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New DA Announced: Good news for employees! Finance Ministry released new rate of dearness allowance today

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Dearness Allowance Hike: A new dearness allowance will be added to the salary of the employees. Revised notification of Dearness Allowance (DA) has been issued by the Finance Ministry. This time the dearness allowance has been increased by 4 percent on behalf of the Modi government.


DA Hike Latest News: Central employees have been given great news by the Finance Ministry. The moment for which the central employees were waiting for a long time, has arrived. The dearness allowance of the employees and pensioners has been approved by the government.

Now a new dearness allowance will be added to the salary of the employees. Revised notification of Dearness Allowance (DA) has been issued by the Finance Ministry. This time the dearness allowance has been increased by 4 percent on behalf of the Modi government. With this it has increased to 42%.

DA increased from 38 to 42 percent

The Finance Ministry has issued an Office Memorandum on Monday to increase the DA Hike by 4%. On March 24, approval was given by the Union Cabinet regarding the dearness allowance of the employees. Along with this, the dearness allowance of the employees has increased from 38 to 42 percent. Now on April 3, its notification has been issued by the Ministry of Finance.

You will also get arrears of three months

After the notification, the central government employees will be paid the increased four percent dearness allowance in the April salary. In the April salary, the new salary will be paid to the employees with arrears of three months. Dearness Allowance (DA) and Dearness Relief (DR) of central employees and pensioners have been implemented from 1 January 2023. About one crore employees and pensioners will be paid arrears from January to March. This will increase the burden of Rs 12,815 crore on the government every year.

Pensioners also got a gift

Lakhs of pensioners have also got the benefit of Dearness Relief (DR Hike) under the Seventh Pay Commission. Along with DA Hike, the cabinet has also increased the Dearness Relief (DR Hike) by 4 percent. Pensioners will be paid dearness relief at the rate of 42%. The arrears of three months will also be paid along with the pension of the pensioners.

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
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