Copyright Network18 Media and Investments Ltd 2023. Now, after another five per cent hike, the dearness allowance for the government employees will increase to 39 per cent. Six people were killed and 12 wounded after gunfire erupted in downtown Sacramento, just blocks from the state . What Finance Minister said? However, the employees' side has been firm in their stance. CNBCtv18 about 18 Months DA Arrears Latest News. Your 18-month-old child's growth. However, the government has to balance the need for a higher central government employees DA hike with its financial constraints, as the increased DA will put an additional financial burden on the government. This change, effective from July 1st, 2022, raises the rate from 34% to 38%, providing a significant benefit just ahead of Diwali 2022. For reprint rights: Inciting hatred against a certain community, DA may be hiked by 4% for central govt employees, pensioners soon; how much salary will increase, How central govt employees' family pension will be paid in different conditions; check latest rules, GST Kitty Swells, Factory Activity Hits 31-Mth High, Major Players Looking at India as Next Chip-making Destination, 4 car insurance add-ons can save thousands during monsoon. The current DA rate depends on the All India Consumer Price Index for Industrial Workers (AICPI-IW), which the Labour Bureau under the Ministry of Labour & Employment, Government of India issues. DA Arrear: What is the take of the government? DA Update: Govt Employees Likely To Get 5% Hike In Dearness Allowance Next Month. 7th Pay Commission DA Arrears: In what comes as a news to cheer for central government employees regarding the dearness allowance arrears, is that the Modi government can give DA arrears of 1.5 years i.e. This will alert our moderators to take action. From January 2020 to June 2021, all Central Government Employees and Pensioners were granted a fixed Dearness Allowance (DA) and Dearness Relief (DR) rate of 17% for a period of 18 months. Despite this, the government was able to save Rs. , Economy News, Times Now Similarly, there was no allotment in 2020 for January to December. As per the Finmin Order, there will be no payment of DA and DR arrears for the duration of three installments ranging from 1st January 2020 to 30th June 2021. Calculating the Dearness Allowance rate can be a complicated process, but a DA calculator can simplify things. 3 Additional DA will Restore in July 2021. This has been provisionally stopped for a period of 18 months, from January 1, 2020, to June 30, 2021. News 18.com states : In what comes as a news to cheer for central government employees regarding the dearness allowance arrears, is that the Modi government can give DA arrears of 1.5 years i.e. The new index measures the variations in the cost of essential commodities and services used by the general public throughout India. Your toddler is halfway to 2 and starting to look like it too! But Staff Side says we cannot say for sure, Almost all reputed news channels write about 18 months DA arrears on a daily basis from July 2021. DNI Issue : 1st of Jan Sunday or Gazetted Holiday? Issued, TN CM MK Stalin Declares 4% DA Hike for TN Govt Employees and Teachers from 1.1.2023, Cabinet Approves 4% Additional DA to Central Government Employees, Gujarat CM Announced 3% Hike in Dearness Allowance, Cabinet Approves 3% DA to CG Employees and Pensioners, DA Hike for Telangana Govt Employees from July 2019, Latest AICPIN indicates 3% DA hike from July 2020, Consumer Price Index (CPI-IW) for the month of May 2020, DA Hike from July 2020 is almost confirmed as 24%, Expected DA Hike for Central Government Employees, DA Hike Latest News 2022 for Central Govt Employees. This 18 DA Arrears Table is a valuable tool for understanding the fluctuating rates of DA and DR over the years. Over 50 lakh government employees and 65 lakh pensioners get profit from DA and DR hike. Sub: Payment of Dearness Allowance/Dearness Relief w.e.f. The central government periodically revises the DA rates based on the Consumer Price Index (CPI) data, which measures the changes in the prices of goods and services consumed by an average consumer. The rate for the period of January to June 2020 is 17% (17%+4%=21%). Read more on Latest Business News on India.com. Earn up to 8.25% interest rate on this bank's FD, ET Wealth Edition: The digital version of your money management guide is available online now, Sending money for education? According to CNBCtv18 : The Narendra Modi led government is expected to give dearness allowance (DA) arrears of 1.5 years or 18 months to the central government employees as a one-time settlement of Rs 2 lakh. 18 Months DA arrears Latest News Today 2022: Payment of Dearness Allowance/Dearness Relief with effect from 01. (Government of India) 7th Pay Commission: Karnataka Government Announces Hike In Dearness Allowance (DA) By 4 Percent | Details Here, How PM Modi's Bonhomie With World Leaders Transformed India's Stature on Global Forum, 7th Pay Commission: Tamil Nadu Hikes DA by 4% For State Employees, Pensioners | Heres How Much Salary Will Increase, 7th Pay Commission: Centre Hikes DA For Govt Employees, 7th Pay Commission: 18-month DA Arrears to Be Released To Central Govt Employees? January 1, 2022, representing an increase of 3 per cent over the existing rate of 31 per cent of the basic pay/ pension, to compensate for price rise," the Prime Ministers Office had said in a statement. 18 Months DA arrears Latest News Today 2022: A letter dated August 18, 2022, was sent by the National Council (Staff Side) JCM Secretary to the Cabinet Secretary requesting payment of Dearness Allowance/Dearness Relief from 01.01.2020, 01.07.2020, and 01.01.2021 along with arrears for the duration of 18 months. The cost of living index is reviewed periodically, and the DA rate is adjusted accordingly. Stay informed on the latest Pensioners DA arrears news! The Central Government employees Dearness Allowance rate will be increased by 4%, as suggested by the 7th Pay Commission calculation. 7th Pay Commission Latest News Today Pay hike for CG Employees Minimum of Rs. [Click to read more], Your email address will not be published. Required fields are marked *. A DA calculator takes into account the cost of living index and the basic salary of the employee to calculate the amount of DA that is payable to the employee. As an illustration, if your fundamental pay is Rs.18,000 and the Dearness Allowance percentage is 38%, your Dearness Allowance will equate to Rs.6,840. This tool is commonly used by employers, employees, and HR departments to determine the employees compensation and benefits packages. However, we have not heard anything related to the freeze in DA from the past 18 months. These benefits are given to current employees and retired employees, respectively. The Union Cabinet chaired by the Prime Minister, Narendra Modi, has given its approval to release an additional instalment of dearness allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. If assistance is required, please contact the AFD CSD online portal helpdesk at 0120-6933434. 18 Months DA arrears Latest News Today 2022: Your email address will not be published. Your Reason has been Reported to the admin. The employees have been continuously demanding the withheld DA from January 2020 to June 2021. Typically, every six months, the DA rates are communicated. Fitment Factor 3.68 and Minimum Pay Rs.26000. How to avoid 20% TCS, RBL Bank new FD; get up to 8.5% interest rate. It is not possible to provide a one-size-fits-all DA chart, as the rates can vary greatly depending on the state and the year. AFD CSDIndia Gov In AFD CSD Portal Login Page AFD CSD India Registration Page AFD CSD Price List AFD CSD Payment Process. [Click to read more], This calculator can help you estimate your Dearness Allowance (D.A.) Pay 20% TCS from July 1 if you don't do this, 2ITR filing: Online ITR2 form for FY2022-23 (AY 2023-24) available on income tax departments e-filing portal, 3ITR filing for FY 2022-23: Which income tax return form applies to you, 4TDS on online games winnings: How companies will deduct tax as per CBDT guidelines, 5Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employees, Choose your reason below and click on the Report button. 2,18,200. 34402.32 crores from freezing three installments of Dearness Allowance and Dearness Relief payable to Central Government employees and pensioners. Get your daily dose of business updates on WhatsApp. New Delhi: 7th Pay Commission latest update: After the recent hike in Dearness Allowance and Dearness Relief, the issue regarding the payment of 18 months-pending Dearness allowance (DA). Experience Your Economic Times Newspaper, The Digital Way! He further added that the decision to freeze three instalments of Dearness Allowance(DA)/Dearness Relief (DR) to Central Government employees/pensioners due from 01.01.2020, 01.07.2020 and 01.01.2021 was taken in the context of COVID-19, which caused economic disruption, so as to ease pressure on Government finances. July to December 2021: 17% + 3 Additional DA + DA July 2021. Media reports have been constantly speculating that the Modi government may credit Rs 2 lakh in the account of the government employees at one go. It was said that No Arrears will be paid for the 18 Month Period from 1st January 2020 till 30th June 2021. The 18 DA Arrears Table is a crucial document for government employees. Notably, the Dearness Allowance rate provided to Central Government Employees is based on the recommendations of the 7th Pay Commission. This Issue of payment of Dearness Allowance Dearness Relief wef 01.01.2020, 01.07.2020 and 01.01.2021 with the arrears had been discussed In detail and it was pointed out that the Honble Supreme Court, vide Judgment dated 08.02.2021 in Civil Appeal No 399 of 2021 (arising out of SLP(C) No. It is important to note that users may only register or make changes to their accounts on the CSD AFD online portal between the hours of 6:00 PM and 10:00 AM daily. The Central government employees must note that the current rate of DA/DR provided to Central Government Employees and Pensioners stand at 38%. Vehicle and fuel sales backed up the trend. From July to December 2022, the rate is 38% (34%+4%). Therefore, the next anticipated DA and DR increase will only occur in July 2021. 25 Nov, 2022, 04:53 PM IST. . click here! No DA and DR were applicable for January to June 2021. Yes, the information provided on this website is applicable to all Central Government Employees. Even now the fiscal deficit of the Government is running at more than double the level envisaged in the FRBM Act, he added. Getty Images The government will not be paying central government employees the 18 months' worth of Dearness Allowance (DA) arrears that were stopped during the Covid-19 pandemic. Published: November 5,. Today's Deals Amazon : https://amzn.to/3gDbqYdOpen Free DEMAT Account :https://zerodha.com/open-account?c=EPX405https://deals175.blogspot.com/ . Stay updated with the 18 DA Arrears Table to keep track of the latest rates. PNB reduces FD interest rate on this tenure, ICICI Bank reduces interest rates on these loans, Shopping online? The central government had held back three instalments of DA and DR for January 1, 2020; July 1, 2020; and January 1, 2021, in view of the unprecedented situation which arose due to the COVID-19 pandemic. According to reports, the issue of 18-month DA arrears payment from January 2020 to June 2021 may also be addressed soon and the employees of the central government may also receive Rs 2 lakh in pending arrears in one go. India will focus on creating a supportive ecosystem for semiconductor manufacturing in the country first, and not only on fabrication units, according to union technology, railways, and telecom minister Ashwini Vaishnaw. If we calculate the DA arrears between January and July 2021, then it will be 4,320 [{4 percent of Rs 18,000}x6]. Boys tend to weigh 19 to 30 pounds and measure 30 to 34 inches tall. PNB, Axis cut FD rates: End of rising fixed deposit rates? The term AFD is used in CSD Canteen for indicating the products selling to the customers on a consignment basis. 7th Pay Commission Latest News Today 2023, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, 8th Pay Commission Latest News. Union Minister Answers. Shri Pankaj Chaudhary recently shared a crucial update on the latest 18 Months DA for CG Employees News, with the most recent development being set for 2023. How is DA under 7th Pay Commission Calculated? The Central government has increased the DA from July 2021 by 11 per cent. In 2017, the rates were 5% from July to December and 4% from January to June. For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Finance Minister Nirmala Sitharaman has said the holding back of DA and DR saved about Rs 34,402 crore, in a written reply to a query in the Rajya Sabha in August last year. The last time DA was hiked was in March 2022. Know what finance ministry has said on this, Will the central government employees and pensioners get arrears for the, ( Originally published on Dec 21, 2022 ), Dalal-St Indices End Week on a Positive Note, Samsung May Lose PLI Sops for 1st Yr on Invoicing Issues, Starlink, Amazon Red-flag Satellite Spectrum Auction, DA arrear update: Will central govt employees get 18-month DA arrear frozen during Covid-19? In a written reply to a query in the Lok Sabha, Pankaj Chaudhary said as the adverse financial impact of the pandemic in 2020 and the financing of welfare measures taken by Government had a fiscal spill over beyond FY 2020-21, arrears of DA/DR which mostly pertain to the difficult FY of 2020-21 are not considered feasible. This credit card offers 7.5% discounts on Myntra, 5% cashback on others, Earn 8% interest rate on this Canara Bank special fixed deposit, Sending money abroad for education? Dearness allowance is a component of salary of the government employees and pensioners, aimed at soothing the impact of inflation, (Your legal guide on estate planning, inheritance, will and more.). New Delhi. Unfortunately, the arrears between January 1st, 2020, and June 30th, 2021, have been frozen due to the economic fallout from COVID-19. Fitment Factor and Pay Matrix Table, Indias leading news channels write every day about the 18 months DA Arrears latest news updates even in 2022. Giving details, Pankaj Chaudhary said the Central Government has no plan to release the 18 months of Dearness Allowance (DA) arrears at the moment. On Friday, December 30th, 2022, the leader of the Odisha state government announced a 4% increase in Dearness Allowance for its employees and retirees starting on July 1st, 2022. for Central Government Employees This welcome development will benefit pensioners, employees, and family pensioners. In the meantime, the Central Government is expected to announce a 4% DA hike for the benefit of Central Government Employees anytime soon. Published at : 27 Jan 2022 06:47 PM (IST) Tags: 7th Pay Commission 7th pay commission matrix da arrears da arrears news da arrears news today da allowance da arrears 18 months 7th cpc pay matrix 7th pay commission latest news today 2022 , . DA hike Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. 7th Pay Commission Latest News: The Central Government has no plan to release the 18 months of Dearness Allowance (DA) arrears stopped during the Covid-19 pandemic to Central Government Employees. According to reports, the issue of 18-month DA arrears payment from January 2020 to June 2021 may also be addressed soon and the employees of the central government may also receive Rs 2 lakh in pending arrears in one go. The News Channels quote Shri.Shiv Gopal Mishra, Leader Staff Side , NC JCM to establish the credibility of their news.But when we asked the same NCJCM Staff Side, they said this NDA government is known for its policy against working class, they therefore stated that we cannot say for sure that this Government will accept our request to pay the 18 month DA arrears. Since then, the dearness allowance has increased twice. 7th Pay Commission Latest News Today 2023, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, 8th Pay Commission Latest News. 01.01.2020, 01.07.2020 and 01.01.2021 with the arrears In 2018, the rates were 9% from July to December and 7% from January to June. 7th Pay Commission Latest News: The government employees have not been given the DA arrears of 18 months from January 2020 to June 2021 due to the COVID pandemic. Download The Economic Times News App to get Daily Market Updates & Live Business News. Under this, the employees are going to get the benefit of up to Rs 2.18 lakhs. Govt clarifies on 18-month frozen DA arrears for central govt employees. The Department of Personnel, Public Grievances and Pensions notified an increase in Dearness Relief for Central Government Pensioners and Family Pensioners. The new DA rate will be applicable from January 1, 2023, and will be payable to all eligible employees, including pensioners. A letter dated August 18, 2022, was sent by the National Council (Staff Side) JCM Secretary to the Cabinet Secretary requesting payment of Dearness Allowance/Dearness Relief from 01.01.2020, 01.07.2020, and 01.01.2021 along with arrears for the duration of 18 months. This increase will provide some much-needed relief to employees who have been struggling with the high cost of living. Against Firm Demand is the full form of AFD. Today (13.12.2022) in Parliament, the Minister of State for Finance, Shri Pankaj Chaudhary, addressed queries regarding the payment of Dearness Relief (DR) arrears of 18 months to pensioners. Dearness Allowance hike by 4% 2021 with the arrears: National Concil (Stff Side) JCM Secretary writes to Cabinet Secretary on 18th August 2022 regarding the DA arrears for 18 months and the Stff-Side is ready to discuss the mode of arrears payment. 7th Pay Commission Latest News Today 2023, Central Government Employees News Today 2023, Leave Encashment Calculation & Calculator 2023, 18 Months DR Arrears Calculator for CG Pensioners, 18 Months DA Arrears Calculator for CG Employees, DA Hike Latest News 2022 for Central Govt Employees, Govt Declared 5% DA July 2019 3 months Arrears from July to September for CG Employees and Pensioners. Reported By:| Edited By: DNA Web Team |Source: DNA web team |Updated: Mar 28, 2022, 04:18 PM IST. 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