example, if an employee’s basic salary is 18000 and if a pensioner’s basic pension is 9000, then the calculation of DA and DR will be as follows: Basic Salary: 18000 x 21% = 3780. Basic Pension: 9000 x 21% = 1890.
What is the DA Rate for central government employees in 2019?
The DA rate enhanced from 154% to 164% from 1.7.2019 to Central Govt Employees and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale and Grade pay as per 6th pay commission.
How much will da increase for government employees in Karnataka?
Cabinet Secretary, Vandana Dadel said, “The State Government has decided to increase the DA of State government employees by 11 per cent. The DA will be hiked from existing 17 per cent to 28 per cent.”
Is Dada increase for Govt employees and pensioners temporarily suspended till July 2021?
DA Increase for Govt Employees and Pensioners temporarily suspended till July 2021 due to COVID 19 Crisis The Central Government announced through an office memorandum on 23rd April 2020 to stoppage of granting additional dearness allowance (D.A.) for 18 months.
What is the Dearness Allowance (DA) for central government employees in India?
The current rate of Dearness allowance is 17% with effect from 1st July 2019 for Central Government employees, Pensioners and Family Pensioners in India. Click To View Detailed DA Table with AICPIN 5th CPC Latest DA Rate and Finmin Order
