Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016

Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016 https://www.taxtmi.com/news?id=15955 The Union Cabinet approved an additional instalment of Dearness Allowance for Central Government employees and Dearness Relief for pensioners, effective 1 January 2016, raising the rate by six percentage points under the Sixth Central Pay Commission formula to compensate for price rise. The measure applies to serving employees and pensioners, specifies the beneficiary populations, and quantifies the resulting increase in recurring central exchequer expenditure for the implementation period. en-us Fri, 25 Mar 2016 09:45:55 +0530 Fri, 25 Mar 2016 09:45:55 +0530 TaxTMI RSS Generator Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016 https://www.taxtmi.com/news?id=15955 The Union Cabinet approved an additional instalment of Dearness Allowance for Central Government employees and Dearness Relief for pensioners, effective 1 January 2016, raising the rate by six percentage points under the Sixth Central Pay Commission formula to compensate for price rise. The measure applies to serving employees and pensioners, specifies the beneficiary populations, and quantifies the resulting increase in recurring central exchequer expenditure for the implementation period. News - Fri, 25 Mar 2016 09:45:55 +0530 https://www.taxtmi.com/news?id=15955