What is the DA for 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 the DA rate from January 2021?
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%.
Is DA increase in January 2021?
The government increased the DA by 11 per cent, which was due from January 1, 2020, July 1, 2020, and January 1, 2021.
How is DA calculated in salary?
The Dearness Allowance (DA) of Central government employees is updated two times a year between January and July. The DA is calculated by multiplying the current rate of dearness allowance by the base wage. DA is given to government workers, public sector employees, and pensioners.
Will DA increase in September 2021?
AICPI data suggested that the DA is payable at a 31 per cent rate given that the index for June 2021 increased by 1.1 points, leaving the final number at 121.7. The DA hike which was expected to be announced sometime in the month of September 2021, will be applicable most likely for the first half of 2021.
What is expected DA rate from July 2021?
What is the DA percentage in July 2021? The exact percentage of Dearness Allowance from July 2021 for Central Government employees, pensioners and family pensioners is now 31%.
What is the expected DA from 2021?
The newly revised DA percentage from 1st July 2021 is 28%….1st July 2021: 3% + 28% = 31% (Expected)
|Expected DA from July 2021 Calculation|
|M/Y||Enter AIPCIN||App. DA %|
Which month does DA increase?
Dearness allowance is generally increased twice a year, in January and July, and all employees are going by this trend to anticipate the hike. 1.
Who is eligible for dearness allowance?
Only public sector employees are eligible for DA. Both public and private sector employees are eligible for House Rent Allowance. No tax exemptions are available in case of DA.
What is the difference between dearness allowance and dearness pay?
Difference Between DA and HRA DA or dearness allowance is calculated as a specific percentage of the basic salary which is then added to the basic salary along with other components like HRA (House Rent Allowance) to make up the total salary of an employee of the government sector.
How much did DA increase from July 2021?
1/1/2020-E-II (B) dated 20th July, 2021 on the subject mentioned above 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 28% to 31% of the Basic Pay with effect from 1st July, 2021.
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.
What is the dearness allowance for central government employees from July 2021?
Cabinet approves 3% DA to Central Government Employees from July 2021: The Union Cabinet Committee approves another instalment of a 3% Dearness Allowance hike for central government employees. The total DA increased to 31% (28% + 3% = 31%).
How Dearness Allowance is calculated?
Dearness allowance is calculated on the basis of current basic pay and the dearness relief is calculated on the basis of basic pension. Cabinet approves 3% DA to Central Government Employees from July 2021: The Union Cabinet Committee approves another instalment of a 3% Dearness Allowance hike for central government employees.
What is the Dearness Allowance freeze for CG employees?
The Government of India has decided recently to freeze the additional Dearness allowance and Dearness relief to CG employees and pensioners from January 2020 to June 2021 (18 months for 17% DA) due to the Covid-19 Coronavirus pandemic crisis. [ Click to view the Finmin Order ]
What is the 7th CPC rate of Dearness Allowance?
7th CPC Fitment Factor = 261.4 The current rate of Dearness Allowance (DA) is 28% (As per Cabinet Decision Updated on 14.07.2021) The current rate of Dearness Relief (DR) is 28% (As per Cabinet Decision Updated on 14.07.2021) 5th CPC, 6th CPC and 7th CPC DA RATES TABLE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS