Central government employees Dearness Allowance hiked by 3%

Central government employees Dearness Allowance hiked by 3% To compensate for price increases, the Union Cabinet, chaired by Prime Minister Shri Nare…

Central government employees Dearness Allowance hiked by 3%
To compensate for price increases, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, today approved the release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief (DR) to pensioners, effective 1.7.2021, representing a 3 percent increase over the existing rate of 28 percent of the Basic Pay / Pension.
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. The combined impact on the exchequer of Dearness Allowance and Dearness Relief would be Rs.9,488.70 crore per year. This will benefit approximately 47.14 lakh Central Government employees and 68.62 lakh pensioners.
About Author

CA Deepak Gupta
Co Founder
CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel.
He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.
StudyCafe
Delhi, Delhi, India
3423My Recent Articles
- UltraTech Cement slapped with Rs. 808.78 Cr Income Tax Demand
- GST: High Court upheld constitutional validity of Section 16(2)(c), asks government to address ITC issues of genuine purchasers
- Old vs New Tax Regime for Tax Year 2026-27
- High court criticizes Income Tax Department for not releasing ITR Utilities despite 11 years of directions
- Fino Payments Bank CEO Rishi Gupta Gets Bail in GST Case, Bank Clarifies No Direct Link
Up Next
Loading suggestions…
Recent Posts

All Posts

Recent Posts

All Posts








