Thursday, September 16, 2010

News Ministry Of Finance Raises Dearness Allowance For Central Government Employees DA From July 2010

Central government today increased Dearness Allowance by 10 percentage points to 45 per cent of basic pay. Concerning with festivals ahead this may benefit 88 lakh employees and pensioners.

This hike will cost the expense of an additional Rs 9,303.2 crore per annum and this will be effect from July 1 2010.

This will result in expenditure of Rs 6,202.1 Crore in current fiscal year.

This decision came after the

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tags: central government employees news, dearness allowance july 2010, ministry of finance, dearness allowance, dearness allowance for central government employees, finance ministry, da from july 2010

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