Dearness Allowance from July 2023 will be 46% and not 45%: Sone of the leading news portals have suggested that the Central Government is likely to increase the Dearness Allowance (DA) for its vast workforce, comprising over 1 crore employees and pensioners. However, the reports indicating a 3 percentage point increase to 45% from the existing 42% are not entirely accurate. Ref: Business Today, Financial Express.
After careful consideration and calculation of the All India Consumer Price Index for Industrial Workers (AI CPI-IW) data, Read More
The posts listed here are from various news sources and express only early views about Seventh Pay Commission. The SPC report will be published only in April. So dont take these posts for authenticated info.