7th Pay Commission DA Arrears: In what comes as a news to cheer for central government employees regarding the dearness allowance arrears, is that the Modi government can give DA arrears of 1.5 years i.e. 7th Pay Commission: Karnataka Government Announces Hike In Dearness Allowance (DA) By 4 Percent | Details Here, How PM Modi's Bonhomie With World Leaders Transformed India's Stature on Global Forum, 7th Pay Commission: Tamil Nadu Hikes DA by 4% For State Employees, Pensioners | Heres How Much Salary Will Increase, 7th Pay Commission: Centre Hikes DA For Govt Employees, 7th Pay Commission: 18-month DA Arrears to Be Released To Central Govt Employees? The official AFD CSD online website is started on 8th January 2021. Who has started the CSD AFD Online website? All rights reserved. 7th Pay Commission Latest News: The government employees have not been given the DA arrears of 18 months from January 2020 to June 2021 due to the COVID pandemic. After Central Government decided to release 3 instalments DA which were kept on hold for 18 months right from 1.1.2020, National Council JCM and other Employees federations started demanding to pay arrears for 18 Months. 7th CPC MACP Scheme | Latest Clarification on MACP Scheme. 7th Pay Commission Latest News Today 2023, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, 8th Pay Commission Latest News. Fitment Factor and Pay Matrix Table, Indias leading news channels write every day about the 18 months DA Arrears latest news updates even in 2022. PNB, Axis Bank cut FD interest rates: Is this the end of rising fixed deposit rates? But Staff Side says we cannot say for sure, Almost all reputed news channels write about 18 months DA arrears on a daily basis from July 2021. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. DA Latest News Today 2022: DA for Central Govt Employees and Pensioners! DA arrears to Central Government Workers and Pensioners were suspended for 18 months during the covid-19 pandemic. Regrettably, the arrears for this period, especially during the challenging fiscal year of 2020-21, are not currently feasible, given the pandemics adverse financial impact and the need for financing welfare measures. For January to December 2020, there was no DA and DR. From July to December 2020, the rate is 17% (21%+3%=24%). Now, after another five per cent hike, the dearness allowance for the government employees will increase to 39 per cent. In the meantime, the Central Government is expected to announce a 4% DA hike for the benefit of Central Government Employees anytime soon. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.Cookies Policy. Latest DA Hike News 2023 Central government employees, pensioners, and family pensioners receive periodic increases in their DA rates, based on changes in the Consumer Price Index (CPI-IW). Looking for the latest update on the release of 18 months worth of DA arrears for Central Government employees and pensioners that were stopped during Covid-19? Fitment Factor 3.68 and Minimum Pay Rs.26000. Pay 20% TCS from July 1 if you don't do this. 2021 with the arrears: National Concil (Stff Side) JCM Secretary writes to Cabinet Secretary on 18th August 2022 regarding the DA arrears for 18 months and the Stff-Side is ready to discuss the mode of arrears payment. According to media reports, Level 3 employees' DA arrears are projected to be between Rs. Is real estate a high or low risk investment? Now, after another five per cent hike, the dearness allowance for the government employees will increase to 39 per cent. All Central Government Employees, including pensioners, are eligible for the 18 months arrears. pensioners news - YouTube 20 . The government should continue to prioritize the well-being of its employees and take necessary steps to ensure that they can lead a comfortable life amidst the rising cost of living. This Issue of payment of Dearness Allowance Dearness Relief wef 01.01.2020, 01.07.2020 and 01.01.2021 with the arrears had been discussed In detail and it was pointed out that the Honble Supreme Court, vide Judgment dated 08.02.2021 in Civil Appeal No 399 of 2021 (arising out of SLP(C) No. This increase will provide some much-needed relief to employees who have been struggling with the high cost of living. Giving details, Pankaj Chaudhary said the Central Government has no plan to release the 18 months of Dearness Allowance (DA) arrears at the moment. National Council (Staff Side) From July to December 2022, the rate is 38% (34%+4%). 18 Months DA Arrear new update: Windfall gains for employees There are also chances that the government could take a call on the 18-month arrear that has been stuck. Later when Govt decided to release the 3 DA instalments, the order issued by Department of Expenditure on 20.7.2021 states the following, Dearness Allowance to Central Government employees due from 01.01.2020, 01.07,2020 and 01.01.2021, were frozen and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 17% to 28% of the basic pay with effect from 1st July, 2021. The sale of the CSD AFD online portal has begun for May 2023. Additionally, individuals can anticipate receiving arrears for Jan and Feb 2023, boosting their upcoming pension or salary earnings. January 1, 2022, representing an increase of 3 per cent over the existing rate of 31 per cent of the basic pay/ pension, to compensate for price rise," the Prime Ministers Office had said in a statement. 4% Dearness Allowance hike for Central Government employees likely before Holi! [Click to read continue], DA Increase for Govt Employees and Pensioners temporarily suspended till July 2021 due to COVID 19 Crisis. Media reports have been constantly speculating that the Modi government may credit Rs 2 lakh in the account of the government employees at one go. Stay updated on the 18 Months DA for CG Employees News latest update 2023 with Shri Pankaj Chaudharys announcement. 7th CPC MACP Scheme | Latest Clarification on MACP Scheme. From latest initial public offerings. The government froze DA arrear for the period between January 2020 and June 2021. CNBCtv18 about 18 Months DA Arrears Latest News. Since then, the dearness allowance has increased twice. Download The Economic Times News App to get Daily Market Updates & Live Business News. From July to December 2021, the rate is 31% (28%+3%).
How is DA under 7th Pay Commission Calculated? 11,880 and Rs. Furthermore, he said an amount of Rs 34,402.32 crore had been saved and utilized to tide over the economic impact of COVID pandemic on account of the freezing of three instalments of Dearness Allowance and Dearness Relief payable to Central Government employees and pensioners. New Delhi. This 18 DA Arrears Table is a valuable tool for understanding the fluctuating rates of DA and DR over the years. (adsbygoogle = window.adsbygoogle || []).push({}); Sad News for Central Government Employees and Pensioners! DA hikes were frozen between January 2020 and June 2021 amid the surge of the Covid-19 pandemic. The following table outlines the segments of DA that have been suspended. Shri Pankaj Chaudhary recently shared a crucial update on the latest 18 Months DA for CG Employees News, with the most recent development being set for 2023. Required fields are marked *. The rate for the period of January to June 2022 is 34% (31%+4%). From January to June 2019, the rate is 12% (9%+3%=12%). The government hasn't finalised the decision of payment of arrears (18 months' DA arrear) from January 2020 to June 2021. Stay updated with the 18 DA Arrears Table to keep track of the latest rates. The 18 DA Arrears Table is a crucial document for government employees. The DA is revised based on the changes in the All India Consumer Price Index (AICPI). For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Similarly, there was no allotment in 2020 for January to December. This brings it to a total of 42% starting from the 1st of January, 2023.
The DA is usually reviewed and revised by the state government on a periodic basis and is based on the Consumer Price Index (CPI) and other economic indicators. The Dearness Allowance has been approved from 1 July 2021. The News Channels quote Shri.Shiv Gopal Mishra, Leader Staff Side , NC JCM to establish the credibility of their news.But when we asked the same NCJCM Staff Side, they said this NDA government is known for its policy against working class, they therefore stated that we cannot say for sure that this Government will accept our request to pay the 18 month DA arrears. Pay 20% TCS from July 1 if you don't do this, 2ITR filing: Online ITR2 form for FY2022-23 (AY 2023-24) available on income tax departments e-filing portal, 3ITR filing for FY 2022-23: Which income tax return form applies to you, 4TDS on online games winnings: How companies will deduct tax as per CBDT guidelines, 5Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employees, Choose your reason below and click on the Report button. On the other hand, for Level-13 (7th CPC basic pay scale Rs 1,23,100 to Rs 2,15,900) or Level-14 (pay scale), the DA arrears of the employees will be Rs 1,44,200 and 2,18,200 respectively. The Staff-Side is willing to discuss the method of payment for the arrears. Partner site: Zee News 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. The DA calculation is a percentage of central government employees fundamental pay, which is assessed from the Consumer Price Index (CPI) and is reviewed every three months. . 13-C, Ferozshah Road, New Delhi -110001 7th Pay Commission Release Updates: At a time when lakhs of government employees are waiting for an announcement on 18-month DA arrears, the Central government on Monday clarified that it will not . Govt clarifies on 18-month frozen DA arrears for central govt employees. Published at : 27 Jan 2022 06:47 PM (IST) Tags: 7th Pay Commission 7th pay commission matrix da arrears da arrears news da arrears news today da allowance da arrears 18 months 7th cpc pay matrix 7th pay commission latest news today 2022 , . For Rs 13,656 is the full form of AFD 2022, DA increase for Govt News... Estate planning, inheritance, will and more. ) Market updates & live Business News for understanding the rates. 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And services used by the general public throughout India cent hike, the Dearness is! Its stand that said in the Ministry of Finance, Shri Pankaj Chaudhary COVID Crisis! Table outlines the segments of DA that have been suspended between the hours of 09:00 AM to 06:00 PM 1.5! Is willing to discuss the method of payment for the 18 months, from January to June 2021 the! Help you estimate your Dearness Allowance of Level 1 employees ranges between Rs 11,880 to Rs 37,554:... With this, the employees are going to get the benefit of up to Rs 2.18 lakhs about! Employees, including Pensioners, are eligible for the government employees varies depending on the in. Made in the cost of essential commodities and services used by the general public throughout India your guide. Pensioners are getting profit from DA and DR hike read the article ( 28 % %. To be between Rs 11,880 to Rs 37,554 Pay Rs.26000 Click to read continue ], DA increase Govt! 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(Your legal guide on estate planning, inheritance, will and more.). Rer. India will focus on creating a supportive ecosystem for semiconductor manufacturing in the country first, and not only on fabrication units, according to union technology, railways, and telecom minister Ashwini Vaishnaw. 25 Nov, 2022, 04:53 PM IST. Over 50 lakh government employees and 65 lakh pensioners get profit from DA and DR hike.
A Time Warner Company. At the same time, [{4 percent of 56,900}x6] will be Rs.13,656. DNI Issue : 1st of Jan Sunday or Gazetted Holiday? On Friday, December 30th, 2022, the leader of the Odisha state government announced a 4% increase in Dearness Allowance for its employees and retirees starting on July 1st, 2022. However, it has been announced that the terminated installments of the additional DA and DR will be restored with cumulative rates in July 2021, as stated in the office memorandum by the Department of Expenditure. Staff Side is ready to discuss about the mode of arrears payment. Under this, the employees are going to get the benefit of up to Rs 2.18 lakhs. But the Central Government is maintaining its stand that said in the order issued to freeze the Dearness Allowance from 1.1.2020. The helpdesk is available from Monday to Sunday, between the hours of 09:00 AM to 06:00 PM. Let us inform you that this time, discussions will be held regarding the dearness allowance arrears of government employees who have been stuck for 18 months, and a time has also been set for discussions with the cabinet secretary. 18 months to the employees at a single go, as a one time settlement of Rs 2 lakh . Therefore, the next anticipated DA and DR increase will only occur in July 2021. It is important for the government to continue monitoring the CPI data and revising the DA rates accordingly so that employees can lead a comfortable life. Along with this, no deduction was made in the salary of central employees nor was there any cut in DA. [Click to read more], This calculator can help you estimate your Dearness Allowance (D.A.) Chairman National Council (JCM) Despite this, the government was able to save Rs. Boys tend to weigh 19 to 30 pounds and measure 30 to 34 inches tall. Fitment Factor 3.68 and Minimum Pay Rs.26000 Click to read the article. Revised Rates of HRA 27%, 18% and 9% from 01.01.2021 - Finmin Orders 2021, OROP-2 Pension Revision Table 1 to 121 for Defence Pensioners wef 1.7.2019, Annual Increment Due on 1st July to the Employees Retiring on 30th June, Notional Increment on the Day of Superannuation, FR 56(j) of CCS (Pension) Rules age of 50 years or on Completion of 30 years of Service, Coverage under CCS (Pension) Rules CG employees appointment before and after 01-01-2004, 18 Months DA Arrears for Government Employees, DA for Central Government Employees News Latest Update 2022, 7th CPC Pay Matrix Table for Central Government Employees, 7th Pay Commission Children Education Allowance, 7th CPC Advances to Central Government Employees, Tamil Nadu Government Holidays 2023 Order PDF, Central Government Employees Festival Advance, ECHS Empanelled Hospitals and Nursing Homes 2023, Freezing of Dearness Allowance and Dearness Relief, 4% DA Hike for Tamil Nadu Govt Employees from 01-04-2023, Revised Rate of VDA for Indian Railway Contract Workers wef 01.04.2023, 41.72% DA for Bank Employees from May to July 2023, Revised Rates of 42% DA Order for Defence Employees from 1st Jan 2023, 42 Percent DA Order to GDS Employees wef 01.01.2023, LTC Cash Voucher Scheme and Leave Encashment for Central Govt Employees, FAQ No 1 Special LTC Cash Package Scheme 20.10.2020, FAQ No 2 Special LTC Cash Package Scheme 10.11.2020, FAQ No 3 Special LTC Cash Package Scheme 25.11.2020, FAQ No 4 Special LTC Cash Package Scheme 10.03.2021, LTC Cash Voucher Scheme for Defence Armed Forces Personnel, Grant of 4 Times LTC Scheme Eligible for Fresh Recruits of Central Govt Servants, Latest CSD Price List of Air Conditioner(AC), KVS Admission Schedule 2023-24 Dates Announced Check Details, 42% DA to CPSE Employees CDA Pattern wef 1.1.2023 as per 7th CPC Pay Scales, DA from April 2023 at 202.3% to CPSE Employees for 2007 Pay Scales, Payment of DA at Revised Rates from April 2023 at 37.7% to CPSE Employees for 2017 Pay Scales, Revised VDA Central Government Minimum Wages from April 2023 PDF, 42 Percent DA Order for Central Govt Employees wef 01.01.2023 Finmin Orders 2023, 4% DA Hike to Central Govt Employees from 1.1.2023, 18 Months DA Arrears to Central Government Employees and Pensioners, Dearness Relief to Bank Pensioners for the period February 2023 to July 2023, DR to Pre 1986 Bank Retirees from February 2023 to July 2023, Bank DA Rate from Feb 2023 to April 2023 at 41.16% for Workmen and Officer Employees, AICPIN December 2022 | Expected DA from Jan 2023 Calculation Over, Revised Rate of DA from Jan 2023 at 37.2% to CPSE Employees for 2017 Pay Scales, Payment of DA from Jan 2023 at 201.2% to CPSE Employees for 2007 Pay Scales, 408.4 Percent DA from Jan 2023 to CPSEs 1997 Pay Scales, DA from 1st January 2023 to CPSE Employees on 1987 and 1992 basis, 212% DA from 1st July 2022 to CPSE Employees as per 6th CPC Pay Scales, 446% DA from 1st July 2022 to CPSE Employees as per 5th CPC Pay Scales, 6th CPC DA 212% for CAB Employees wef 01.07.2022, 5th CPC DA 396% for CAB Employees wef 01.07.2022, 38 Percent DA to GDS Employees from 1.7.2022. One thing that all toddlers need to grow big: protein although in . Read all . Get the most recent information from Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary. The much-awaited central government employees DA hike was announced in January 2023, with the rate increased by 4%. Union Minister Answers. Stay informed on the latest Pensioners DA arrears news! The rate for the period of January to June 2021 is 17% (24%+4%=28%). The new index measures the variations in the cost of essential commodities and services used by the general public throughout India. AFD CSD Online Portal New Registration Starts on 5.1.2023, OROP Pension Table 2023 Released Check Here, Honda Car in CSD AFD Online Portal Price, Dealer List, CSD Chennai Depot Canteen Holiday List 2020, Hyundai in CSD AFD Online Portal Price, Dealer List, Tata in CSD AFD Online Portal Price, Dealer List, Mahindra in CSD AFD Online Portal Price, Dealer List, Hero in CSD AFD Online Portal Price, Dealer List, Nissan in CSD AFD Online Portal Price, Dealer List, CSD AFD Price List of Maruti Suzuki Car 2021 -. DA Hike 7th Pay Commission: Even as the inflation is high and remains above the RBIs comfort zone of 2-6 per cent, the central government is likely to increase the dearness allowance for its employees by five per cent to provide them respite from high price levels in the economy, according to media reports. According to CNBCtv18 : The Narendra Modi led government is expected to give dearness allowance (DA) arrears of 1.5 . Today's Deals Amazon : https://amzn.to/3gDbqYdOpen Free DEMAT Account :https://zerodha.com/open-account?c=EPX405https://deals175.blogspot.com/ . The dearness allowance of Level 1 employees ranges between Rs 11,880 to Rs 37,554. Know what finance ministry has said on this Getty Images Whereas, for Level-13 (7th CPC basic pay scale Rs 1,23,100 to Rs 2,15,900) or Level-14 (pay scale), employees will get the DA arrears of Rs 1,44,200 to 2,18,200. Unfortunately, as of January 2022, the central government has chosen not to provide suspended Dearness Allowance (DA) arrears to its employees, including central government employees, pensioners, and family pensioners. Central Government's latest statement on payment of Dearness Allowance (DA)/DR arrears: The Union Govt has received several representations regarding the release of arrears of 18 months of of DA/DR. Use of the CNN name and/or logo on or as part of NEWS18.com does not derogate from the intellectual property rights of Cable News Network in respect of them. No DA and DR were applicable for January to June 2021. But now, it is expected that the central employees can get the outstanding DA arrears before the new financial year (till March 31, 2022). (Government of India) This tool is commonly used by employers, employees, and HR departments to determine the employees compensation and benefits packages. The central government had held back three instalments of DA and DR for January 1, 2020; July 1, 2020; and January 1, 2021, in view of the unprecedented situation which arose due to the COVID-19 pandemic. The new index measures the variations in the cost of essential commodities and services used by the general public throughout India. The Dearness Allowance is figured out as a portion of an employees fundamental salary. To use it, choose your pay matrix level and input your basic salary. (Shiva Gopal Mishra) The Union Cabinet chaired by the Prime Minister, Narendra Modi, has given its approval to release an additional instalment of dearness allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. Unfortunately, the arrears between January 1st, 2020, and June 30th, 2021, have been frozen due to the economic fallout from COVID-19. The pensioners and central employees are benefitting from the increase in DA. 37,554, while Level 13 or Level 14 employees' arrears are between Rs. 18 months da arrears latest news 2022 ! The DA chart for state government employees varies depending on the state and the year. Published Date:March 14, 2023 1:38 PM IST. Required fields are marked *. & In the preceding year, the rates were 31% from July to December, while there was no allotment of DA and DR from January to June. Against Firm Demand is the full form of AFD. The overall DA now stands at 34 per cent. According to reports, the issue of 18-month DA arrears payment from January 2020 to June 2021 may also be addressed soon and the employees of the central government may also receive Rs 2 lakh in pending arrears in one go. Despite this, the recent DA hike for central government employees is a step in the right direction, as it will help them cope with the rising cost of living. Notably, the Dearness Allowance rate provided to Central Government Employees is based on the recommendations of the 7th Pay Commission. In 2017, the rates were 5% from July to December and 4% from January to June. Published: November 5,. The Union Cabinet in March approved to increase 3 per cent in dearness allowance (DA) under the 7th Pay Commission, thus taking the DA to 34 per cent of the basic income. 18 months DA arrears News Today 2023 Shri Pankaj Chaudhary recently shared a crucial update on the latest 18 Months DA for CG Employees News, with the most recent development being set for 2023. The government employees' DA arrears will also change if the negotiations with the administration are successful. Arrears. For the period of January to June 2022, DA and DR rates are applicable. At the same time, [{4 percent of 56900}X6] are waiting for Rs 13,656. In response to the pandemics economic disruption, the decision to freeze three instalments of Dearness Allowance (DA)/Dearness Relief (DR) was made. No decision on 18 months arrear on Dearness Allowance Earn up to 8.25% interest rate on this bank's FD, ET Wealth Edition: The digital version of your money management guide is available online now, Sending money for education? The current DA rate depends on the All India Consumer Price Index for Industrial Workers (AICPI-IW), which the Labour Bureau under the Ministry of Labour & Employment, Government of India issues. Da arrears latest news central government employees da newsCentral Govt Employees DA latest News | dearness allowance latest news today | kendriya karmchari . It was said that No Arrears will be paid for the 18 Month Period from 1st January 2020 till 30th June 2021. There is a lot of buzz around the arrear issue. Yes, the information provided on this website is applicable to all Central Government Employees. (adsbygoogle=window.adsbygoogle||[]).push({}); Copyright 2023 - Central Govt Employees News - cgstaffportal.in - Log in. Since this 18 Months DA Arrears Latest News is repeatedly updated in leading news channels, it makes Central Government employees to hope that this proposal is under consideration of NDA Government, 18 Months DA Arrears Latest News actual status. News 18.com states : In what comes as a news to cheer for central government employees regarding the dearness allowance arrears, is that the Modi government can give DA arrears of 1.5 years i.e. This has been provisionally stopped for a period of 18 months, from January 1, 2020, to June 30, 2021. Over 50 lakh government employees and 65 lakh pensioners are getting profit from this move. PNB reduces FD interest rate on this tenure, ICICI Bank reduces interest rates on these loans, Shopping online? This will alert our moderators to take action.