7th Pay Commission Dearness Allowance - Watch Video: DA hiked by 5 per cent! Big Modi government Diwali present for employees
7th Pay Commission latest news today: This big decision will benefit over 1.1 cr employees and pensioners. This 7th CPC based DA hike represents an increase of 5% over the existing rate of 12% of the Basic pay/Pension that takes it to 17% and is to compensate for price rise. This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Pay Commission.
7th Pay Commission latest news today: PM Narendra Modi-led Cabinet today announced a 5 per cent Dearness Allowance and Dearness Relief (DR) hike, Photo: Reuters