DA hike newest replace: THIS state govt staff to get 2.75% elevated DA | Personal Finance News

New Delhi: The Karnata Government has introduced to boost the charges of Dearness Allowance (DA) and Dearness Relief (DR) for the State Government Employees from the prevailing 24.50 % to 27.25 % of Basic Pay with impact fiom 01 January 2022.

“Government are pleased to enhance the rates of Dearness Allowance payable to the State Government Employees in the 2018 Revised Pay Scales frorn the existing 24.50% to 27.25% of Basic Pay with effect fiom 1st January 2022,” the state finance ministry mentioned. (Also read- Crorepati Calculator: Here is the right way to earn in crore by investing simply Rs 6000 per 30 days)

The state authorities additionally mentioned that it’ll improve the charges of Dearness Allowance from the prevailing 24.50 % to 27.25 % of the Basic Pension/Family Pension with etfect from 1st January 2022 to the State Government Pensioners,{Family Pensioners in addition to Pensioners/Family Pensioners of the Aided Educational Institutions whose Pension/ Farnily Pension is paid out of the Consolidated Fund of the State. (Also read–TCS hiring freshers: Check software course of, take a look at date, registration standing and different particulars)

These orders are additionally relevant to retired staff on UGC/AICTE/ICAR scales of pay. These orders will apply to the complete time Government Employees, Employees of Zilla Panchayats, Work Charged Employees on common time scales of pay, full time Employees of Aided Educational Institutions and Universities who’re on common time scales of pay.

It could also be recalled that the Union Cabinet on March 30 hiked Dearness Allowance (DA) and Dearness Relief (DR) by 3 per cent to 34 per cent to compensate for the worth rise, benefitting over 1.16 crore central authorities staff and pensioners. The extra set up shall be efficient from January 1, 2022, mentioned an official launch after the Cabinet assembly.

With Agency Inputs

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