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DA for Central Government Employees

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....A for Central Government Employees <br>News and Press Release<br>Dated:- 25-9-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 24-September-2012 19:53 IST The Union Cab....

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....inet today approved to release additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.07.2012, representing an inc....

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....rease of 7 per cent over the existing rate of 65 per cent of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance with the accepted formula, which is based on the recomm....

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....endations of the 6th Central Pay Commission. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of the order of Rs.7408.24 crore per annum and Rs.....

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.... 4938.78 crore in the financial year 2012-2013 i.e. for a period of 8 months from July, 2012 to February, 2013. ***** SH/RK<BR> News - Press release - PIB....