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Dearness allowance

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(Querist)
05 January 2013 Dear All,

Can someone advise me what the allowances are called as dearness allowance?


Raman
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
05 January 2013 The purpose of Dearness Allowance is that extra part of salary which is given to meet the extra cost of living of the employee due to inflation or rising cost of living. Normally it is given as a percentage of Basic Salary of the employee. It is a specific allowance.
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