Wed, May 01, 2024
The latest development in the formation of the 8th Pay Commission is a letter written by the Indian Railways Technical Supervisors’ Association (IRTSA) to the Ministry of Personnel, Public Grievances, and Pensions under the Department of Personnel and Training (DoPT). The letter has requested the ministry to form the 8th Pay Commission.
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Fri, Mar 29, 2024
According to the Gratuity Payment Act 1972, any company, factory, or institution, where 10 or more employees have worked on any one day in the last 12 months comes under the Gratuity Payment Act. An employee is entitled to gratuity after five years of service. If an employee dies due to an accident or becomes disabled and is unable to work again, the gratuity amount is paid to their nominee or dependent.
Sat, Mar 09, 2024
7th Pay Commission: When the central government announced a four per cent hike in dearness allowance (DA) and dearness releif (DR) for its employees and pensioners, it also announced an increase in House Rent Allowance (HRA). Apart from these two changes, Centre also announced a big change in the form of a tax exemption limit on gratuity of a central government employee. The limit on tax exemption has been increased from Rs 20 lakh to Rs 25 lakh. However, equally important for an employee is to know their gratuity amount at the time of retirement. Know how much gratuity you will get if your basic salary is Rs 15000 or Rs 20,000.
Fri, Mar 08, 2024
7th Pay Commission: Central government employees get a number of bonanzas on Thursday evening as the central government announced a four per cent hike in dearness allowance (DA) and dearness relief (DR). It also increased the tax limit for gratuity from Rs 20 lakh to Rs 25 lakh. But in another important announcement along with these two, Centre also increased the House Rent Allowance by one to three per cent. Know the new rates-
The DA is calculated as a percentage of an employee's basic salary. Depending on inflation, it is adjusted twice a year. It is calculated on the consumer price index (CPI) and industrial average. When we calculate DA on the basis of CPI, we first determine CPI. The CPI is published by the Labour Ministry of the central government.
Mon, Oct 16, 2023
DA Hike Latest News: The Central Government has announced a 4 per cent DA/DR hike for central government employees in a press conference today (Wednesday, October 18) — increasing the overall DA rate to 46 per cent.
Fri, Jul 14, 2023
Dearness Allowance/Dearness Relief Hike: CM Shivraj Singh Chouhan said that all the Madhya Pradesh state government employees under the Sixth Pay Scale will also see a proportional increase in their dearness allowance.
Mon, Jul 10, 2023
Central Public Sector Enterprises (CPSEs) Dearness Allowance Hike DA DR Hike latest News: As per the Office Memorandum dated July 7, the increased Dearness Allowance (DA) rates will be payable to the aforementioned executives from July 1, 2023.
Thu, Jun 15, 2023
Dearness Allowance (DA), Dearness Relief (DR) Hike News 2023: As per the notification released by the Department of Expenditure under the Ministry of Finance, the rate of Dearness Allowance (DA) of these employees of Central Government and Central Autonomous Bodies will be enhanced from the existing rate of 396% to 412% of basic pay w.e.f. 01.01.2023.
Fri, Jun 02, 2023
In a move that will bring relief to millions of central government employees, the 7th Pay Commission is expected to announce a significant hike in salaries. The decision is anticipated to raise the Dearness Allowance (DA) and Fitment Factor, ensuring a substantial increase in monthly incomes.
Fri, Apr 28, 2023
DA Hike News, Dearness Allowance: The data for the month of March will be released today, but the increase in the index over the past few months already suggests that central government employees can expect a DA hike between 3% to 4% from July this year.
Sun, Apr 23, 2023
DA Hike News, 7th Pay Commission: At present, 42% dearness allowance (DA) / dearness relief (DR) is paid to central government employees.
Wed, Mar 29, 2023
7th pay commission latest news: The central government is set to scrap the pay commission next year and implement a new formula which allows one to change the fitment factor. Once done, the change in fitment factor can boost central government employees' salary considerably
Fri, Mar 24, 2023
Dearness Allowance Hike Calculation: Union Minister Anurag Thakur informed that DA has been hiked by 4% to 42% for central government employees.
Mon, Mar 20, 2023
7th Pay Commission, DA hike announcement: There is a set formula on the basis of which the DA hike is calculated. This time the dearness allowance hike is expected to be around 4 per cent.
Wed, Jan 18, 2023
Zee Business tells you the math or calculation behind how much minimum hike a government employee would get annually in 2023.
Wed, Sep 28, 2022
DA hike latest news today: After today's likely hike of 4 per cent, the total DA paid to government employees will reach 38 per cent. DA is a part of the salary which is calculated as a specific percentage of the basic salary which is then added to the basic salary.
Fri, Sep 16, 2022
Dearness allowance: Zee Business has learnt through its sources that the files related to DA and DA hike has reached the Central Cabinet. The propsal is likley to get a go ahead
Mon, Sep 05, 2022
Implementation of the UGC 7th pay commission has been a major demand of college and university teachers in Punjab.
Thu, Aug 11, 2022
The amount of dearness allowance is worked out by multiplying the current rate of dearness allowance of the 7th Pay Commission with the basic pay.
Wed, Aug 10, 2022
The government is not considering setting up 8th Pay Commission for central government employees, Minister of State for Finance Pankaj Choudhary informed Lok Sabha on Monday and said, "No such proposal is under consideration with the government for constitution of 8th Central Pay Commission for the central government employees." The government is working on such a system so that the salary of the employees increases on the basis of their performance linked increment. Watch this special report of Aapki Khabar Aapka Fayda.
Tue, Aug 09, 2022
7th Pay Commission to stay! The ongoing debate about the constitution of the 8th Pay commission was put to rest by the Minister of State for Finance on Monday.
Thu, Aug 04, 2022
7th Pay Commission latest news: The government is likely to bring major changes in rules governing salary increment of central government employees. Under these changes, the rules regarding promotion of central employees will likely change
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