Saturday, November 1, 2025
spot_img

Government is likely to hike Dearness Allowance by 4%

spot_img
- Advertisement -

According to media reports, the Central government employees are likely to get a hike in Dearness Allowance next month.

They have been waiting for a hike in their salary for quite some time. Although these are early speculations only. The employees will have to wait for an official announcement on the matter. 

Dearness Allowance (DA) was frozen for more than a year by the government of India due to the Covid-19 pandemic. Since the freeze, three DA revisions have been omitted.

There could be a 4 percent hike in Dearness Allowance in August. Currently, the central government employees are getting a 34 percent DA. After the increase, the DA will be 38 percent.

The Central government is likely to announce the DA hike in its next cabinet meeting scheduled in the first week of August.

It is expected that the cabinet meeting may take place on August 3. The government could announce the DA hike in August third week.

If the new DA hike will be implemented from 1 July 2022, then employees will also get the arrear of the difference in July and August. Although, the government has not commented on any update regarding the credit of arrears to central government employees.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

India’s manufacturing sector ends 2020 on brighter note

India's manufacturing sector ends 2020 on brighter note Reuters |...

Tata Power to create over 2000 jobs with major women employees

The U.S. International Development Finance Corporation’s (DFC) Board of Directors...

HSBC is hiring for Internships, Freshers 2023-24, HR jobs, Apply

A financial services organization, HSBC is hiring for various...

Canadian company hiring 2,000 new technology employees

The Canadian Press: TD Bank Group says it plans...

TCS is hiring freshers via NQT, apply before August 15, 2021

TCS will be hiring more than 40,000 freshers from...

Evolving the Impact of CXO-HR Partnership

Evolving the Impact of CXO-HR Partnership - An Organization...

McKinsey & Company appoints Priya Ramdev as Chief People Officer

McKinsey & Co has appointed Priya Ramdev as Chief...

Minimum wages act only clerical or arithmetical mistakes can be corrected: SC

The Supreme Court has observed and stated that only...

Related Articles

Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.