Public sector banks are likely to start building up provisions for next wage revision starting December 2012. The Indian Banks Association has sent this proposal to the Reserve Bank of India (RBI) seeking the regulator’s approval. The RBI had asked banks to make advance provisions because bank P&Ls show too much volatility at times […]
Dearness allowance news
Stay informed about the latest Dearness Allowance (DA) news and updates. Learn about the DA order and how it affects government employees' salaries. Keep up-to-date on any changes and announcements regarding DA rates and implementation.
Expected da from July 2011
Expected da from July 2011 We feel features, expectations and calculations are on the forefront for most of the central government employees regarding the additional Dearness Allowance from July, 2011 to be announced soon. There will be no change in the 7% DA unless a huge change takes place in the month of June AICPIN […]
7% Rise in DA/DR for Central Government Employees/Pensioners w.e.f 1st July 2011
7 Percent Rise expected in DA / DR wef 1-7-2011 7% Rise in DA/DR for Central Government Employees/Pensioners w.e.f 1st July 2011 1. For all the Central Government Employees/pensioners, there would be a rise of 7% in DA IDR to, which would result in the overall DA I DR of 58% from 1.7.2011 – as […]
Arunachal govt employees to get additional 6% DA
The Arunachal Pradesh government has decided to release an additional 6% Dearness Allowance (DA) for its employees and pensioners with effect from January this year. "Keeping in view the rising costs of daily living and the consequent hardships experienced by the employees, the government has decided to increase the DA to 51% from the […]
Likely Dearness Allowance for July 2011 for Central Employees.
Likely Dearness Allowance for July 2011 for Central Employees. Though it is very early to predict the D.A. for July 2011 at this point of time, we are being flooded by queries in this relation. It may be realized that D.A. is complete based on arithmetical calculation on All India CPI (IW) (Base 2001=100), the […]