18 months da arrears latest news today 202218 months da arrears latest news today 2022

Shri Pankaj Chaudhary recently shared a crucial update on the latest 18 Months DA for CG Employees News, with the most recent development being set for 2023. On the other hand, for Level-13 (7th CPC basic pay scale Rs 1,23,100 to Rs 2,15,900) or Level-14 (pay scale), the DA arrears of the employees will be Rs 1,44,200 and 2,18,200 respectively. The employees have been continuously demanding the withheld DA from January 2020 to June 2021. Staff Side is ready to discuss about the mode of arrears payment. Read all . Finally, in 2016, the rates were 2% for July to December and 0% for January to June. Your email address will not be published. Over 50 lakh government employees and 65 lakh pensioners get profit from DA and DR hike. Copyright Network18 Media and Investments Ltd 2023. : 23382286 1,44,200 and Rs. However, the Government of India has recently discontinued the additional DA and DR for this period. However, the government has to balance the need for a higher central government employees DA hike with its financial constraints, as the increased DA will put an additional financial burden on the government. [Read full story]. The current DA rate depends on the All India Consumer Price Index for Industrial Workers (AICPI-IW), which the Labour Bureau under the Ministry of Labour & Employment, Government of India issues. The 18 months DA arrears table can be found on the official website of the Ministry of Personnel, Public Grievances and Pensions. As the adverse financial impact of pandemic in 2020 and the financing of welfare measures taken by Government has a fiscal spill over beyond Financial Year 2020-21, release of arrears of DA/DR was not considered feasible. Read more on Latest Business News on India.com. The calculation for Dearness Allowance is based on the government employees current basic pay, while the Dearness Relief calculation is based on the basic pension amount for retired government employees. The Dearness Allowance is figured out as a portion of an employees fundamental salary. Giving details, Pankaj Chaudhary said the Central Government has no plan to release the 18 months of Dearness Allowance (DA) arrears at the moment. 18 months to the employees at a single go, as a one time settlement of Rs 2 lakh . for Central Government Employees Even now the fiscal deficit of the Government is running at more than double the level envisaged in the FRBM Act, he added. The government hasnt finalised the decision of payment of arrears (18 months DA arrear) from January 2020 to June 2021. All Central Government Employees, including pensioners, are eligible for the 18 months arrears. From July 2021 onward, all CG employees and pensioners will be receiving a payment of 28% of DA and DR on their basic pay and basic pension, respectively. No DA and DR were applicable for January to June 2021. 7th CPC MACP Scheme | Latest Clarification on MACP Scheme. eps 95 pension latest news today ! Look no further than the latest update from Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary. The term AFD is used in CSD Canteen for indicating the products selling to the customers on a consignment basis. Fitment Factor and Pay Matrix Table, Indias leading news channels write every day about the 18 months DA Arrears latest news updates even in 2022. 7th Pay Commission Release Updates: At a time when lakhs of government employees are waiting for an announcement on 18-month DA arrears, the Central government on Monday clarified that it will not . The rates for July to December 2022 are 38%, and from January to June 2022, they stand at 34%. This has given a big blow to the employees. One thing that all toddlers need to grow big: protein although in . Along with this, no deduction was made in the salary of central employees nor was there any cut in DA. 37,554, while Level 13 or Level 14 employees' arrears are between Rs. Issued, TN CM MK Stalin Declares 4% DA Hike for TN Govt Employees and Teachers from 1.1.2023, Cabinet Approves 4% Additional DA to Central Government Employees, Gujarat CM Announced 3% Hike in Dearness Allowance, Cabinet Approves 3% DA to CG Employees and Pensioners, DA Hike for Telangana Govt Employees from July 2019, Latest AICPIN indicates 3% DA hike from July 2020, Consumer Price Index (CPI-IW) for the month of May 2020, DA Hike from July 2020 is almost confirmed as 24%, Expected DA Hike for Central Government Employees, DA Hike Latest News 2022 for Central Govt Employees. As a result, the government had to make the tough decision to ease pressure on their finances, given the widespread economic disruption caused by the pandemic. Regrettably, the arrears for this period, especially during the challenging fiscal year of 2020-21, are not currently feasible, given the pandemics adverse financial impact and the need for financing welfare measures. Expected DA Calculator from July 2023New Salary Calculator for CG Staff Dearness allowance is given to government employees, while the dearness relief is for pensioners. The Central government employees must note that the current rate of DA/DR provided to Central Government Employees and Pensioners stand at 38%. To use it, choose your pay matrix level and input your basic salary. Stay updated with our news section for the latest on Pensioners DA arrears. The cost of living index is reviewed periodically, and the DA rate is adjusted accordingly. :(i) Secretary National Council(JCM)s letter No.NC.JCM-2021/CS/PM/(DA) dated 17.07.2021 followed by reminder doted 27.12.2021 Experience Your Economic Times Newspaper, The Digital Way! During this hike, DA was increased by 3% to 34% effective from January 1, 2022. It was clarified that there was no stance on giving arrears for the frozen DA. Who is eligible for 18 months DA arrears? January 1, 2022, representing an increase of 3 per cent over the existing rate of 31 per cent of the basic pay/ pension, to compensate for price rise," the Prime Ministers Office had said in a statement. Unfortunately, the arrears between January 1st, 2020, and June 30th, 2021, have been frozen due to the economic fallout from COVID-19. -- aaa Vehicle and fuel sales backed up the trend. This is because the accumulated percentage of Dearness Allowance from January 2020 to June 2021 has been included in the existing DA and approved for dispersion. This credit card offers 7.5% discounts on Myntra, 5% cashback on others, Earn 8% interest rate on this Canara Bank special fixed deposit, Sending money abroad for education? [Click to read more], There is an uncomplicated calculator available for calculating Dearness Relief (D.R.) How is DA under 7th Pay Commission Calculated? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 | Central Government Employees News | 7th Pay Commission News |. 18 Months DA arrears Latest News Today 2022: Payment of Dearness Allowance/Dearness Relief with effect from 01. 7th Pay Commission Latest News Today 2023, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, 8th Pay Commission Latest News. National Council (Staff Side) Uttar Pradesh raises DA for government staff from 28% to 31%. DA Latest News Today 2022: DA for Central Govt Employees and Pensioners! The rate for the period of January to June 2022 is 34% (31%+4%). The DA is revised based on the changes in the All India Consumer Price Index (AICPI). It is not possible to provide a one-size-fits-all DA chart, as the rates can vary greatly depending on the state and the year. There is a lot of buzz around the arrear issue. As an illustration, if your fundamental pay is Rs.18,000 and the Dearness Allowance percentage is 38%, your Dearness Allowance will equate to Rs.6,840. Revised Rates of HRA 27%, 18% and 9% from 01.01.2021 - Finmin Orders 2021, OROP-2 Pension Revision Table 1 to 121 for Defence Pensioners wef 1.7.2019, Annual Increment Due on 1st July to the Employees Retiring on 30th June, Notional Increment on the Day of Superannuation, FR 56(j) of CCS (Pension) Rules age of 50 years or on Completion of 30 years of Service, Coverage under CCS (Pension) Rules CG employees appointment before and after 01-01-2004, 18 Months DA Arrears for Government Employees, DA for Central Government Employees News Latest Update 2022, 7th CPC Pay Matrix Table for Central Government Employees, 7th Pay Commission Children Education Allowance, 7th CPC Advances to Central Government Employees, Tamil Nadu Government Holidays 2023 Order PDF, Central Government Employees Festival Advance, ECHS Empanelled Hospitals and Nursing Homes 2023, Freezing of Dearness Allowance and Dearness Relief, 4% DA Hike for Tamil Nadu Govt Employees from 01-04-2023, Revised Rate of VDA for Indian Railway Contract Workers wef 01.04.2023, 41.72% DA for Bank Employees from May to July 2023, Revised Rates of 42% DA Order for Defence Employees from 1st Jan 2023, 42 Percent DA Order to GDS Employees wef 01.01.2023, LTC Cash Voucher Scheme and Leave Encashment for Central Govt Employees, FAQ No 1 Special LTC Cash Package Scheme 20.10.2020, FAQ No 2 Special LTC Cash Package Scheme 10.11.2020, FAQ No 3 Special LTC Cash Package Scheme 25.11.2020, FAQ No 4 Special LTC Cash Package Scheme 10.03.2021, LTC Cash Voucher Scheme for Defence Armed Forces Personnel, Grant of 4 Times LTC Scheme Eligible for Fresh Recruits of Central Govt Servants, Latest CSD Price List of Air Conditioner(AC), KVS Admission Schedule 2023-24 Dates Announced Check Details, 42% DA to CPSE Employees CDA Pattern wef 1.1.2023 as per 7th CPC Pay Scales, DA from April 2023 at 202.3% to CPSE Employees for 2007 Pay Scales, Payment of DA at Revised Rates from April 2023 at 37.7% to CPSE Employees for 2017 Pay Scales, Revised VDA Central Government Minimum Wages from April 2023 PDF, 42 Percent DA Order for Central Govt Employees wef 01.01.2023 Finmin Orders 2023, 4% DA Hike to Central Govt Employees from 1.1.2023, 18 Months DA Arrears to Central Government Employees and Pensioners, Dearness Relief to Bank Pensioners for the period February 2023 to July 2023, DR to Pre 1986 Bank Retirees from February 2023 to July 2023, Bank DA Rate from Feb 2023 to April 2023 at 41.16% for Workmen and Officer Employees, AICPIN December 2022 | Expected DA from Jan 2023 Calculation Over, Revised Rate of DA from Jan 2023 at 37.2% to CPSE Employees for 2017 Pay Scales, Payment of DA from Jan 2023 at 201.2% to CPSE Employees for 2007 Pay Scales, 408.4 Percent DA from Jan 2023 to CPSEs 1997 Pay Scales, DA from 1st January 2023 to CPSE Employees on 1987 and 1992 basis, 212% DA from 1st July 2022 to CPSE Employees as per 6th CPC Pay Scales, 446% DA from 1st July 2022 to CPSE Employees as per 5th CPC Pay Scales, 6th CPC DA 212% for CAB Employees wef 01.07.2022, 5th CPC DA 396% for CAB Employees wef 01.07.2022, 38 Percent DA to GDS Employees from 1.7.2022. Your Reason has been Reported to the admin. Dearness allowance is a component of salary of the government employees and pensioners, aimed at soothing the impact of inflation, (Your legal guide on estate planning, inheritance, will and more.). DA Hike 7th Pay Commission: Even as the inflation is high and remains above the RBIs comfort zone of 2-6 per cent, the central government is likely to increase the dearness allowance for its employees by five per cent to provide them respite from high price levels in the economy, according to media reports. The DA Rates Table 2019 shows that from July to December 2019, the rate is 17% (12%+5%). CNN name, logo and all associated elements and 2023 Cable News Network LP, LLLP. PNB, Axis cut FD rates: End of rising fixed deposit rates? 34402.32 crores from freezing three installments of Dearness Allowance and Dearness Relief payable to Central Government employees and pensioners. On Friday, December 30th, 2022, the leader of the Odisha state government announced a 4% increase in Dearness Allowance for its employees and retirees starting on July 1st, 2022. For reprint rights: Inciting hatred against a certain community, DA may be hiked by 4% for central govt employees, pensioners soon; how much salary will increase, How central govt employees' family pension will be paid in different conditions; check latest rules, GST Kitty Swells, Factory Activity Hits 31-Mth High, Major Players Looking at India as Next Chip-making Destination, 4 car insurance add-ons can save thousands during monsoon.

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