Bank Employees To Get 15.97% Dearness Allowance For May-July 2024 Period | Personal Finance News

New Delhi: The Indian Banks’ Association (IBA) has in a circular dated 10 June 2024 announced a 15.97 percent hike in Dearness Allowance (DA) of Bank Employees for May-July 2024 period. In the circular, IBA said, “In terms of clause 13 of the 12th Bipartite Settlement dated 08.03.2024 and clause 2 (i) of the Joint […]

ABHISEK RAJPUT

June 11, 2024

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7th Pay Commission DA Hike Update: Will DA Drop To Zero From July 1 Or Will There Be A Change? Here’s All You Want To Know | Personal Finance News

New Delhi: There has been a long-standing discussion that at 50 percent the Dearness Allowance (DA) will drop to zero. This was scheduled to happen on July 1, 2024. The basis of this discussion was the previous parlance or practice, since there used to be automatic merger of DA and DR into basic salary as […]

ABHISEK RAJPUT

August 3, 2024

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7th Pay Commission DA Hike Latest Update: Check Salary Calculation Based On Pay Grade, How Much Money Will Increase? | Personal Finance News

New Delhi: The Center may soon raise the dearness allowance (DA) paid to its employees, meaning central government employees may soon receive a bonanza. In July 2024, the center may raise the Dearness Allowance by 3%, bringing the DA to 53 percent, and providing employees with a bonus of up to ₹ 1,00,170. This benefit […]

ABHISEK RAJPUT

August 6, 2024

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DA Hike Coming Soon? 4% Dearness Allowance Hike For Central Govt Employees Likely In Sept; Check Increase In Salary | Economy News

New Delhi: The Centre is expected to increase the dearness allowance (DA) by 4 percent, as per various media reports. If it is approved it will mark the second increase in both dearness allowance and dearness relief (DR) this year. The announcement is likely to come in September which would raise the current DA from […]

ABHISEK RAJPUT

August 30, 2024

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