What will be the DA rate in July 2021?
In July 2021, the Centre hiked the DA by 11 per cent to 28 per cent. It was earlier paid at the rate of 17 per cent. And in October, the DA was hiked to 31 per cent.
What is DA for Punjab govt employees?
CHANDIGARH: Acceding to the demand of the state government employees and pensioners, the Punjab cabinet on Monday decided to enhance the dearness allowance (DA) by 11% , taking it to 28% from 17%. The hike will be implemented retrospectively from July 1, 2021.
What is DA rate in Punjab?
Punjab announces 11% hike in DA. he Punjab government on Monday increased the dearness allowance of its employees to 28% of the basic pay from the current 17%, putting an additional burden of ₹440 crore per month on the exchequer.
Has govt increased DA?
Consumer Price Index with base 2016=100 for the month of January 2021, which is 118.2, can be converted to CPI with base 2001=100 by multiplying it to the linking factor. The DA for central government employees and pensioners will be 34, a 3% increase as compared to the current DA rate of 31%.
What is expected DA from Jan 2022?
As per the approved formula for DA calculation, the rate of Dearness Allowance to be paid to all central Government Employees with effect from January 2022 will be 34%.
How is da calculated?
DA calculation is very simple. The current rate of Dearness allowance multiply with your basic salary is Dearness allowance. For example, the existing rate of percentage is 12%, if your basic salary is Rs. The DA is (49000 x 12) /100.
What is Da rate from July 2016?
Dearness Allowance Rates (DA Rates)
| Effective Rates | Rates of DA | |
|---|---|---|
| 01.07.2014 | 107% | DA OM |
| 01.01.2015 | 113% | DA OM |
| 01.07.2015 | 119% | DA OM |
| 01.01.2016 | 125% | DA OM |
What is the rate of DA in 7th Pay Commission?
DA and DR Restored from 1.7.2021 So, now the current DA is 31%.
What will be expected DA from January 2022?
As per the approved formula for DA calculation, the rate of Dearness Allowance to be paid to all central Government Employees with effect from January 2022 will be 34%. Now the AICPIN for December 2021 also was released by Labour bureau on 31.1. 2022.