Quick Summary
Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 01.01.2022 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, has given its approval to release an additional instalment of Dear
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The Union Cabinet has approved the release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners.
The Dearness Allowance and Dearness Relief have been increased by 3%, bringing the total to 34% of the basic pay or pension.
The increase is effective from January 1, 2022.
This increase will benefit about 47.68 lakh Central Government employees and 68.62 lakh pensioners.
The combined impact on the exchequer for both Dearness Allowance and Dearness Relief is estimated to be Rs. 9,544.50 crore per annum.
The increase is in accordance with the accepted formula based on the recommendations of the 7th Central Pay Commission.
CAclubindia
