Dearness Allowance (DA) 2010 for central govt employees approved to 8% hike by Cabinet today on March 19, 2010 keeping in view high inflation in the past six months. The union government increased the dearness allowance for central government employees and pensioners by eight percentage points to compensate for price rise.
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- Dearness allowance 2010 increased 8 percent -DA for central government employees Jan 2010 1 year 48 weeks ago
Today the cabinet announced an eight percent increase in the dearness allowance of government employees and pensioners for 2010.Information and Broadcasting Minister Ambika Soni said that – ” The cabinet approved an eight per cent increase in the dearness allowance of government employees and dearness relief of pensioners with effect from Jan 1, 2010,
- Govt hikes dearness allowance for employees 2 years 23 weeks ago
The government today announced a five per cent increase in the dearness allowance for the central government employees and pensioners, with retrospective effect from July this year, entailing an outgo of about Rs 2,904 crore this fiscal.
- Dearness Allowance raised by 6% for government employees 2 years 51 weeks ago
On last day of the Parliament just before the elections, the government has gift for its employees. The Cabinet has announced a six per cent hike in the Dearness Allowance for all its employees.This increase will become effective from Jan 1 2009. There is also a possibility of a cut in fuel prices that could be announced later in the day.
- Cental Government Staff gets Hike in Dearness Allowance by P Chidambaram 2 years 51 weeks ago
P Chidambaram, Home Minister, at the Cabinet briefing today said the Cabinet has approved a 6% hike in the Dearness Allowance for central government staff and added the hike would cost Rs 3,500 crore. The government has also agreed to ease states' fiscal gap target to 3.5% versus 3% in FY10, he said.
- Govt hikes dearness allowance by 8% 1 year 48 weeks ago
The government on Friday raised the cost of living allowance for its employees and pensioners by 8%, a Cabinet minister told reporters.The hike will cost the government an additional Rs6,970 crore ($1.5 billion) each year, Ambika Soni said at a briefing after the Cabinet took the decision.
- Government Hikes Dearness Allowance Pay for employees, pensioners by 5 Percent 2 years 23 weeks ago
The government today announced a five percent increase in the dearness allowance for the central government employees and pensioners, with effect from July this year, entailing an outgo of about Rs 2,904 crore this fiscal.
- Ministry of Finance Dearness Allowance 2010 For Central Government Employees To Increase Since January 1st 2010 1 year 48 weeks ago
The dearness allowance (DA) will see an overall increase of 35% since 1st Jan 2010 according to sources. The calculations for the DA are dependent on the All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100.
- PSU Employees get Pay Hike : PSU Pay Revision 3 years 13 weeks ago
The Union Cabinet today approved an average 67 per cent hike in wages of 1.6 million employee of public sector companies (PSU), with effect from January 1, 2007, said Heavy Industries Secretary R Bandyopadhyay. This hike is expected to their salaries at par with Central government officers.
- Gratuity Calculation: The Gratuity Limit Rose From 3.5 Lakh to 10 Lakhs 1 year 50 weeks ago
In the age of dearness and inflation it is the good news for private sector employees that the private sector will get the Gratuity of Ten Lakhs. As per gratuity act India, Gratuity limit was 3.5 lakhs. Now the limit of Gratuity has been raised from 3, 50000 lakhs to 10, 00000 lakhs. This decision of government will give advantage and relief to private sector employees. Now as per Graduity act there is no tax imposed on the income of 10 Lakhs.