The Tamil Nadu government has raised the Dearness Allowance (DA) for its employees by 4%. The move, which benefits thousands of employees and retirees, aims to offset inflation and the rising cost of living. This increase, recommended by the Pay Commission, also stimulates economic growth by boosting disposable income and spending. Employee associations have welcomed the decision.
The Ministry of Finance, Department of Expenditure, Government of India, has issued an Office Memorandum regarding the regulation of remuneration in case of contract appointment of Central Government employees. This memorandum, dated 18th October, 2023, supersedes the previous memorandum issued on 9th December, 2020 No. 03-25/2020-E.III(A) / Pt Government of India Ministry of Finance Department … Read more
CBDT’s Update on Processing Refund Claims: Extended Deadline The Central Board of Direct Taxes (CBDT) has recently issued an order regarding the processing of refund claims under the Income-tax Act, 1961. This order highlights the extension of the timeframe and its significance. The CBDT, in its order dated 05.07.2021 and 30.09.2021, relaxed the timeframe prescribed … Read more
The Department of Personnel and Training (DoPT) has recently made some modifications to the instructions on booking air tickets for government employees in respect of Leave Travel Concession (LTC). These modifications aim to address the concerns raised by government employees regarding the settlement of claims, particularly for those who have not retained the screenshot of … Read more
Dearness Allowance 2024 Dearness Allowance (DA) is an important component of the salary for government employees in India. It is a cost of living adjustment allowance that is calculated as a percentage of the basic salary to mitigate the impact of inflation on the purchasing power of employees. The DA is revised twice a year, … Read more