Definition of dearness allowance: In this article we will know what is dearness allowance (Mehangai Bhatta kya hota hai) and what is the meaning of dearness allowance?
What is the dearness allowance
Meaning of Mehangai Bhatta (Dearness Allowance or DA) : Dearness allowance is a component of salary that takes into account changes in the cost of living, which is highly dependent on the location of the employee.
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The dearness allowance is paid by the government to its employees as well as pensioners to compensate for the effects of inflation. Effective salaries of government employees require continuous growth to help them cope with rising prices.
Dearness allowance july 2021
Due to the COVID-19 epidemic last year, the Center decided to freeze DA for central government employees by June 2021. So, this means that even after the government’s announcement of DA hike, the wage increase will be only till June 2021
State government employee dearness allowance
Dearness Allowance (DA) of government employees has been increased by the government at the rate of 3%. According to a report in Anandabazar Patrika, these state government employees will see an increase in inflation from the month of January 2021.
Ans: The dearness allowance of central employees is 17 percent. After 4 percent increase, they will get 21 percent dearness allowance.
Ans: After the dearness allowance (DA) increase of 4% from January it will become DA of 28%.
Ans: Every year the dearness allowance (DA) of central employees increases in January and July but at the new rate in the year 2021 DA will be available after June 2021.
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Ans: Yes, dearness allowance is fully taxable.
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