ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • What should investors do with Bajaj Auto Buyback? Anil Singhvi suggests this
  • JP Morgan bullish on global markets in H2; rejects possibility of recession, sees inflation receding in second half
  • Dalal Street Corner: Easing commodity prices, buying interest in IT, Metal help market extend gains; what should investors do on
  • PM Modi meets Joe Biden, Emmanuel Macron and Justin Trudeau at G7 Summit
  • Mahindra Scorpio-N 2022: Finally, New Scorpio is here - Price, Booking Open Date, Delivery Date, Variants, Features and more
Read in App
Business News » India News

DA hike announced for government employees, pensioners of this state

The decision, which will benefit about 4.50 lakh state government employees and 1.60 lakh pensioners, was taken at the State Administrative Council (SAC) meeting here under the chairmanship of Governor Satya Pal Malik, an official spokesperson said.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
DA hike announced for government employees, pensioners of this state
The decision's impact on the exchequer would be Rs 600 crore for the financial year 2019-20, the spokesperson said. Image source: Reuters

The Jammu and Kashmir administration Thursday sanctioned an increase of three per cent in dearness allowance (DA) payable on basic pay to state government employees and pensioners with effect from January 1.

The decision, which will benefit about 4.50 lakh state government employees and 1.60 lakh pensioners, was taken at the State Administrative Council (SAC) meeting here under the chairmanship of Governor Satya Pal Malik, an official spokesperson said.

He said with this decision, the employees would now be entitled to 12 per cent DA on their basic pay with effect from January 1.

The decision's impact on the exchequer would be Rs 600 crore for the financial year 2019-20, the spokesperson said.

Watch this Zee Business video

He added that the arrears accumulated on account of DA hike would be paid in cash after April 1 in respect of all categories of employees as well as pensioners.  

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:
Dearness AllowanceJammu and Kashmir
Written By: PTI
Updated: Thu, Feb 28, 2019
07:52 pm
Jammu, PTI
RELATED NEWS
DA Hike News for Central Govt Employees, Pensioners: Dearness Allowance now 34% as per 7th Central Pay Commission (CPC) DA Hike News for Central Govt Employees, Pensioners: Dearness Allowance now 34% as per 7th Central Pay Commission (CPC)
DA Hike News 2021: Good news for government employees of this state - Dearness Allowance increased to 31% DA Hike News 2021: Good news for government employees of this state - Dearness Allowance increased to 31%
Good news for Central Govt employees! Cabinet hikes DA by 3%, to be in effect from July 1, 2021 Good news for Central Govt employees! Cabinet hikes DA by 3%, to be in effect from July 1, 2021

LATEST NEWS

Nifty IT index jumps nearly 3% intraday on these two triggers; Tech Mahindra, HCL Tech among others surge up to 4%

Gold price rises as G7 nations plan to ban bullion imports from Russia

What should investors do with Bajaj Auto Buyback? Anil Singhvi suggests this

Mahindra Scorpio-N 2022: Finally, New Scorpio is here - Price, Booking Open Date, Delivery Date, Variants, Features and more

SEBI issues warning letter to Aurobindo Pharma over US FDA audit

Gold price outlook: Why yellow metal may trade volatile this week? Know key buy zone, sell zone here

Rakesh Jhunjhunwala-backed Nazara Technologies stock jumps 6% on bonus share record date, up 25% in 2 sessions; brokerage sees 180% upside

Stocks to buy today: List of 20 stocks for short to long term investments on June 27

Rupee Vs Dollar: Rupee ends almost flat at 78.34 against US dollar

Stocks to buy: Sanjiv Bhasin picks Godrej Properties, Amara Raja, Arti Industries for gains today; Check why

  • 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
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV