- Advertisement -
HomePersonal FinanceBig relief to central employees, pensioners: 4% increase in Dearness Allowance announced,...

Big relief to central employees, pensioners: 4% increase in Dearness Allowance announced, it rained money

- Advertisement -
- Advertisement -

DA hike latest news 2023: The government has given great news to central employees and pensioners. Dearness Allowance ie DA has been increased by 4 percent to 42 percent. It has been implemented from 1 January 2023.


7th Pay commission latest news today: The news that the central employees and pensioners were waiting for has finally come to the fore. The government has decided to increase Dearness Allowance ie dearness allowance by 4 percent.

After this increase, central employees will get 42 percent dearness allowance instead of 38. A meeting of the Cabinet Committee of Economic Affairs was held today under the chairmanship of PM Modi, in which work was done to seal the increase in DA.

DA is revised twice a year

Dearness Allowance is revised twice a year. DA is reviewed every six months and is usually increased. The 4 percent increase in DA will be implemented from January 1, 2023. Means, the arrears of January, February and the benefit of hike in March will be available with this month’s salary.

Pensioners also got the benefit of 4% DR hike

Apart from central employees, the benefit of increase in dearness allowance will also be given to central pensioners. Pensioners get this as DR ie Dearness Relief. The cabinet committee has also decided to increase the dearness relief for pensioners.

Pensioners will also now get the benefit of 42 per cent dearness allowance instead of 38. For these also it will be applicable from January 1, 2023. The pension which will come for the month of March, will get the benefit of arrears of January and February.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments