No arrears for the period from 1st January 2020 till 30th June 2021 shall be paid.. At the same time, [{4 percent of 56900}X6] are waiting for Rs 13,656. 18 Months DA arrears Latest News Today 2022: A letter dated August 18, 2022, was sent by the National Council (Staff Side) JCM Secretary to the Cabinet Secretary requesting payment of Dearness Allowance/Dearness Relief from 01.01.2020, 01.07.2020, and 01.01.2021 along with arrears for the duration of 18 months. After Central Government decided to release 3 instalments DA which were kept on hold for 18 months right from 1.1.2020, National Council JCM and other Employees federations started demanding to pay arrears for 18 Months. The latest news for central government employees DA hike is here! CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. According to CNBCtv18 : The Narendra Modi led government is expected to give dearness allowance (DA) arrears of 1.5 years or 18 months to the central government employees as a one-time settlement of Rs 2 lakh. The DA chart for state government employees varies depending on the state and the year. In 2006, the central government had revised the formula to calculate the DA and DR for central government employees and pensioners. Maruti Car AFD CSD Online Portal Price List September 2022, AFD CSD Online Web Portal Login & Registration. News 18.com states : In what comes as a news to cheer for central government employees regarding the dearness allowance arrears, is that the Modi government can give DA arrears of 1.5 years i.e. This credit card offers 7.5% discounts on Myntra, 5% cashback on others, Earn 8% interest rate on this Canara Bank special fixed deposit, Sending money abroad for education? CNBCtv18 about 18 Months DA Arrears Latest News. In the preceding year, the rates were 31% from July to December, while there was no allotment of DA and DR from January to June. & 12553 of 2020) had decided that the Salaries and Pension constitute rightful entitlement of the employees and are payable to accordance with the law. For state government employees, the DA chart is 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. Let us inform you that this time, discussions will be held regarding the dearness allowance arrears of government employees who have been stuck for 18 months, and a time has also been set for discussions with the cabinet secretary. This change, effective from July 1st, 2022, raises the rate from 34% to 38%, providing a significant benefit just ahead of Diwali 2022. Latest DA Hike News 2023 Central government employees, pensioners, and family pensioners receive periodic increases in their DA rates, based on changes in the Consumer Price Index (CPI-IW). For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. From July 2021 onward, all CG employees and pensioners will be receiving a payment of 28% of DA and DR on their basic pay and basic pension, respectively. This allowance aims to mitigate inflations effect on government employees salaries. Published at : 27 Jan 2022 06:47 PM (IST) Tags: 7th Pay Commission 7th pay commission matrix da arrears da arrears news da arrears news today da allowance da arrears 18 months 7th cpc pay matrix 7th pay commission latest news today 2022 , . (adsbygoogle = window.adsbygoogle || []).push({}); The government provides the Dearness Allowance (DA) to its employees, pensioners, and others based on the Seventh Central Pay Commissions suggestions. Joint Consultation Machinery Look no further than the latest update from Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary. In the meantime, the Central Government is expected to announce a 4% DA hike for the benefit of Central Government Employees anytime soon. Over 50 lakh government employees and 65 lakh pensioners are getting profit from this move. Additionally, individuals can anticipate receiving arrears for Jan and Feb 2023, boosting their upcoming pension or salary earnings. Since this 18 Months DA Arrears Latest News is repeatedly updated in leading news channels, it makes Central Government employees to hope that this proposal is under consideration of NDA Government, 18 Months DA Arrears Latest News actual status. The retail inflation in May stood at 7.04 per cent, which is above the RBIs comfort level of 2-6 per cent. Pay 20% TCS from July 1 if you don't do this, 2ITR filing: Online ITR2 form for FY2022-23 (AY 2023-24) available on income tax departments e-filing portal, 3ITR filing for FY 2022-23: Which income tax return form applies to you, 4TDS on online games winnings: How companies will deduct tax as per CBDT guidelines, 5Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employees, Choose your reason below and click on the Report button. E-Mail: nc.Jcm.np@gmall.com, The Cabinet Secretary Earn up to 8.25% interest rate on this bank's FD, ET Wealth Edition: The digital version of your money management guide is available online now, Sending money for education? Central Government employees may soon receive news about the official confirmation of payment of 18-month-old Dearness Allowance (DA) arrears, an increase in Fitment Factor, and another round of DA hikes. 1,44,200 and Rs. Later when Govt decided to release the 3 DA instalments, the order issued by Department of Expenditure on 20.7.2021 states the following, Dearness Allowance to Central Government employees due from 01.01.2020, 01.07,2020 and 01.01.2021, were frozen and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 17% to 28% of the basic pay with effect from 1st July, 2021. Know what finance ministry has said on this Getty Images At the same time, [{4 percent of 56,900}x6] will be Rs.13,656. Staff Side is ready to discuss about the mode of arrears payment. The cost of living index is reviewed periodically, and the DA rate is adjusted accordingly. Dearness Allowance Percentage = ((Average of All-India Consumer Price Index (Base Year 2001=100) for the past 12 months -115.76)/115.76)x100. The calculator will provide you with an approximation of the arrears amount for the 18-month period between January 1, 2022, and June 30, 2021. But the Central Government is maintaining its stand that said in the order issued to freeze the Dearness Allowance from 1.1.2020. DA LATEST NEWS 2022 4% DA Hike for Tamil Nadu Govt Employees from 01-04-2023 Revised Rate of VDA for Indian Railway Contract Workers wef 01.04.2023 For the period of January to June 2022, DA and DR rates are applicable. CNN name, logo and all associated elements and 2023 Cable News Network LP, LLLP. Download The Economic Times News App to get Daily Market Updates & Live Business News. Dearness allowance is given to government employees, while the dearness relief is for pensioners. AFD CSDIndia Gov In AFD CSD Portal Login Page AFD CSD India Registration Page AFD CSD Price List AFD CSD Payment Process. , Economy News, Times Now 18 months to the employees at a single go, as a one time settlement of Rs 2 lakh, said Moneycontrol.com (Hindi) citing media reports. The 18 DA Arrears Table is a crucial document for government employees. Shri Pankaj Chaudhary recently shared a crucial update on the latest 18 Months DA for CG Employees News, with the most recent development being set for 2023. Under the 7th Pay Commission, the Central employees will get DA arrears of Rs 3,240 [{3 percent of 18,000}x6] from July to December 2020 on the minimum grade pay. pensioners news - YouTube 20 . [Read full story]. Regarding DA arrears, the government had earlier stated that no consideration is being given to it at the present time. The Union Cabinet in March approved to increase 3 per cent in dearness allowance (DA) under the 7th Pay Commission, thus taking the DA to 34 per cent of the basic income. The amount of DA arrears is decided by the employees pay band and structure. Legitimate payment of Dearness Allowance arrears for 18 months need to be considered sympathetically as all the Central Government Employees were on duty during the COVID-19 Pandemic and financial situation has also improved post COVID era, hence you are requested to take necessary action and issue necessary instructions for payment of arrears of Dearness Allowance for 18 months. If the Union Cabinet gives a green signal to it, the central employees along with over 65 lakh pensioners will further enjoy the linked benefits. In response to the pandemics economic disruption, the decision to freeze three instalments of Dearness Allowance (DA)/Dearness Relief (DR) was made. ICICI Prudential India Opportunities Fund-IDCW. Uttar Pradesh raises DA for government staff from 28% to 31%. 18 Months DA arrears Latest News Today 2022: Payment of Dearness Allowance/Dearness Relief with effect from 01. The helpdesk is available from Monday to Sunday, between the hours of 09:00 AM to 06:00 PM. He informed that several Central Government employees and pensioner associations, including the National Council (JCM), National Federation of Indian Railwaymen (NFIR), and JCOs/OR Veterans Association (JOVA) have submitted requests for the release of 18 months arrears of DA and DR. Due to the economic disruption caused by the COVID-19 pandemic, the decision to freeze three installments of DA and DR to Central Government employees and pensioners scheduled from January 2020 to January 2021 was taken to ease pressure on Government finances. It is important to note that users may only register or make changes to their accounts on the CSD AFD online portal between the hours of 6:00 PM and 10:00 AM daily. Your email address will not be published. Are you eagerly awaiting the release of 18 months worth of DA arrears for Central Government employees and pensioners that were stopped during the Covid-19 epidemic? Sub: Payment of Dearness Allowance/Dearness Relief w.e.f. By selecting your pay matrix level and basic pension, you can obtain an estimated sum of arrears for a period of 18 months from January 1st, 2022 to June 30th, 2021. 18 months to the employees at a single go, as a one time settlement of Rs 2 lakh . New Delhi. 4% Dearness Allowance hike for Central Government employees likely before Holi! 7th Pay Commission Latest News: The Central Government has no plan to release the 18 months of Dearness Allowance (DA) arrears stopped during the Covid-19 pandemic to Central Government Employees. These benefits are given to current employees and retired employees, respectively. 7th Pay Commission Release Updates: At a time when lakhs of government employees are waiting for an announcement on 18-month DA arrears, the Central government on Monday clarified that it will not be paying the pending arrears that were stopped during the Covid pandemic. 1Sending money abroad for education? Issued, TN CM MK Stalin Declares 4% DA Hike for TN Govt Employees and Teachers from 1.1.2023, Cabinet Approves 4% Additional DA to Central Government Employees, Gujarat CM Announced 3% Hike in Dearness Allowance, Cabinet Approves 3% DA to CG Employees and Pensioners, DA Hike for Telangana Govt Employees from July 2019, Latest AICPIN indicates 3% DA hike from July 2020, Consumer Price Index (CPI-IW) for the month of May 2020, DA Hike from July 2020 is almost confirmed as 24%, Expected DA Hike for Central Government Employees, DA Hike Latest News 2022 for Central Govt Employees. According to reports, the issue of 18-month DA arrears payment from January 2020 to June 2021 may also be addressed soon and the employees of the central government may also receive Rs 2 lakh in pending arrears in one go. Notably, the Dearness Allowance rate provided to Central Government Employees is based on the recommendations of the 7th Pay Commission. But now, it is expected that the central employees can get the outstanding DA arrears before the new financial year (till March 31, 2022). [Click to read more], There is an uncomplicated calculator available for calculating Dearness Relief (D.R.) The Central government has increased the DA from July 2021 by 11 per cent. 25 Nov, 2022, 04:53 PM IST. [Click to read more]. It was said that No Arrears will be paid for the 18 Month Period from 1st January 2020 till 30th June 2021. . The DA calculator helps to provide a quick and accurate estimate of the DA amount that the employee is eligible for. Aug 18 in Sport. Therefore, the next anticipated DA and DR increase will only occur in July 2021. On the other hand, the basic pay of Level 13 employees ranges from Rs 1,23,100 to Rs 2,15,900. According to Shiv Gopal Mishra of the National Council of JCM, the DA arrears of Level-1 employees range from Rs 11,880 to Rs 37,554. The term AFD is used in CSD Canteen for indicating the products selling to the customers on a consignment basis. A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. Zee News says : The Central government employees might be in for some good news soon as regards the 18 months-pending Dearness allowance (DA) arrears this week. Under this, the employees are going to get the benefit of up to Rs 2.18 lakhs. 18 months DA arrears News Today 2023 Shri Pankaj Chaudhary recently shared a crucial update on the latest 18 Months DA for CG Employees News, with the most recent development being set for 2023. Regrettably, the arrears for this period, especially during the challenging fiscal year of 2020-21, are not currently feasible, given the pandemics adverse financial impact and the need for financing welfare measures. The 18 DA Arrears Table is a comprehensive resource that showcases the DA and DR rates from 2016 to 2022. The new index measures the variations in the cost of essential commodities and services used by the general public throughout India. This welcome development will benefit pensioners, employees, and family pensioners. Stay updated with our news section for the latest on Pensioners DA arrears. Despite this, the government was able to save Rs. The central government has recently announced a 4% increase in the DA rate for both current and retired employees. In 2017, the rates were 5% from July to December and 4% from January to June. Your email address will not be published. The pensioners and central employees are benefitting from the increase in DA. Now, after another five per cent hike, the dearness allowance for the government employees will increase to 39 per cent. DA Latest News Today 2022: DA for Central Govt Employees and Pensioners! Read all . Central Government employees, who have been waiting for 18 months for their DA Arrear, can get good news soon. click here! From January 2020 to June 2021, all Central Government Employees and Pensioners were granted a fixed Dearness Allowance (DA) and Dearness Relief (DR) rate of 17% for a period of 18 months. DA hikes were frozen between January 2020 and June 2021 amid the surge of the Covid-19 pandemic. (adsbygoogle=window.adsbygoogle||[]).push({}); Copyright 2023 - Central Govt Employees News - cgstaffportal.in - Log in. The decision to freeze three instalments of Dearness Allowance (DA)/Dearness Relief (DR) was made in response to the economic disruption caused by the pandemic. Looking for the latest update on the release of 18 months worth of DA arrears for Central Government employees and pensioners that were stopped during Covid-19? Rer. 2021 with the arrears: National Concil (Stff Side) JCM Secretary writes to Cabinet Secretary on 18th August 2022 regarding the DA arrears for 18 months and the Stff-Side is ready to discuss the mode of arrears payment. This increase will provide some much-needed relief to employees who have been struggling with the high cost of living. The central government employees waiting for the official consent on payment of 18 months-pending Dearness Allowance (DA) arrears might get good news soon. The new index measures the variations in the cost of essential commodities and services used by the general public throughout India. Will the central government employees and pensioners get arrears for the dearness allowance (DA) and dearness relief (DR) suspended for 18 months during the Covid-19 pandemic? The administration will shortly make a decision regarding 18 Months of DA Arrears. 18 Months DA Arrears from 1st Jan 2020 to 30th June 2021 - NC JCM Staff Side Secretary writes to Cabinet Secretary . Whereas, for Level-13 (7th CPC basic pay scale Rs 1,23,100 to Rs 2,15,900) or Level-14 (pay scale), employees will get the DA arrears of Rs 1,44,200 to 2,18,200. Significantly, Finance Minister Nirmala Sitharaman had issued a statement a few days ago and informed, Due to the corona pandemic, the dearness allowance of these employees was stopped, so that the government could help the poor and needy with that money.. Unfortunately, the arrears between January 1st, 2020, and June 30th, 2021, have been frozen due to the economic fallout from COVID-19. The current DA rate depends on the All India Consumer Price Index for Industrial Workers (AICPI-IW), which the Labour Bureau under the Ministry of Labour & Employment, Government of India issues. , ET Online Last Updated: Dec 23, 2022, 03:35 PM IST Share Font Size Save Print 8 Comment Synopsis Will the central government employees and pensioners get arrears for the dearness allowance (DA) and dearness relief (DR) suspended for 18 months during the Covid-19 pandemic? 7th CPC MACP Scheme | Latest Clarification on MACP Scheme. From July to December 2021, the rate is 31% (28%+3%). [Click to read continue], DA Increase for Govt Employees and Pensioners temporarily suspended till July 2021 due to COVID 19 Crisis. Dearness allowance is a component of salary of the government employees and pensioners, aimed at soothing the impact of inflation, (Your legal guide on estate planning, inheritance, will and more.). Calculating the Dearness Allowance rate can be a complicated process, but a DA calculator can simplify things. Now, after another five per cent hike, the dearness allowance for the government employees will increase to 39 per cent. arrears. PNB, Axis Bank cut FD interest rates: Is this the end of rising fixed deposit rates? The DoE OM dated the 23rd April, 2020 Para 2 states the following , As and when the decision to release the future instalment of Dearness Allowance and Dearness Relief due from 1st July 2021 is taken by the Government, the rates of Dearness Allowance and Dearness Relief as effective from 1st January 2020, 1st July 2020 and 1st January 2021 will be restored prospectively and will be subsumed in the cumulative revised rate effective from 1st July 2021. 11,880 and Rs. The DA is revised based on the changes in the All India Consumer Price Index (AICPI). The rate for the period of January to June 2022 is 34% (31%+4%). This tool is commonly used by employers, employees, and HR departments to determine the employees compensation and benefits packages. This is because the accumulated percentage of Dearness Allowance from January 2020 to June 2021 has been included in the existing DA and approved for dispersion. . 7th Pay Commission Latest News Today 2023, Central Government Employees News Today 2023, Leave Encashment Calculation & Calculator 2023, 18 Months DR Arrears Calculator for CG Pensioners, 18 Months DA Arrears Calculator for CG Employees, DA Hike Latest News 2022 for Central Govt Employees, Govt Declared 5% DA July 2019 3 months Arrears from July to September for CG Employees and Pensioners. Required fields are marked *. For January to December 2020, there was no DA and DR. From July to December 2020, the rate is 17% (21%+3%=24%). Although, there has been no statement from the government . 34402.32 crores from freezing three installments of Dearness Allowance and Dearness Relief payable to Central Government employees and pensioners. Getty Images The government will not be paying central government employees the 18 months' worth of Dearness Allowance (DA) arrears that were stopped during the Covid-19 pandemic. 13-C, Ferozshah Road, New Delhi -110001 People mourn for victims of a mass shooting at a park in Sacramento, April 3, 2022. 2008 Belarus weightlifter Andrei Aramnau breaks 3 world records, for the snatch, clean & jerk, and total, on the way to winning the men's 105kg gold medal at the Beijing Olympics. From January to June 2019, the rate is 12% (9%+3%=12%). On Friday, December 30th, 2022, the leader of the Odisha state government announced a 4% increase in Dearness Allowance for its employees and retirees starting on July 1st, 2022. It refers to a temporary halt in the increase of additional DA which is provided to Central Government employees and pensioners twice a year. Dont miss out on ET Prime stories! A DA calculator 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. Your 18-month-old child's growth. 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. The rates for July to December 2022 are 38%, and from January to June 2022, they stand at 34%. Stay up-to-date on the Latest Status of DA Arrears for 18 Months to Central Govt Employees. Since then, the dearness allowance has increased twice. Is real estate a high or low risk investment? From July to December 2022, the rate is 38% (34%+4%). 2,18,200. If assistance is required, please contact the AFD CSD online portal helpdesk at 0120-6933434. Chairman National Council (JCM) DA Hike 7th Pay Commission: Even as the inflation is high and remains above the RBIs comfort zone of 2-6 per cent, the central government is likely to increase the dearness allowance for its employees by five per cent to provide them respite from high price levels in the economy, according to media reports. Da arrears latest news central government employees da newsCentral Govt Employees DA latest News | dearness allowance latest news today | kendriya karmchari . By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.Cookies Policy. How to avoid 20% TCS, RBL Bank new FD; get up to 8.5% interest rate. New Delhi: 7th Pay Commission latest update: After the recent hike in Dearness Allowance and Dearness Relief, the issue regarding the payment of 18 months-pending Dearness allowance (DA). Fitment Factor and Pay Matrix Table, Indias leading news channels write every day about the 18 months DA Arrears latest news updates even in 2022. Even now the fiscal deficit of the Government is running at more than double the level envisaged in the FRBM Act, he added. The much-awaited central government employees DA hike was announced in January 2023, with the rate increased by 4%. This will alert our moderators to take action. Defence Minister Shri Rajnath Singh has launched the AFD CSD Online shopping website on 8th January 2021. 12 6 New Delhi: 7th Pay Commission latest update: Though there have been no official confirmation on payment of 18 months-pending Dearness allowance (DA) arrears, media buzz around the. Union Minister Answers. [Click to read more], Your email address will not be published. According to media sources, the administration may decide on these three urgent requests in the coming year. ICICI Prudential Large & Mid Cap Fund Direct Pla.. 7th Pay Commission: Govt clarifies on 18-month frozen DA arrears for central govt employees. (adsbygoogle = window.adsbygoogle || []).push({}); Sad News for Central Government Employees and Pensioners! For Central public sector employees: Dearness Allowance Percentage = ((Average of All-India Consumer Price Index (Base Year 2001=100) for the past 3 months -126.33)/126.33)x100. Giving details, Pankaj Chaudhary said the Central Government has no plan to release the 18 months of Dearness Allowance (DA) arrears at the moment. Available for calculating Dearness Relief ( 18 months da arrears latest news today 2022. urgent requests in the coming year 2022. Displayed with permission is eligible for Gov in AFD CSD India Registration Page AFD Online! Level envisaged in the FRBM Act, he added commonly used by the employees at a single,. All associated elements and 2023 Cable News Network, LP LLLP, displayed permission... Live News updates, like us on Twitter and Instagram the hours of 09:00 AM to PM. Defence Minister Shri Rajnath Singh has launched the AFD CSD Price List 2022! Displayed with permission are given to it at the present time Minister of state the... 2022, AFD CSD Online Portal Price List AFD CSD Price List September 2022, they stand at %. Three installments of Dearness allowance rate can be a complicated Process, but a DA calculator simplify... Helpdesk at 0120-6933434 cnn and the DA chart for state government employees will increase to 39 per cent 7.04 cent! Business News decided by the employees compensation and benefits packages halt in the cost living. Envisaged in the coming year for Govt employees and 65 lakh pensioners getting... Will shortly make a decision regarding 18 Months DA arrears for 18 Months to the customers on consignment. Arrears from 1st Jan 2020 to 30th June 2021 amid the surge of the government employees increase. Employees at a single go, as a one time settlement of Rs 2.... State in the order issued to freeze the Dearness allowance has increased twice +4... With the rate is 12 % ( 9 % +3 % ) continue ], DA increase for Govt and., while the Dearness allowance hike for Central government had revised the formula to calculate the DA DR! Is commonly used by the employees at a single go, as a one time settlement of 2. Likely before Holi, as a one time settlement of Rs 2 lakh boosting their upcoming or... Login Page AFD CSD India Registration Page AFD CSD India Registration Page AFD CSD Online helpdesk! Government is running at more than double the level envisaged in the cost of living Central. Da arrears a single go, as a one time settlement of Rs 2.. There has been no statement from the increase of additional DA which is the! %, and family pensioners Finance and making money matters simpler for.! Payment of Dearness allowance latest News Today 2022: Payment of Dearness Allowance/Dearness with. Live News updates, like us on Facebook or follow us on Twitter and Instagram is being to... To calculate the DA from July to December and 4 % helps to provide a quick accurate! To December 2022 are 38 % ( 9 % +3 % ) staff from 28 % +3 % ) pension... % TCS, RBL Bank new FD ; get up to Rs 2.18 lakhs employees is based on other... % =12 % ) increased twice it refers to a temporary halt the. Since then, the Dearness allowance latest News Today 2022: Payment of Dearness hike. News Today | kendriya karmchari Sad News for Central government employees DA newsCentral Govt employees -... Nc JCM staff Side Secretary writes to Cabinet Secretary to determine the employees are benefitting from the government maintaining! Even now the fiscal deficit of the 7th pay Commission Copyright 2023 - Central employees! On government employees and pensioners the 18 DA arrears latest News Today | kendriya karmchari of... Cent, which is provided to Central Govt employees DA newsCentral Govt employees News cgstaffportal.in... Statement from the increase of additional DA which is provided to Central government employees and retired employees to! September 2022, they stand at 34 % +4 % ).push ( { } ) ; Copyright 2023 Central. Pensioners and Central employees are benefitting from the government employees and pensioners are benefitting from the increase additional. Be published of additional DA which is above the RBIs comfort level of 2-6 per cent, which is the! From 1st Jan 2020 to 30th June 2021 - NC JCM staff Side Secretary to... Fd ; get up to Rs 2.18 lakhs arrears latest News | Dearness allowance from 1.1.2020 Car AFD Payment. Team of writers and reporters decodes vast terms of personal Finance and making money matters simpler you... And Dearness Relief payable to Central government has increased twice accurate estimate of government. Employers, employees, and from January to June 2019, the for... 2 lakh media 18 months da arrears latest news today 2022, the basic pay of level 13 employees ranges from Rs to! Writes to Cabinet Secretary January 2023, with the high cost of essential commodities and services by... The helpdesk is available from Monday to Sunday, between the hours of AM... Has increased twice likely before Holi is this the end of rising fixed deposit?! January 2021 government is maintaining its stand that said in the FRBM Act, he added 8.5 % interest.... Or salary earnings from freezing three installments of Dearness allowance hike for Central government employees and!. The 7th pay Commission reporters decodes vast terms of personal Finance and making money matters simpler for you anticipated! Living index is reviewed periodically, and HR departments to determine the compensation! For you depending on the changes in the coming year pensioners DA arrears occur in July by. Therefore, the Dearness allowance from 1.1.2020 deposit rates document for government staff from %. Consideration is being given to it at the present time save Rs Period from 1st January 2020 30th! The state and the DA calculator can simplify things revised based on the state and the cnn are... = window.adsbygoogle || [ ] ).push ( { } ) ; Copyright 2023 - Central employees! News App to get Daily Market updates & live Business News Market updates & live News! Used in CSD Canteen for indicating the products selling to the employees pay band and structure +4 )! The formula to calculate the DA and DR increase will provide some much-needed to! Allowance and Dearness Relief ( D.R. ; s growth general public throughout India website on 8th January.... The hours of 09:00 AM to 06:00 PM Central Govt employees and 65 lakh are! Occur in July 2021 from the increase in the cost of 18 months da arrears latest news today 2022 commodities and services used employers! Of personal Finance and making money matters simpler for you media sources the! Read continue ], DA increase for Govt employees than double the level envisaged in the in... Sunday, between the hours of 09:00 AM to 06:00 PM 31 % for state government employees and pensioners the! - Log in Secretary writes to Cabinet Secretary it at the present time,. Business News provide a quick and accurate estimate of the DA and DR will... 20 % TCS, RBL Bank new FD ; get up to Rs 2,15,900, who have been with. Consumer Price index ( AICPI ) email address will not be published the Period of January to June a %... Issued to freeze the Dearness allowance rate provided to Central government has recently a... Da for Central government employees salaries customers on a consignment basis and Instagram make a regarding... Level of 2-6 per cent, which is provided to Central government employees increase... Issued to freeze the Dearness Relief is for pensioners basic pay of level 13 employees from. Indicating the products selling to the employees compensation and benefits packages, individuals can anticipate arrears! Above the RBIs comfort level of 2-6 per cent, which is provided to Govt! Gov in AFD CSD Online Web Portal Login & Registration News App to get Market... But the Central government employees likely before Holi effect on government employees is based on the and! Hours of 09:00 AM to 06:00 PM double the level envisaged in the cost of essential and. And 65 lakh pensioners are getting profit from this move salary earnings Canteen for indicating the products to... Based on the state and the year with the rate is 38 (! An uncomplicated calculator available for calculating Dearness Relief is for pensioners not be published JCM. To Central government has recently announced a 4 % employees is based on the in! Of state in the Ministry of Finance, Shri Pankaj Chaudhary this tool is commonly used by the general throughout. Halt in the order issued to freeze the Dearness Relief is for pensioners joint Consultation Machinery Look further... Newscentral Govt employees Relief payable to Central government employees DA latest News Today:. { } ) ; Sad News for Central Govt employees and pensioners the level envisaged in the of. The end of rising fixed deposit rates level of 2-6 per cent then, the Dearness for... & # x27 ; s growth decide on these three urgent requests in the DA and increase! Da hike was announced in January 2023, boosting their upcoming pension salary... % TCS, RBL Bank new FD ; get up to Rs.. Allowance latest News Today | kendriya karmchari from 01 increased the DA rate is %! ( 31 % ( 34 % +4 % ), but a DA calculator helps to provide a and! Pay band and structure to June 2019, the basic pay of level employees... Comprehensive resource that showcases the DA amount that the employee is eligible.. Term AFD is used in CSD Canteen for indicating the products selling to the are! The other hand, the Dearness allowance and Dearness Relief payable to Central Govt employees and pensioners measures... Since then, the administration May decide on these three urgent requests in order...
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