ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • IPL 2023
    • Karnataka Elections 2023
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Big DA hike bonanza! Modi government's financial gift to 1.1 crore employees, pensioners - Check details

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Big DA hike bonanza! Modi government's financial gift to 1.1 crore employees, pensioners - Check details
The decision in this regard was taken at the Union Cabinet meeting chaired by PM Narendra Modi. Image: PM Modi and Rs 2000 note from PTI and Reuters respectively.

The Union Cabinet Tuesday increased the dearness allowance by 3 per cent effective from January 1, 2019, a move which will benefit 1.1 crore central government employees and pensioners.

The decision in this regard was taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi.

The Cabinet has approved additional DA of 3 per cent over the existing rate of 9 per cent to government employees and dearness relief to pensioners from January 1, 2019, Finance Minister Arun Jaitley told reporters after the Cabinet meeting.

The hike will benefit about 48.41 lakh central government employees and 62.03 lakh pensioners.

This increase is in accordance with the accepted formula, which is based on the recommendations of the Seventh Central Pay Commission.
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
DA hike
Written By: IANS
Updated: Tue, Feb 19, 2019
09:56 pm
IANS
RELATED NEWS
DA Hike: This state government announces 4% hike in dearness allowance of employees, pensioners DA Hike: This state government announces 4% hike in dearness allowance of employees, pensioners
7th Pay Commission: DA hike announcement likely on THIS day, check how much your salary will increase 7th Pay Commission: DA hike announcement likely on THIS day, check how much your salary will increase
7th Pay Commission: These two major announcements likely for central government employees in Budget 2023 7th Pay Commission: These two major announcements likely for central government employees in Budget 2023

LATEST NEWS

Apollo Hospitals Q4 results: Net profit jumps 50% but fails to keep up with analysts' estimates

Jubilant Pharmova announces leadership changes; Priyavrat Bhartia takes over as MD

To get rid of long queues at stations, Delhi Metro launches WhatsApp ticket booking service for Airport Express Line

G20 Summit 2023: Goa to host five important G20 meets in June

RBI to expand CBDC pilot, includes more banks, locations

India to host SCO Summit virtually on July 4

RBI Annual Report 2022-23: Govt deficit, debt moderated in 2022-23

Stove Kraft shares plunge after Pigeon kitchen appliances maker's Q4 results; here's what's worrying investors

MediaTek, Nvidia join hands to transform automobiles with AI

WhatsApp rolls out 'status archive' feature for businesses on Android

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV