New Delhi, October 18, 2023 : The Central government on Wednesday hiked the Dearness Allowance for its 117 lakh employees and pensioners by 4% ahead of the festival season, a minister said, a move that would cost the exchequer 12,857 crore rupees annually. The Dearness Allowance (DA) — a part of monthly wages and pensions
Read More →
New Delhi, Oct 18, 2023: Central government employees and pensioners are in for a treat as the Union Government is likely to hike the dearness allowance (DA) today. To fight against inflation, the central government increases the dearness allowance periodically. It is usually revised in January and July. However, the announcement of the hike in DA
Read More →
New Delhi, Oct 18 (PTI) The Finance Ministry on Tuesday fixed the ceiling for computing non-productivity linked bonus (ad hoc bonus) for central government employees at Rs 7,000 for 2022-23. In an office memorandum, the Department of Expenditure under the Finance Ministry said non-productivity linked bonus (ad hoc bonus) equivalent to 30 days emoluments for
Read More →
New Delhi, Oct 1 (PTI) Thousands of central and state government employees from more than 20 states gathered at Ramlila Maidan here to demand the restoration of the Old Pension Scheme. Protesters at the Pension Shankhnaad Maharally voiced their opposition to the New Pension Scheme, saying they are worried about their post-retirement future. “We are
Read More →