All the Comments are Reviewed by Admin. The rate of DA is determined based on the Consumer Price Index (CPI) and is meant to protect the real value of wages and pensions against inflation. For the purpose of Travelling & Daily Allowances, officers are classified into four grades. 3. Payment of Dearness Allowance to State Government Employees and Dearness Relief to state service pensioners/Family Pensioners - Revised rates effective from 01-01-2019,01-07-2019,01-01-2020 and 01-07-2020 - Orders issued. 2) The State Govt. The Department of Public Enterprises (DPE) under the Ministry of Finance has amended the rates of Dearness Allowance payable to the executives of CPSEs holding Board level posts or below Board level posts and Non-Unionized Supervisors who follow the IDA pattern of 1992 pay scales. The Central Government Employees DA Hike was applicable from 1st January 2023. Meanwhile, the government has withdrawn the order freezing the leave surrender benefit of the employees two weeks ago. As of now, they get only 7 per cent DA. :: Finance Department :: Government of Kerala DA for Kerala Govt Employees 2019 Vide GO(P) No.61/2016/Fin dated 05/05/2016, KeralaGovernment have issued orders revising the Dearness Allowance to State Government Employees and Dearness Relief to State Service Pensioners/Family Pensioners with effect from 01/01/2016. The DA increase has been approved based on the recommendations of the 7th Central Pay Commission. In Kerala, government employees have the cake and eat it too The enhanced rate of Deanress Relief due from 01.07.2017 will be paid along with the pension for July 2018 and arrears from July 2017 to June 2018 will be released in cash along with the pension for July 2018. Inoperative PAN: 9 money transactions that you can do, With 8.05% interest, RBI floating bond could be best for these investors. GO (P) No. (P) No. The revised rates of Daily Allowance for different grades of employees are as follows: * Please Don't Spam Here. However, the government postponed the third instalment to this financial year (202223) and the fourth instalment to the next financial year (202324) due to the financial crisis. Senior Citizens Savings Scheme: Was interest rate hiked for July-September 2023 quarter? Save my name, email, and website in this browser for the next time I comment. By Order of the Governor This was the second raise in DA after DA rates were increased from 17 percent to 28 percent after a year-long gap in July 2021. The. (P) No 84/2018/Fin. Central Government Employees & Pensioners News - Geod.in - Log in, Separate Table No. (P) No.09/2016/Fin, dated 20.01.2016) will be enhanced from the existing rate of 14% to 15% with effect from 01.07.2017. 01/07/2020. . G.0 (P) No. was announced in January 2023, and the rate has been increased by 4%. All Rights Reserved. Your Reason has been Reported to the admin. 01/07/2017, Dearness Allowance Order w.e.f. Dearness Allowance hike: DA rates revised for these central govt Decision of Government relating to grant of Dearness Allowance to Central Government employees - Rates effective from 01.07.2016. A decision on the DA hike is expected in a Union Cabinet meeting this week. What is DA for govt employees? Central Government Holiday List 2024 Released! (P) No. 9/2016/Fin, dated 20.01.2016 From State Govt. :: Finance Department :: Government of Kerala Although Central Government employees have been getting in full the 38% DA which was in force till December 2023, any increase in DA has not been sanctioned for State Government employees for the past two years. Kendriya Vidyalaya Balvatika 3 Online Admission 2023-24 Latest Updates. G.O. The cost of living index is reviewed periodically, and the DA rate is adjusted accordingly. After slowing for four months in a row, retail inflation accelerated faster than expected to a three-month high of 4.8% in June due to rising food prices from a 25-month low of 4.31% in May, potentially delaying the likelihood of monetary easing. Although Central Government employees have been getting in full the 38% DA which was in force till December 2023, any increase in DA has not been sanctioned for State Government employees for the past two years. 8th Pay Commission News. For a basic pay of up to Rs 3,500 per month, the DA rate will be 701.9% of pay, subject to a minimum of Rs 15,428. DA is a cost-of-living adjustment allowance provided to employees to help them cope with the rising prices of essential goods and services. These banks offer higher FD interest rates for super senior citizens, Wipro Q1: PAT rises 12% YoY to Rs 2,870 cr but misses estimate, Akasa Air has ample fuel to go for 3-digit jet order, India gives nod for 26 Rafales before Modi's Paris trip, Is Nifty Next 50 A Good Bet Only If You Are A Super Long Term Investor, After Adani Stocks Hindenburg May Have Crashed Into Indias Green Hydrogen Mission Too, Mens Underwear Sales Are Falling Should Indian Economy Prepare For A Below The Belt Jolt, No 5g Service Lack Of Fresh Funds Could Further Hurt Vodafone Idea Even As Airtel Jio Leap Ahead, We Want To Solve The Wazirx Binance Issue Once And For All Nischal Shetty, Indian It Companies Rode The Cloud Wave As Hyperscalers Growth Tapers How Will It Impact Them, Reliance Jiocinema Is Streaming Ipl 2023 For Free Will This Now Disrupt The Ott Business, Adani Group Stocks Will Averaging Out Work For Retail Investors, Falling Off The Momentum Why Retail Investors Are Losing Money After Witnessing A Long Rally, How Rajendra Badwe Is Making Cancer Treatment Affordable By Repurposing Easily Available Drugs, Indian Railway Finance Corporation Ltd Share Price, Pk Rosy Google Honours First Female Lead In Malayalam Cinema With A Doodle, Valentines Day Google Celebrates February 14 The Most Romantic Day Of The Year With Animated Doodle, Google Bard Vs Chatgpt Who Will Win The Ai Chatbot Race, Pathaan Box Office Collection Shah Rukh Khan Starrer Movie Collects Rs 429 Crore Worldwide In 4 Days, Decoding Epfos New Guidelines How You Can Apply For Higher Pension Now, Adani Enterprises Fpo Fully Subscribed Group Survives Hindenburg Attack With Nii Support, Google Celebrates Bubble Tea With Interactive Doodle Make Your Own Digital Bubble Tea, Fundamentals Of Our Company Are Very Strong Our Balance Sheet Is Healthy And Assets Robust Gautam Adani After Fpo Call Off, Caught On Camera 5 Year Old Child Bitten To Death By Street Dogs In Hyderabad, Aditya Birla Sun Life Multi Asset Allocation Fund Regular Plan. The dearness allowance (DA) of Central and state government employees applicable from July to December this year has been increased by 3 percent as the national consumer price index has risen from 335 percentage points to 342.92. The Dearness Allowance (DA) is a calculation on inflation and allowance paid to government employees . ORDER Government had revised the pay and allowances of State Government employees and teachers w.e.f from 01.07.2014 by the G.O read as 2nd above based on the recommendations of the X Pay Revision Commission. The central government had increased DA by 3 percent from 28 percent to 31 percent of basic pay and pension in October 2021 as a Diwali gift to the central government employees. Analysis and . State govt likely to allot DA, pension arrears in budget - KERALA Employees in the scale of pay 77200-140500 are eligible for flight journeys. = [261.4]- (261.4)X100/261.4. It is not possible to provide a one-size-fits-all DA chart, as the rates can vary greatly depending on the state and the year. (ix) The enhanced rate of Dearness Allowance will also be applicable to part-time and part-time contingent employees on the basis of pay drawn by them. The new DA rate will be applicable from January 1, 2023, and will be payable to all eligible employees, including pensioners. The current DA rate for central government employees has been increased by 3 percent to 34 percent. There is no indication when the State Government employees in Kerala will receive it. (P)No.211/2011/Fin dated 07.05.2011 will also be eligible for Dearness Relief at the above rate. The Dearness Allowance hike will benefit about 47.68 lakh central government employees and 68.62 lakh pensioners. The recent DA hike for central government employees is a step in the right direction, as it will help them cope with the rising cost of living. With this, the DA of Central government staff would increase to 38 per cent, while the states increase would be from 15 to 18 per cent. :: Finance Department :: Government of Kerala ICICI Prudential Large & Mid Cap Fund Direct Pla.. Canara Robeco Emerging Equities Fund Direct-Grow.. Dearness Allowance hike: DA rates revised for these central govt employees from July 1, 2023. With this, the Central DA will rise by 42% and that of State employees by 22%. 19 common money transactions that you can still do with inoperative PAN card. It is not possible to provide a one-size-fits-all DA chart, as the rates can vary greatly depending on the state and the year. No demands have been received regarding this allowance. Employees can surrender the current year's leave in April and obtain the money. (P) No. Quick updates for CG Staff and CG Pensioners, Latest Dearness Allowance of Kerala State Government Employee, Dearness Allowance to Kerala State Government Employees and Dearness Relief to State Service Pensioners/Family Pensioners Revised rates effective from 01/07/2017. Click here to Check JKBOSE 10th Result 2023 - Declared, Manipur Board HSLC Result 2023 - Declared. (P)No.211/2011/Fin dated 07-05-2011), will be enhanced from the existing rate of 255% to 259% with effect from 01.07.2017. By continuing to use our website, you agree to our, Updated: Central Government Employees DA Hike, Today Latest News DA is therefore anticipated to rise by four percentage points to 42%.He continued by saying that the Finance Ministrys expenditure division will draft a proposal to increase DA along with the income implications and submit it for approval to the Union Cabinet. The revised pay and allowances will be granted in cash from 01.04.2021 with the salary of March 2021. Hence the rate of Dearness Allowance payable in Respect of All India Service Officers (IAS, IPS and IFS) serving in connection with the affairs of the State Government, is ordered to be enhanced from the existing rate of 31% to 34% with effect from I st January 2022. However, any employee can travel by air for official purposes provided that Travelling Allowance at the rate sanctioned for their eligible class of travel by train will be allowed for such journeys subject to the production of flight ticket and boarding pass. The DA calculator helps to simplify the calculation process and provides a quick and accurate estimate of the DA amount that the employee is eligible for. is a cost of living adjustment allowance paid to employees, particularly government employees, and pensioners, to mitigate the impact of inflation on their purchasing power. Under para 7 and Annexure-lll (B) of DPE's OM dated 03.08.2017 wherein the rates of DA payable to the Board level and below Board level executives and non-unionized supervisors of CPSEs have . What is DA, Check who will benefit? helps to simplify the calculation process and provides a quick and accurate estimate of the DA amount that the employee is eligible for. Shiva Gopal Mishra, general secretary of the All India Railwaymen Federation, stated in a statement to PTI, On January 31, 2023, the CPI-IW for December 2022 was published. We do not claim to be any government body and we are just a news portal that covers various updates and stories. Mar 31, 2022 10:44 IST, Current Affairs Today Headline - 31 March 2022, Todays Wordle 755: Hints and Clues of 14 July with Solution for Word Puzzle Game, Bastille Day 2023 and India - France Relations: PM Modi and Tri-services on the French National Day, July 14, 2023, CBSE Class 9 MCQs of Geography Chapter 4: Climate, CBSE Class 9 MCQs of Geography Chapter 3: Drainage, CBSE Class 9 MCQs of Geography Chapter 2: Physical Features of India, CBSE Class 9 MCQs of Geography Chapter 1: India - Size and Location, CBSE Chapterwise MCQs for Economics Class 9 NCERT from the Revised Syllabus (2023 - 2024), CBSE Class 9 MCQs of Economics Chapter 4 - Food Security in India, List of Centuries scored by Indians in debut Test match, Maharashtra Board SSC Mathematics Syllabus 2024 - Download Class 10 Maths Syllabus PDF, CUET PG Answer Key 2023 OUT Live: Check NTA CUET PG Provisional Answer key Date, Time, latest updates and PDF Download Link Here. (P)No.180/2006/Fin, dated 18.04.2006 and who are drawing pension/family pension as per pension revision 1997, and in respect of pensioners/Family Pensioners coming under UGC/AICTE/Medical Education Schemes whose pension has not undergone revision as per G.O.(P)No.81/2007/Fin. Copyright 2023 Onmanorama. The centre had frozen three additional installments of the Dearness Allowance and Dearness Relief that were due on January 1, 2020, July 1, 2020 and January 1, 2021. 8.15.55 This allowance is in the nature of travel entitlements for different ranks of government employees. DA Hike for Central Government Employees: The Union Cabinet on March 30, 2021 approved a 3 percent hike in dearness allowance for central government employees and dearness relief to pensioners. 6/2017/Fin dated 19/01/2017. Consequently, the Central DA will go up from 28 to 31 percent and state DA from 9 to 12. 42% DA Order for Central Govt Employees wef 01.01.2023 - Finmin Orders 2023. https-www-onmanorama-com-news 73lig11vibbl7ilbru42pth8j7 https-www-onmanorama-com-news-india https-www-onmanorama-com-acp onmanorama-topic-destination-4-india, ( For more than one recipient, type addresses seperated by comma ), Overflowing Yamuna leaves Delhi flooded, drinking water supply likely to be disrupted, 'Brutal lathi charge' at assembly march killed Bihar leader, claims BJP, EU parliament to discuss Manipur violence; matter 'absolutely' internal, says India, Tomato farmer killed by robbers in Andhra, Chandrayaan-3 countdown begins, mission to put rover on moon, Delhi schools, offices to remain closed till Sunday as Yamuna swells beyond danger level, India readies moon mission to stake claim as space power, PM Modi optimistic about enhancing India-France relations during Paris visit, Kerala Chief justice Bhatti among 2 HC chief justices appointed SC judges. There are no changes in the 7th CPC Fitment Factor, As of now, employees are getting salary under the fitment factor based on 2.57 percent (P) No.81/2007/Fin. (ii) The Dearness Allowance payable in respect of those employees continuing in the pre-revised scale of G.0 (P) No.85/2011/Fin dated 26.02.2011 will be enhanced from the existing rate of 109% to 112 % w.e.f. Copyright 2023 Onmanorama. 3. Dearness Allowance - Ministry of Finance |Government of India 01/07/2012, Dearness Allowance Order w.e.f. For central government employees: The DA is calculated as -- {(Average of the All-India Consumer Price Index (Base year -2001 =100) for the last 12 months -115.76)/115.76} x 100. Travelling Allowance(TA) & Daily Allowance(DA) rate for Government employees. [ See in detail ] With this, four instalments of the dearness allowance became arrears. This increase will provide some relief to the employees, who have been struggling with the high cost of living in recent years. How are Chandrayaan 2 and Chandrayaan 3 different? The central government periodically revises the DA rates based on the Consumer Price Index (CPI) data, which measures the changes in the prices of goods and services consumed by an average consumer. Grade II(a): I Class. The Centre is expected to announce the new hike of 3 percent late in August or early September. The likely hike will be 3 per cent for staff and teachers of state governments. 7/2016/Fin, dated 20.01.2016 G.M. 01/01/2016, Dearness Allowance Order w.e.f. The existing system of fixed amount of HRA on the basis of different pay ranges will be dispensed with. The rate of DA is determined based on the Consumer Price Index (CPI) and is meant to protect the real value of wages and pensions against inflation. This follows the GST Council on Tuesday approving a flat 28% levy on online gaming. DA Hike News 2022: The dearness allowance for central government employees will be hiked from the existing 31 percent to 34 percent of basic pay. At present, employees are receiving a 7 percent dearness allowance. In rural Kerala, the official will earn Rs 24,200 per month including the minimum HRA of Rs 1,200. Expected DA Calculator from July 2021 - 7th Pay Commission News DA with effect from 1st January 2016. As a result, Central employees would receive a DA of 28 percent this month instead of 17 percent they were being paid. The person posting the comment will be in sole ownership of its responsibility. The Labour Bureau releases the most recent Consumer Price Index for Industrial Workers (CPI-IW) each month, which is used to calculate the dearness allowance for employees and pensioners. However, the government has to balance the need for a higher central government employees DA hike with its financial constraints, as the increased DA will put an additional financial burden on the government. Principal Secretary to Government (Finance). HDFC merger: Will home loan EMIs, interest rate change? This will amount to eleven percent. At the same time, state government staff are receiving a DA of 7 percent only even though they are eligible for 9 per cent. At present, employees are receiving a 7 percent dearness allowance. Enhanced rate of DA will be paid in cash from the salary for the month of March 2021 and arrears from January 2019 to February 2021 will be merged in the PF account. Grade I(Rs 70000 & above): Inside State - 600, Outside State - 750, Grade II(a)(Rs.59300-Rs.70000): Inside State - 500, Outside State - 650, Grade II(b)(Rs.39300-Rs.59300): Inside State - 500, Outside State - 650, Grade III(Rs.25100-Rs.39300): Inside State - 350, Outside State - 500, Grade IV(Rs.25100 & below): Inside State - 350, Outside State - 500. The conditions laid down in the G.O.read as 5th above shall be applicable while regulating Dearness Allowance/Dearness Relief undr these orders. Grade I Officers include those who draw an actual basic pay of 70000 and above, Heads of Departments, Private Secretaries to Ministers, and All India Service Officers irrespective of the pay drawn by them. Revised Rates of HRA 27%, 18% and 9% from 01.01.2021 - Finmin Orders 2021. The current DA rate for central government employees has been increased by 3 percent to 34 percent. G.O. G.O. Enhanced Dearness Allowance to Kerala Govt Employees and Dearness Relief to State Govt. 2Form 26AS or AIS: Which is more important document to file ITR? Where should I invest the money to get high returns? Pay Revision for University Employees - G.O. This increase will provide some relief to the employees, who have been struggling with the high cost of living in recent years. As for the current DA, it stands at 38%. Haris is Deputy News Editor (Business) at News18.com. 9. G.M. Kerala PG Medical . The DA chart for state govt. It is a part of the pension received by a pensioner. DA increases above the decimal point are not taken into account by the government. % of D.A Total D.A w.e.f Arrear from Arrear to Date on which the amount will be permitted to be withdrawn Drawn from the salary of Order No; 2: 2: 01/01/2004 IISER 2023 Application Form (Out), Exam Date, Eligibility, Pattern, Syllabus and Result. For the purpose of HRA, the total area of the State is divided into following . Vide Circular No.36/2021/Fin Dated 20/04/2021, modified the disbursement of DA arrear from 01/01/2019 to 28/02/2021 and it will be paid in cash along with April Salary/Pension in respect of Retired and Provident Fund closed employees. DA Calculator for Central Government Employees - GConnect 01/07/2014, Dearness Allowance Order w.e.f. The. This is equivalent to one month's salary. It takes into account the cost of living index and the basic salary of the employee to calculate the amount of DA that is payable to the employee. Now DA crossed 25%, i.e Central Government hiked dearness allowance to 28% for Central Government Employees, as per the Finance Ministry OM dated . They are receiving only 7% DA at present. Kerala :: Pay Revision Commission The government had decided to pay the pension revision arrears in 4 instalments two years ago during the salary-pension revision. With this, four instalments of the dearness allowance became arrears. 01/07/2013, Dearness Allowance Order w.e.f. 01/01/2013, Dearness Allowance Order w.e.f. The Central Government had merged 50% of the Dearness Allowance (DA) with the basic pay as of April 1, 2004. The full form of DA is Dearness Allowance. Freezing of Dearness Allowance to Central Government employees and Dearness Relief to Central Government pensioners at current rates . Pay Calculator for Kerala Govt Employees (xv) The Dearness Relief payable in respect of Ex-Chairman and Members of kerala public service Commission, will be enhanced as follows w.e.f 01.07.2017. dated 28.2.2007 or G.O. Minimum basic pay for Kerala government staff fixed at Rs 23,000 The Dearness Allowance (DA), cost of living adjustment allowance paid to Government employees is calculated as a percentage of an Indian citizen's basic salary to mitigate the impact of inflation on people. However, it did not provide the arrears so far. The following article explains the different grades of officers and the respective TA & DA they are entitled to. continued to be calculated using a reference to the AICPI (IW) average as of January 1, 1996, which was 306.33, without changing the index base as a result of the merger. The current rate of DA/DR for employees and pensioners is 42%. The minimum pension would be Rs 11,500 . The dearness allowance (DA) of Central and state government employees applicable from July to December this year has been increased by 3 percent as the national consumer price index has risen from 335 percentage points to 342.92. Although Central government employees were getting their DA in full 34 per cent as applicable till last June, the state government staff were not allowed a DA increase for more than one-and-a-half years. GO (P) No. 'BJP will grow in Kerala, with CPM's assistance', says Congress MP K Muralidharan, 'Engineering entrance exams to be online next year', says Minister R Bindu, 'GST rate on food in theatres to be reduced'; Finance Minister K N Balagopal, 'It's a tight slap on court'; Kerala HC slams police, 'Ministers should have comforted those responding emotionally'; govt should withdraw case against Fr Eugene Pereira, says V D Satheesan, 'Remember 2018 floods? If the train does not have I Class, II AC. Under Secretary to Government will be eligible for flight journey for official journey to New Delhi. Once the new DA rise is effected, the pending DA arrears would rise to 11 per cent. State govt likely to allot DA, pension arrears in budget - KERALA A decision on the DA hike is expected in a Union Cabinet meeting this week. The DA is usually reviewed and revised by the state government on a periodic basis and is based on the Consumer Price Index (CPI) and other economic indicators. In an office memorandum dated July 7, 2023, the Department of Public Enterprises mentioned the modified rates of DA payable to these employees. Govt have clarified vide circular No.35/2021/Fin Dated 15/04/2021, the frozen DA/DR w.e.f 01/01/2020 and 01/07/2020 for all Employees and Pensioners (UGC/AICTE /Medical Education) who are drawing ugc scale will be granted DA/DR only on restoration of the same by Government of India. Expected DA Calculator from July 2021 As per our earlier prediction, the Central Government today (21.10.2021) approved to release of the additional 3% of Dearness Allowance with effect from 1st July 2021 to Central Government employees and pensioners. Travelling Allowance(TA) & Daily Allowance(DA) rate for Government 4What are the new TCS rates for foreign remittances applicable from October 1, 2023, 5Use your salary perks and NPS to reduce tax by 52%, Choose your reason below and click on the Report button. The. It is commonly used by employers, employees, and HR departments to determine the employees compensation and benefits packages. 01/01/2012, Dearness Allowance Order w.e.f 01/07/2011, Dearness Allowance Order w.e.f 01/01/2011, Dearness Allowance Order w.e.f 01/07/2010, Dearness Allowance Order w.e.f 01/01/2010, Dearness Allowance Order w.e.f 01/07/2009, Dearness Allowance Order w.e.f 01/01/2009, Dearness Allowance Order w.e.f 01/07/2008, Dearness Allowance Order w.e.f 01/01/2008, Dearness Allowance Order w.e.f 01/07/2007, Dearness Allowance Order w.e.f 01/01/2007, Dearness Allowance Order w.e.f 01/01/2006, Dearness Allowance Order w.e.f 01/01/2005, Dearness Allowance Order w.e.f 01/01/2004. 7th Pay Commission: What is the Dearness Allowance (DA) rate hike This will be applicable only till such date of effect of option for pension Revision 2004, after which the Dearness Relief payable will be as indicated in para 2(xiii) above and after the date of effect of option for pension Revision 2009, Dearness Relief will be payable as indicated in para 2 (xii) above. . Only public sector employees are eligible for Dearness Allowance and Dearness Relief. 7th Pay Salary Calculator 42% DA. 01/01/2014, Dearness Allowance Order w.e.f. DA from July 2023 Online Calculator - IGECORNER No. 01-07-2017. (P) No.211/2011/Fin dated 07.05.2011. Kerala Service - DA Chart Latest Dearness Allowance of Kerala State Government Employee No. (Ms) No.414/2019/Fin dated 06.11.2019. DA Hike Update: Centre Raises Dearness Allowance For THESE Govt Employees The central government employees DA Hike have been demanding a higher DA hike for a long time, as the rising prices of essential goods and services have impacted their standard of living. 01/01/2020 and 36% and w.e.f. This is the rate as of July 2020. Download Current Affairs and GK app, , , For any feedback or complaint, email to: compliant_gro@jagrannewmedia.com, This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations.
Ohio State Fair Ride Accident, Nc Mountain Land For Sale Cheap, Articles C