Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 ITR filing deadline extension now demanded by this Tax Bar Association due to many issues including technical glitches with ITR portal
 GST Rule Changes for FY 2025 26
 Income tax return filing 2025: Five ITR mistakes that can trigger an income tax notice in 2025
 ITR filing What is updated income tax return and ITR U Who can file & what you can t change - top points to know
 Shifted to new tax regime? Here are 5 investments you shouldn't drop
 Auditing and Assurance Standards Board Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects.

Dearness allowance hiked by 4% for central government employees
March, 13th 2020

Since this will be effective from Jan 1, 2020, staff will be getting arrears for three months.

Amid all the bad news with regards to the impact of coronavirus, the central government had some good news for government employees. The Union government announced a hike of four per cent in dearness allowance (DA). The DA has hike from 17 per cent to 21 per cent. The decision will be effective from January 1, 2020.

The decision was announced by Union Minister Prakash Javadekar during a cabinet meeting. Javadekar said that this decision will be beneficial for 48 lakh employees and 65 lakh pensioners; this will benefit 1.13 crore families.

Since the decision will be effective from January 1, 2020, central government employees will be getting arrears for three months.

Apart from central government employees, even central government pensioners and those receiving family pension from the central government will be benefited. Therefore, the decision will also hike pensions received.

Dearness allowance is usually received by government employees to compensate for rising inflation. The decision announced today will put more money in the hands of government employees and pensioners. The decision has come at a time when Indian economy is in bad shape.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting