Sign in
  • Home
  • Wages Act
  • Salary
  • Labour Law
  • Compensation
  • Social Security
  • Health & Safety
  • Resources
  • Leave Policy
  • Health & Relationship
Sign in
Welcome!Log into your account
Forgot your password?
Password recovery
Recover your password
Search
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Rightsofemployees.com
  • Home
  • Wages Act
  • Salary
  • Labour Law
  • Compensation
  • Social Security
  • Health & Safety
  • Resources
  • Leave Policy
  • Health & Relationship
Home Finance DA Increased: Good news for employee-pensioners, 2.73% hike in DA, arrears to...

DA Increased: Good news for employee-pensioners, 2.73% hike in DA, arrears to be paid in 8 installments

Facebook
Twitter
Pinterest
WhatsApp
Telegram

    7th Pay Commission: With the beginning of the new year (New Year 2023), the government employees of Telangana state (Tamil Nadu) have got a big gift. The decision will benefit around 4.4 lakh government employees and 2.88 lakh pensioners in the state.

    The state government has announced a 2.73 per cent hike in Dearness Allowance (DA), which will be implemented from July 1, 2021. After the amendment, the DA of the employees has increased from 17.29 percent to 20.02 percent.

    The arrears of payment of dearness allowance for the period from July 1, 2021 to December 31, 2022 will be credited to the General Provident Fund (GPF) account of the employees. However, the arrears of dearness allowance will be paid to the employees retiring on May 31, 2023. He is exempted from making any contribution to General Provident Fund during the last four months of service.

    Lakhs of employees will be benefited

    Payment of revised dearness relief for pensioners will be payable in February, 2023 along with pension of January, 2023. According to the orders issued on Monday, the dearness relief arrears from July 1, 2021 to December 31, 2022 will be paid in eight equal monthly installments starting from February, 2023 and payable in March, 2023.

    Finance Minister T Harish Rao said that the state government’s decision to increase DA will benefit 4.40 lakh government employees and 2.88 lakh pensioners. According to the employees, dearness allowance for July 2021 has been issued and dearness allowance for January 2022, July 2022 and January 2023 is outstanding.

    The Tamil Nadu government also increased it, let us tell you that earlier the Tamil Nadu government had increased the dearness allowance by four per cent. After this, the DA received by them has increased from 34 percent to 38 percent. After this decision of Tamil Nadu government, there will be a huge increase in the salary of more than 16 lakh employees of the state. Till now the employees were given 34 per cent dearness allowance, which has now increased to 38 per cent. However, after this decision, there will be an increase in the expenditure of the government.

    • TAGS
    • 7th pay Commission
    • 8 installments
    • DA
    • DA increased
    • Dearness Allowance
    • employee-pensioners
    • General Provident Fund
    • GPF) account
    • lakhs of employees
    • Tamil Nadu
    Facebook
    Twitter
    Pinterest
    WhatsApp
    Telegram
      Previous articleHDFC Bank Increased FD rates, now avail maximum interest rates up to 7.75%
      Next articleDelhi Mero FREE Traveling: These people can travel for free in Delhi Metro, do this work instantly
      Pravesh Maurya

      Related ArticlesMore From Author

      Finance

      EPF Pension: EPFO ​​gave the benefit of increased pension to retired employees before 2014? Supreme Court’s order

      Finance

      NPS Withdrawal Rules: Withdraw money before maturity of NPS, this is the step-by-step process

      Finance

      UPI International Service: Now users will be able to do transactions in these five countries with PhonePe

      Recent Posts

      • EPF Pension: EPFO ​​gave the benefit of increased pension to retired employees before 2014? Supreme Court’s order
      • NPS Withdrawal Rules: Withdraw money before maturity of NPS, this is the step-by-step process
      • UPI International Service: Now users will be able to do transactions in these five countries with PhonePe
      • Airport Partially Shut: Big news! This airport was partially closed for 10 days, know more about your flight schedules
      • Employees Salary Increased: Big news! 5 % increase in the salary of employees, check details

      Read More

      EPF Pension: EPFO ​​gave the benefit of increased pension to retired...

      February 8, 2023

      NPS Withdrawal Rules: Withdraw money before maturity of NPS, this is...

      February 8, 2023

      UPI International Service: Now users will be able to do transactions...

      February 8, 2023

      Airport Partially Shut: Big news! This airport was partially closed for...

      February 8, 2023
      salary

      Employees Salary Increased: Big news! 5 % increase in the salary...

      February 8, 2023

      EDITOR PICKS

      EPF Pension: EPFO ​​gave the benefit of increased pension to retired...

      February 8, 2023

      NPS Withdrawal Rules: Withdraw money before maturity of NPS, this is...

      February 8, 2023

      UPI International Service: Now users will be able to do transactions...

      February 8, 2023

      POPULAR POSTS

      Consumer Rights in India

      January 29, 2018

      Guidelines for Gold: You have also kept gold in the house,...

      September 29, 2022

      LIC Higher Return policy! Deposit only Rs 44 and get 27.60...

      September 30, 2022

      POPULAR CATEGORY

      • Finance3414
      • EPF429
      • TAX396
      • PF119
      • Jobs61
      • PROVIDENT FUND59
      • Labour Law42
      • Compensation26
      ABOUT US
      Rightsofemployees.com delivers the most comprehensive source of free-to-access Govt. updates, analysis and insights. We publish articles every day.
      Contact us: [email protected]
      • Home
      • About us
      • Privacy Policy
      © Copyright 2018 - Rightsofemployees.com