Home Finance Good News For Employees! 9 percent increase in DA, order issued, 3...

Good News For Employees! 9 percent increase in DA, order issued, 3 months arrears will be paid, amount will increase in account

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Good News For Employees! 9 percent increase in DA, order issued, 3 months arrears will be paid, amount will increase in account

The dearness allowance of the employees has been increased again. His dearness allowance has been increased at the rate of 9 percent. The same increase has been made effective from January 1, 2023. Orders for this have been issued in the month of April. The arrears of 3 months will also be paid to the employees. For this, an order has been issued by the Finance Ministry.

Employees DA Hike: There is good news for the employees. Actually the dearness allowance of an operation has been increased. Orders have been issued for this. Under the issued order, he has been given the benefit of 9% DA hike. At the same time, this increase will be effective from January 1, 2023.

issued orders

Actually the order has been issued by the Finance Ministry. As per the issued order, dearness allowance has been increased for CDA pattern employees of CPSEs. This increase has been made effective from January 1, 2023. At the same time, a 9 percent increase in dearness allowance has been announced. Orders have also been issued for this.

Dearness Allowance has been increased at the rate of 9 percent.

Under the issued order, the rate of dearness allowance given to the employees has been increased from 212% to 221% from January 1, 2023. Dearness Allowance was increased at the rate of 9 percent for the employees who get salary under the Sixth Pay Commission. Some instructions have also been issued regarding salary payment. In which it has been said that the DA payable to the employees may be increased to 221% from the existing rate of 212% with effect from 01.01.2023.

instructions issued

Payment of Dearness Allowance for fractions of 50 paise and above may be rounded off to the next higher rupee and fractions of less than 50 paise may be ignored. Whereas these rates are applicable in case of CDA employees whose pay has been revised w.e.f. 01.01.2006 as per DPE’s OM dated 14.10.2008.

The Order has requested all the Administrative Ministries/Departments of the Government of India to bring this to the notice of the Central Public Sector Enterprises under their administrative control for taking necessary action at their end.

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