Will DA and DR have any impact in the 8th Pay Commission? Know here
Currently, the discussion on the 8th Pay Commission and the changes in the salary of central employees under it is in full swing. Everyone is talking about the benefits available under this commission. Meanwhile, some people are also considering in terms of DA and DR. Some believe that DA and DR will be affected in the new pay commission, while others do not agree with this. In this article we will try to know whether there is any special provision for DA and DR or it will be implemented only with the basic salary. How DA and DR are determined When the new pay commission is implemented, the salary is determined on the basis of the fitment factor. Dearness Allowance (DA) and Dearness Relief
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Most employees look forward to a new financial year in anticipation of a pay hike. What they don’t realise is that pay hikes often lead to a higher cash outflow in the form of taxes. This can be avoided with a little planning and right communication to employers. If the payroll policy permits, one can explore the option of revising the
Read MoreThere is no proposal to give relief of five years in age limit to the candidates of all categories to apply for Government and semi-Government services. Instructions allowing relaxation in upper age limit for recruitment of the candidates of different categories to various posts under the Central Government already exist.Further, instructions
Read MorePost Retirement BenefitsDepartment of Personnel & Training has not made any change in instructions contained in OM No. 22011/4/1998-Estt.(D) dated 12.10.1998 and reiterated vide OM No. 22011/1/2014-Estt.(D) dated 14.11.2014. These instructions provide for consideration of retired employees, who are within the zone of consideration in the
Read MoreRecently rumour mill went overdrive in social media with the following news that1.central government decided to Merge 50% DA with basic pay with effect from 1.1.2015 and order will be issued within 15 days2. Encashment of Earned Leave to be curtailed to 180days instead of existing 300 days.3.It went on to say that age of Retirement will be on
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