Saturday 1 March 2014

Union cabinet approved 10% D.A hike from 01.01.2014

The Union Cabinet  on friday approved hiking  of dearness allowance to 100 per cent from existing 90 per cent benefiting 50 lakh employees and 30 lakh pensioners. The hike in DA would be effective from January 1 this year and it will be paid  in cash, but not before the disbursement of the salary for the month of March 2014 . This is the second double digit DA hike in a row. The government had announced a hike of 10 per cent to 90 per cent in September last year, effective from July 1, 2013. 

No comments: