What Is Dearness Allowance And How Exactly It Is Calculated? Here's All You Need To Know
Zee Business Video Team | Updated: April 1, 2022 04:57 PM IST
Dearness Allowance (DA) is the cost-of-living adjustment allowance that the government pays to the employees of the public sector as well as pensioners of the same. After the World War II, the DA component was introduced by the government. Here's all you need to know about the allowance and how it is calculated for each employee.