dearness allowance in 2022

The hike is effective from January 1, 2022. It will benefit approximately 4.8 million employees and 6.9 million, pensioners. 01.01.2022 representing an increase of 3% over the existing rate of . Dearness Allowance (D.A.) Now the AICPIN for December 2021 also was released by Labour bureau on 31.1.2022. Dearness Allowance to the employees of Central Government & Central Autonomous Bodies drawing pay as per 5th CPC - Revised Rates effective from 01.01.2018: Download (410.83 KB) 28/03/2018: 1/3/2008-E.II(B) Dearness Allowance to the employees of Central Government & Central Autonomous Bodies drawing pay as per 6th CPC w.e.f 01.01.2018 Consequent upon grant of another installment of Dearness Allowance with effect from 1st January, 2022 to the Central Government Employees vide Government of India, Ministry of Finance, Department of Expenditure's O.M. PP-8/2/2021-PAP dated 04.04.2022, the Gramin Dak Sevaks (GDS) have also become . The Chief of the Army Staff The Chief of Naval Staff The Chief of the Air Staff. According to reports, the Railways has cleared the way to increase the DA of employees of all zones and DR of pensioners. Railway employees will get DA arrears of three months. While working out the revised Dearness Allowance, fraction of a rupee shall be rounded off to next higher rupee if such fraction is 50 paise and above and shall be ignored if it is less than 50 paise. In this sense, we can estimate DA from January 2022, for which we have actual All India Consumer Price Index for 10 months in hand i.e from January 2021 to October 2021. dearness allowance jan 2022 . Dearness allowance for central government employees and pensioners hiked by 3 per cent to 34 per cent, effective January 1, 2022. OFFICE MEMORANDUM The central government employees can expect their DA to go up by 3 percent, effective January 1, 2022. This is a 3% hike from the 31% of 2021 and benefits over 50 lakh central government employees and over 55 lakh retired employees. Dearness Allowances Rates 7 TH Central Pay Commission ( Effective from 01.01.2016 ) Inflation neutralization: 100% for all Pay Bands. With this calculator we can know the predictable Dearness allowance for the coming January 2022, using the AICPIN points, issued by the Ministry of labor and Employment, Labour Bureau every month. As per this result of DA Calculator, the expected DA increase from July 2022 will be around 3%to 4% level only. No. After getting requests from several employees, the government has decided to hike the HRA. The combined effect of rise in rate for DA and DR on the exchequer would be around ₹9,544.50 crore every year. Shivraj Singh Chouhan said that the MP state government has decided to increase the dearness allowance (DA) of government employees to 31 percent which will start from April. Certain directions to DDO have been provided in accordance with RPS 2022 Fitment, Master Scale, Revised Pay Scales, Dearness Allowance, Automatic Advancement Scheme(AAS), DA Merged in PRC-2022, and Present Pay Fixation . The dearness allowance is compensation for the cost of inflation mandatorily provided by the Central Government to its public sector employees. Dearness allowance for central government employees hiked by 3% VC investments grow 4-fold in a year, hits record high of $38.5 billion in 2021 SAQS Accreditation by AMDISA places JIMS, Kalkaji in . 7. OFFICE MEMORANDUM. Revised rates of Dearness Allowance to the employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/Grad Pay as per 5th Central Pay Commission from 01.07.2021. What is the expected Dearness allowance from July 2022? So the average AICPIN required for calculation of the Rate of DA from January 2022 is available . To. As per the trend, the Expected DA from July 2022 is 3% - 4%, however, we have to wait for another 4 months' AICPIN value to confirm What is the current Dearness Allowance for Central Government Employees? The expected increase (In Rupees) in DA and salary at various pay levels is as under: Dearness Allowance % = ( (Average of AICPI (Base Year 2001=100) for the past 3 months -126.33)/126.33)*100. Dearness Allowance is a component of . Dearness allowance and Dearness relief are being granted to existing employees and retired employees respectively. 6.The additional instalments of Dearness Allowance payable under these orders shall be paid in cash with effect from 01-01-2022. No. Dearness Allowance 7th Pay Commission: Central government employees' salary may increase by THIS amount in 2022. Date Rates of Dearness Allowance 01.01.2016 Date 0 01.01.2021 01.07.2016 2% 01.07.2021 01.01.2017 4% 01.01.2022 01.07.2017 5% 01.07.2022 01.01.2018 7% 01.01.2023 01.07.2018 9% 01.07.2023 01.01.2019 12% 01.01 . Dearness Allowance rates from 2016. The proposal to increase the dearness allowance has been approved by the centre. Download The file (33.96 KB) Date: Monday, August 16, 2021. As of January 2022, the dearness allowance for central government employees and retired employees is 34%. From 1st of January 1996 onwards, dearness allowance is included in order to compensate for the price rise or inflation, in a specific financial year. The government is planning to hike the House Rent Allowance (HRA) as well as the Dearness Allowance (DA) for central employees in January 2022. Dated the 7th April, 2022. The CPI (IW) for November 2021 is 125.70 and if it remains at the same level during December 2021 there shall be an increase of 3% in dearness allowance. Wednesday, Mar 23, 2022 The Financial Express It was again increased in October, 2021. Dearness Allowance 7th Pay Commission latest update: Govt may hike DA by 3% to 34%, good news likely this New Year. Here is how a DA hike of 3% will impact central government employee's salary. Read on. Dearness Allowance = (AICPI Average with the base year of 2001 which is equal to 100 (since 12 months- 115.76 divided by 115.76) * 100. Provision of additional installment to Government servants is to compensate for the price hike of essential commodities. 1/2/2022-E-II (B) dated 31.03.2022, duly endorsed vide this Department's letters No. PP-8/2/2021-PAP dated 04.04.2022 . Now, the combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs 9.544.50 crore per annum. Dearness Allowance for Workmen & Officer Employees in banks from Feb 2022 to April 2022; Grant of Dearness Allowance to Central Government employees - Revised Rates effective from 01.01.2022 : Finmin; Bank: Dearness Allowance for Workmen and Officer Employees in banks for Nov, Dec 2021 & Jan 2022 @ 30.38 % of 'pay': IBA Order The Payment of Dearness Allowance for the month of January, 2022 shall be drawn and disbursed by existing . Subject: Payment of Dearness Allowance to Armed Forces Officers and Personnel Below Officer Rank including NCs(E) — Revised rates effective from 01.01.2022. 1/2/2022-E-II (B) dated 31.03.2022, duly endorsed vide this Department's letters No. April 7, 2022. The same has been done as per the recommendations of the 7th Central Pay Commission. Dearness Allowance for the period from 01-01-2020 to 31-12-2021 shall be paid at the rates of 17% continuously. The Centre, in July 2021, had given a 5 per cent hike in the dearness allowance of its employees to 28 per cent from 17 per cent after a long pause. 5th CPC Dearness Allowance from Jan-2022 @ 381% for CABs employees: Fin Min releases order for Dearness Allowance to the employees of Central Government and Central Autonomous Bodies. Dearness Allowance is a component of the Basic Pay, which is calculated on the basis of the difference between the Consumer Price Index (CPI) at two points in time. 3 min. The maximum increase is 5% and minimum is 1%. Advertisement. Mar 30, 2022, Updated Mar 30, 2022, 2:41 PM IST. The Union Cabinet has decided to increase Dearness Allowance for government employees by 3 per cent. The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday approved a hike of 3 percent in the Dearness Allowance or DA for the central government employees and Dearness Relief or DR for pensioners. Where AICPI is the All India Consumer Price Index. Subject:- Revised rates of Dearness Allowance to the employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised Pay Scale/Grade Pay /as per 5th Central Pay Commission from 01.01.2022 With the latest increase effective from January 2022, the DA and the DR now stand at 34 percent. New Delhi, the 06 Apr, 2022. This calculation gives 34% of Dearness Allowance which means Central Government Employees and Pensioners will be given additional DA of 3% from 1st January 2022. 1/2/2022-E-II (B) dated 31.03.2022, duly endorsed vide this Department's letters No. As per updates from the experts in the matter, the dearness allowance can be increased by 3% in January 2022, thus taking the total DA percentage from 31 percent to 34 percent. Please Share Support and Subscribe to my Channel for interesting videos like this.Dearness Allowance|नितीश कुमार ने बिहार सरकार के . With a 3% increase in DA, the overall DA for Central government employees will be 34 percent. OPSC AFO recruitment 2022: Salary details . The very purpose of making a DA Calculator for Central Government Employees and Pensioners is to estimate forthcoming Dearness Allowance announcements by Govt. This will make the Dearness Allowance 34%. The increase in allowance will be effective from January 1, 2022. Consequent upon grant of another installment of Dearness Allowance with effect from 1st January, 2022 to the Central Government Employees vide Government of India, Ministry of Finance, Department of Expenditure's O.M. With January 2022 already here, lakhs of Central government employees are waiting to receive the dearness allowance (DA) arrears that have been stopped for more than 18 months now. North Block, New Delhi Dated the 7th April, 2022. No. This increase in DA will be with effect from . is the most important salary element for Government employees in India. Recently the Central Government has approved to hike 3% of additional Dearness Allowance to Central Government employees and pensioners with effect from 1st July 2021. Ahead of 2022 state Assembly polls in Uttar Pradesh, the Yogi Adityanath government has announced a 3 per cent point increase in the Dearness Allowance for government employees, from the existing 28 per cent to 31 per cent. The additional instalments of Dearness Allowance payable under these orders shall be paid in cash with effect from 01-01-2022. 7.While working out the revised Dearness Allowance, fraction of a rupee shall be rounded off to next higher rupee if such fraction is 50 paise and above and shall be ignored if it is less than 50 paise. Published: January 5, 2022 12:37 AM IST By India.com Business . The new rates will come to effect from January 1, 2022. By fortuneindia.com. 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