LIVE TV
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
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Personal Finance News

7th Pay Commission: Big bonanza on Dearness Allowance (DA), Dearness Relief (DR) for Central Government employees, pensioners coming before Holi?

7th Pay Commission latest news today: The centre may soon announce the Dearness Allowance (DA) for the January to June 2021 period ahead of the Holid Festival falling next month.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
7th Pay Commission: Big bonanza on Dearness Allowance (DA), Dearness Relief (DR) for Central Government employees, pensioners coming before Holi?
7th Pay Commission latest news today: There is a buzz in media that the central government is in the mood to announce a double bonanza for both central government employees and pensioners. Photo: Reuters
Written By: ZeeBiz WebTeam
Updated: Thu, Feb 25, 2021
09:13 am
New Delhi, ZeeBiz WebDesk
RELATED NEWS
7th Pay Commission: DA, DR, TA calculation, salary change from July 1 and other updates for central government employees, pensioners 7th Pay Commission: DA, DR, TA calculation, salary change from July 1 and other updates for central government employees, pensioners
7th Pay Commission Latest News: 'Special Allowance' extended for These Central government employees 7th Pay Commission Latest News: 'Special Allowance' extended for These Central government employees
7th Pay Commission: DA, DR calculation for central government employees, pensioners—Here is what they will get from July 1 7th Pay Commission: DA, DR calculation for central government employees, pensioners—Here is what they will get from July 1
7th pay Commission: This is what Centre said about pending DA installments; staffers to get it by 'this' month 7th pay Commission: This is what Centre said about pending DA installments; staffers to get it by 'this' month
7th Pay Commission Latest News: Big benefit on Dearness Allowance (DA), Dearness Relief (DR) coming for central government employees, pensioners? 7th Pay Commission Latest News: Big benefit on Dearness Allowance (DA), Dearness Relief (DR) coming for central government employees, pensioners?

7th Pay Commission latest news today: The centre may soon announce the Dearness Allowance (DA) for the January to June 2021 period ahead of the Holid Festival falling next month. However, if we go by recent media reports, there is a buzz that the central government is in the mood to announce a double bonanza for both central government employees and pensioners. The media reports further claim that the central government may choose to announce 4 per cent DA for H-1 2021 period while they might choose to restore DA and Dearness Relief (DR). If they do this, it will be a big Holi bonus for around 52 lakh central government employees and near 62 lakh central government pensioners. However, the central government is yet to make any official statement in this regard.

DA calculation for H-1 2021

Speaking on the calculation involved in central government employees expecting 4 per cent DA for January to June 2021 period; Prayagraj-based AG Office Brotherhood's Harishankar Tiwari said, "The Union Labour Office has declared the AICPI (All India Consumer Price Index) data that indicates that the centre will announce DA hike to the tune of at least 4 per cent. The central government employees have been speculating about the DA hike about the same 4 per cent but after the declaration of this AICPI data, things regarding their DA hike has become more clear now."

However, these are mere announcements as the central government has already frozen DA and DR for the central government employees and pensioners till June 2021. However, if we go by the recent media reports as mentioned above, then this announcement would mean a big salary and pension hike for near 52 lakh central government employees and near 62 lakh central government pensioners.

WATCH | Click on Zee Business Live TV Streaming Below:

DA, DR benefit for central government servants, pensioners

If the centre decides to restore DA and DR by this Holi, then it would mean, 4 per cent DA hike for July to December 2020 and 4 per cent DA hike for January to June 2021 will be added in the monthly salary of the central government employees. So, a big salary hike can be expected in the central government employees. Similarly, after the DR restoration, central government pensioners will have a sigh of big relief too.

DA restoration will lead to rise in other benefits too

Since DA is linked to Travel Allowance (TA) and monthly PF contribution. The news of DA restoration will mean a rise in TA in one's monthly salary plus a rise in the monthly PF contribution of the central government employee as well.

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:
7th Pay commissionSeventh pay commission7th CPCcentral government employees
RELATED NEWS
7th Pay Commission: DA, DR, TA calculation, salary change from July 1 and other updates for central government employees, pensioners 7th Pay Commission: DA, DR, TA calculation, salary change from July 1 and other updates for central government employees, pensioners
7th Pay Commission Latest News: 'Special Allowance' extended for These Central government employees 7th Pay Commission Latest News: 'Special Allowance' extended for These Central government employees
7th Pay Commission: DA, DR calculation for central government employees, pensioners—Here is what they will get from July 1 7th Pay Commission: DA, DR calculation for central government employees, pensioners—Here is what they will get from July 1
7th pay Commission: This is what Centre said about pending DA installments; staffers to get it by 'this' month 7th pay Commission: This is what Centre said about pending DA installments; staffers to get it by 'this' month
7th Pay Commission Latest News: Big benefit on Dearness Allowance (DA), Dearness Relief (DR) coming for central government employees, pensioners? 7th Pay Commission Latest News: Big benefit on Dearness Allowance (DA), Dearness Relief (DR) coming for central government employees, pensioners?

LATEST NEWS

KVS Admission 2021: Class 1 provisional select and waitlist, website for reference and other details parents must keep in mind

Midcap Picks with Anil Singhvi: Astral Poly, Syngene International and Thyrocare - 3 very buzzing counters

BIG! VACCINATION FOR ALL for 18 years and above from 1 May - here are key takeaways form this Government decision

Delhi Metro Commuters Alert: Gates of these stations to remain closed; Also check frequency of trains during peak hours and rest of the Day

Former PM Manmohan Singh tests positive for Covid-19, admitted to AIIMS Delhi

Apex Legends Mobile pre-registration: Will this game overtake PUBG Mobile, COD Mobile and Free Fire in India? Check here!

Apex Legends Mobile: Officially announced; check Pre-Registration link, India availability, more details about the Apex Legends Mobile Launch NOW

Macrotech Developers share price recovers 15% from yesterday's lows

NATA 2021 Result: Results for the first NATA 2021 exam to be announced TODAY at nata.in SOON - see how to check and other details here

Kerala SSLC HSC Exams Updates: Important news for candidates as covid shoot up - see all details here

  • 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
Copyright © Zee Media Corporation Ltd. All rights reserved