What is the expected DA from Jan 2021?

What is the expected DA from Jan 2021?

-The increase reflects the additional instalments arising on 1 January, 2020, 1 July 2021 and 1 January 2021. -The rate of Dearness Allowance/Dearness Relief for the period 01.01. 2020 to 30.06. 2021 shall remain at 17%.

Will the government give DA from July 2021?

“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.

What is the DA rate from January 2020?

2020 to 30.06. 2021 shall remain at 17%,” said government in a statement. Last year, the Union Cabinet had approved a 4% increase in DA for government employees and pensioners to 21%. This was to be effective from January 1, 2020.

Which Pay Commission is going on?

Previously, the Central government has already announced that all its employees and pensioners will get the pending hike in the DA will from July 1 under the 7th Pay Commission. The DA will be increased from the current 17% to 28% of the basic salary from July 1, 2021.

Will there be a pension increase in 2021?

Now, the government has issued orders to increase the dearness relief to pensioners/family pensioners with effect from 1st July to 28% of the basic pension/family pension. 2021 shall remain at 17% of basic pension/family pension,” the ministry said.

Will DA increase from July 2021?

So, the new DA rate applicable from 1st July 2021 to central government employees will be 28 per cent of their monthly basic salary — leading to rise of 11 per cent from their current DA rate of 17 per cent.

How much is DA 2020?

The increase subsumes the additional instalments arising on 01.01

What is CPC salary?

Certified Professional Coder (CPC)

When DA will be paid to central govt employees?

However, the Finance Ministry’s order made it clear that DA for the period of 1st January 2020 to 30th June 2021 will remain 17 per cent that means no DA and DR arrears will be given to the central government employees and pensioners.

How much pension do central govt employees get?

Minimum pension presently is Rs. 9000 per month. Maximum limit on pension is 50% of the highest pay in the Government of India (presently Rs. 1,25,000) per month.

How much does it cost to hike from July 2021?

Is DA part of basic salary?

DA or dearness allowance is calculated as a specific percentage of the basic salary which is then added to the basic salary along with other components like HRA (House Rent Allowance) to make up the total salary of an employee of the government sector.

What is the salary of IAS 2020?

The basic per month salary of an IAS officer starts at Rs. 56,100 (TA, DA, and HRA are extra) and can go on to reach Rs. 2,50,000 for a Cabinet Secretary. A career in the Indian Administrative Service is one of the most sought-after professions in India.