7th Pay Commission: Central Government Employees DA ALERT! What about Dearness Allowance for 1st Jan 2020 to 30th June 2021?

Government has decided to increase the Dearness Allowance to Central Government employees and Dearness Relief to pensioners with effect from 01.07.2021 to 28% representing an increase of 11% over the existing rate of 17% of the Basic Pay/Pension, as per Cabinet statement. 

7th Pay Commission: Central Government Employees DA ALERT! What about Dearness Allowance for 1st Jan 2020 to 30th June 2021?
Increase in DA : The increase reflects the additional instalments arising on 01.01.2020, 01.07.2020 and 01.01.2021. Pixabay pic.

7th Pay Commission: Central Government Employees DA News: The Cabinet Committee chaired by the Prime Minister Narendra Modi on July 14 had approved the increase in the Dearness Allowance to Central Government employees and Dearness Relief to pensioners with effect from 01.07.2021 to 28% representing an increase of 11% over the existing rate of 17% of the Basic Pay/Pension.

In view of the unprecedented situation which arose due to the COVID-19 pandemic, three additional instalments of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners, which were due from 01.01.2020, 01.07.2020 and 01.01.2021, had been frozen.

DA HIKE: increase of 11% over the existing rate of 17%

Now, the Government has decided to increase the Dearness Allowance to Central Government employees and Dearness Relief to pensioners with effect from 01.07.2021 to 28% representing an increase of 11% over the existing rate of 17% of the Basic Pay/Pension, as per Cabinet statement. 

Increase in DA 

The increase reflects the additional instalments arising on 01.01.2020, 01.07.2020 and 01.01.2021.  

DA for 1st Jan 202o to 30th June 2021?

The rate of Dearness Allowance/Dearness Relief for the period 01.01.2020 to 30.06.2021 shall remain at 17%, as per Cabinet statement.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-rs-3500-monthly-sip-for-35-years-vs-rs-35000-monthly-sip-for-16-years-which-can-give-you-higher-corpus-in-long-term-compound-interest-benefits-mutual-fund-return-calculator-retirement-planning-334249

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

https://www.zeebiz.com/market-news/news-short-term-investment-ideas-stocks-to-buy-for-15-days-axis-direct-recommends-fortis-healthcare-aegis-logistics-check-targets-334316

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-how-soon-will-monthly-sip-of-rs-11000-reach-rs-8-crore-corpus-target-retirement-financial-planning-with-sip-calculator-334296

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

https://www.zeebiz.com/personal-finance/photo-gallery-ppf-interest-rate-maturity-retirement-corpus-planning-calculator-how-to-get-inr-rs-72000-month-tax-free-income-from-public-provident-fund-calculations-80c-tax-benefits-333983

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

https://www.zeebiz.com/personal-finance/news-rs-1111-monthly-sip-for-40-yrs-11111-for-20-yrs-or-22222-for-10-years-which-works-best-at-same-expected-return-334395

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

Written By: Prashant V. Singh
Updated: Fri, Jul 16, 2021
07:12 PM IST
ZeeBiz WebDesk
RELATED NEWS
Centre may decide to increase dearness allowance for central government employees in today's cabinet meeting Centre may decide to increase dearness allowance for central government employees in today's cabinet meeting
Good news for Central Govt staff: Government announces non-productivity linked ad-hoc bonus — Check amount, eligibility, eligible grades, calculation, full office order Good news for Central Govt staff: Government announces non-productivity linked ad-hoc bonus — Check amount, eligibility, eligible grades, calculation, full office order
Retirement age of Central Government employees to be changed? Here's what Union Minister Jitendra Singh said Retirement age of Central Government employees to be changed? Here's what Union Minister Jitendra Singh said
DA Hike: How much extra central govt employees will get after 3% hike in dearness allowance – check calculation here! DA Hike: How much extra central govt employees will get after 3% hike in dearness allowance – check calculation here!
DA Hike: Good news for central govt employees as clarity on Dearness Allowance rise for 2023 shall come on January 31 DA Hike: Good news for central govt employees as clarity on Dearness Allowance rise for 2023 shall come on January 31

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x