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.
Will DA increase in November 2021?
Dearness Allowance to Bank Employees from November 2021 to January 2022. The rate of Dearness Allowance payable to Workmen and Officer employees for the months of November, December 2021 & January 2022 shall be 30.38 % of ‘pay’.
What happens if DA crosses 50 %?
For Example, an employee’s basic pay Rs. 10000 as on 1.1. 2011, after merging of 50% dearness allowance the calculation clearly shows the difference only 50 rupees per month. “Note that the 50% of Dearness allowance will not be merged with basic pay, instead, the amount will be shown as ‘Dearness Pay’.
Is DA going to increase 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.
How much is the DA in July 2021?
28%
2020 and 01.01. 2021, were frozen 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 17% to 28% of the basic pay with effect from 1st July, 2021.
What is the expected DA from Jan 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%.
What is the expected DA from July 2022?
4% hike in DA in July After March numbers, there was a possibility of increasing DA by three per cent in July 2022.
What will be DA in 2021?
2020 and 01.01. 2021, were frozen 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 17% to 28% of the basic pay with effect from 1st July, 2021.
Will central govt employees get DA from July 2021?
Then, the DA for the central government employees rose to 31 per cent, effective from July 2021. Now, from January 2022, DA and DR will be paid to the salaried at a rate of 34 per cent, increasing from the earlier rate of 31 per cent. Read all the Latest News , Breaking News and IPL 2022 Live Updates here.
What will be the DA after June 2021?
Cabinet hikes DA by 3%, to be in effect from July 1, 2021. The Union Cabinet has approved hike in the Dearness Allowance (DA) of central government employees. The decision was announced during a cabinet briefing on Thursday.
What is the expected DA from July 2021 for central govt employees?
The announcement of hike in dearness allowance (DA) can be done by the end of March. The DA was increased by 3 per cent in January 2022, taking the total DA to the employees from 31 per cent to 34 per cent. As per AICPI data, DA has reached 34.04 per cent till December 2021.
What is expected DA from September 2021?
According to AICPI data, the figures till September 2021 suggest Dearness Allowance (DA) @ 32.81 percent. The report suggested that this figure/data will be an important component to decide further DA hike of 3 percent.