Can I read Cabinet Approves 4% DA Increase for Employees on EtoBox?
Cabinet Approves 4% DA Increase for Employees by Ankesh is a document available to read on EtoBox.
What is Cabinet Approves 4% DA Increase for Employees about?
The Union Cabinet approved releasing an additional 4% installment of Dearness Allowance and Dearness Relief effective January 1, 2020 to compensate for rising prices. This will increase payments from 17% to 21% of basic pay/pension and cost the exchequer Rs. 12,510.04 crore annually, benefiting over 48 lakh employees and 65 lakh pensioners. The increase follows the 7th Central Pay Commission
- Author
- Ankesh
- Language
- EN