Log in
x
or
x
Register
x

or

Latest News

CUMULATIVE DA ON 7TH CPC BECOMES 9 PERCENT

CUMULATIVE DA ON 7TH CPC BECOMES 9 PERCENT

Cabinet approves additional 2 percent Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modihas approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise.

The combined impact on the exchequer on account of both Dearness Allowance and Deamess Relief would be Rs.6112.20 crore per annum and Rs.4074.80 crore in the financial year 2018-19 (for a period of 08 months from July, 2018 to February, 2019).

This will benefit about 48.41 lakh Central Government employees and 62.03 lakh pensioners.

This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

000
Read 511 times Last modified on Thursday, 30 August 2018 20:43

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.



Newsletter

Do you want to be informed on publishing new article?




Does ECHS provide quality medicare to the retired Jawans?
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
Total Votes:
First Vote:
Last Vote:
KIND ATTENTION OF VETERANS AND FAMILIES:- e-PPO

KIND ATTENTION OF VETERAN...

KIND ATTENTION OF VETERANS AND FAMILIES. Regarding...

6th CPC Pension Revision – Order for Post 01.01.2006 JCOs/ORs granted Honorary Commission as Lieutenant and Captain

6th CPC Pension Revision...

No.1(15)/2012/D(Pen/Pol) Government of India/Bhara...

Piyush Goyal’s claim on OROP misleading, say veterans

Piyush Goyal’s claim on O...

They claim several allowances have not been sancti...

1207336
Today
Yesterday
This Week
This Month
Last Month
All days
849
16346
95809
352431
147479
1207336

Your IP: 3.80.60.248
24-02-2019 02:39