Meaning of da in terms of employment
This query is : Resolved
Guest
Guest
(Querist)
05 September 2014
What is meaning of dearness allowance in terms of employment?? Please give me solution to my query as it is quite urgent.
MOHAMMED HUSSAIN
(Expert)
06 September 2014
Dearness Allowance (in short DA) is a cost of living allowance paid to various types of employees / pensioners which is declared on half yearly basis and will given in Jan & July every year calculated on every employees basic salary to mitigate the inflation rate on people. For full details, you may visit the flg link: https://en.wikipedia.org/wiki/Dearness_allowance
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