Grant of Dearness Relief to Railway pensioners/family pensioners—Revised Rates effective from 01.07.2023

GOVERNMENT OF INDIAMinistry of RailwaysRailway Board PC-VII No.- 211 RBE No: 121/2023 File No. PC-VII/2016/1/7/2/3 New Delhi, dated: 07.11.2023 The General Manager/CAOs(R),All Zonal Railways & Production Units,(As per standard mailing list) Sub: – Grant of Dearness Relief to Railway pensioners/family pensioners—Revised Rates effective from 01.07.2023. A copy of Office Memorandum No. 42/04/2023-P&PW(D) dated 27.10.2023 of … Read more

How to Calculate Dearness Allowance 2024 – A Simple Formula

DEARNESS ALLOWANCE 2024

Dearness Allowance (DA) is a salary element designed to offset inflation’s effect on employees’ buying power. It’s calculated using the average All India Consumer Price Index (AICPIN) for Industrial Workers over 12 months. DA calculation involves subtracting 90.76 from this average, multiplying by 100, and dividing by 90.76.

Tamil Nadu Government Announces 4% Dearness Allowance Hike for Its Employees

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.

Expected Dearness Allowance From January 2024

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

DA Hike of 212%-221% Announced for Railway Employees in 6th CPC Grade Pay

GOVERNMENT OF INDIAMINISTRY OF RAILWAYS(RAILWAY BOARD) S. No. PC-VI/409 RBE No. 58/2023 No. PC-VI/2008/I/7/2/1 New Delhi, Dated 20 .04.2023 The GMs/CAOs(R), All Zonal Railways & Production Units, (as per mailing list) Sub: Rate of Dearness Allowance applicable w.e.f. 01.01.2023 to those Railway employees who continue to draw their pay in the pre-revised pay scale/ grade … Read more