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Home Personal Finance 12% DA Hike: Good news for employees! DA increased by 12%, salary...

12% DA Hike: Good news for employees! DA increased by 12%, salary of government employees, bumper increase in pension

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12% DA Hike: Good news for employees! DA increased by 12%, salary of government employees, bumper increase in pension

12% DA Hike: There is a Diwali feeling before Holi. Government employees have got a great news just before Holi. There is going to be a bumper increase in the salary of the government employees of Maharashtra Government.

12% DA Hike: Diwali like feeling is coming before Holi. Government employees have got great news just before Holi. There is going to be a bumper increase in the salary of government employees of Maharashtra government. The Maharashtra government has increased the dearness allowance of government employees not by 5-6 percent but by a bumper 12 percent directly.

Dearness allowance increased by 12 percent

The Maharashtra government has increased the dearness allowance of employees by 12 percent. The Maharashtra government on Tuesday issued an order increasing the dearness allowance (DA) of its employees by 12 percent under the unchanged pay scale of the 5th Pay Commission. The government has increased the dearness allowance by 12 percent from July 1, 2024.

Arrears along with DA

According to the Government Resolution (GR), DA has been revised from 443 per cent to 455 per cent. It will be paid in cash along with the salary of February, 2025, including arrears from July 1, 2024 to January 31, 2025. An official of the state finance department said that about 17 lakh employees are expected to benefit from the DA hike. The order said that the expenditure on the revised dearness allowance will be met from the budgetary provisions allocated under the respective salary and allowances head for government employees. The expenditure for grant-in-aid institutions and Zilla Parishad employees will be recorded under the sub-heads specified for their financial assistance.

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