New Dearness Allowance Rate From 1 July 2023 - Confirmed?

Photos: Pixabay/Pexels Photos: Pixabay/Pexels Aug 06, 2023 Rajeev Kumar

Expected Dearness Allowance hike rate from 1 July 2023 is out now. A report says What Central Govt Employees may get. Read on for details

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The Govt is likely to hike DA by 3 percent. After the hike, the new DA/DR rate will be 45%

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Following an official announcement, the new rate of DA will be effective from 1 July 2023.

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According to All India Railwaymen Federation General Secretary Shiva Gopal Mishra, DA hike works out to be a little over 3% as per latest AICPI-IW data.

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However, the government does not factor in hiking DA beyond the decimal point. Thus DA is likely to be increased by 3%.

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The DA/DR for employees and pensioners is worked out on the basis of the latest AICPI-IW data released by Labour Bureau every month.

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The Expenditure Department of Finance Ministry will formulate a proposal to hike DA along with its revenue implications and put up the proposal before the Union Cabinet for approval.

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As of now, over 1 crore Central Government employees and pensioners are getting a 42 per cent dearness allowance.

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New Dearness Allowance Rate From 1 July 2023 - Confirmed?

New Dearness Allowance Rate From 1 July 2023 - Confirmed?

Expected Dearness Allowance hike rate from 1 July 2023 is out now. A report says What Central Govt Employees may get. Read on for details

Expected Dearness Allowance hike rate from 1 July 2023 is out now. A report says What Central Govt Employees may get. Read on for details

The Govt is likely to hike DA by 3 percent. After the hike, the new DA/DR rate will be 45%

The Govt is likely to hike DA by 3 percent. After the hike, the new DA/DR rate will be 45%

Following an official announcement, the new rate of DA will be effective from 1 July 2023.

Following an official announcement, the new rate of DA will be effective from 1 July 2023.

According to All India Railwaymen Federation General Secretary Shiva Gopal Mishra, DA hike works out to be a little over 3% as per latest AICPI-IW data.

According to All India Railwaymen Federation General Secretary Shiva Gopal Mishra, DA hike works out to be a little over 3% as per latest AICPI-IW data.

However, the government does not factor in hiking DA beyond the decimal point. Thus DA is likely to be increased by 3%.

However, the government does not factor in hiking DA beyond the decimal point. Thus DA is likely to be increased by 3%.

The DA/DR for employees and pensioners is worked out on the basis of the latest AICPI-IW data released by Labour Bureau every month.

The DA/DR for employees and pensioners is worked out on the basis of the latest AICPI-IW data released by Labour Bureau every month.

The Expenditure Department of Finance Ministry will formulate a proposal to hike DA along with its revenue implications and put up the proposal before the Union Cabinet for approval.

The Expenditure Department of Finance Ministry will formulate a proposal to hike DA along with its revenue implications and put up the proposal before the Union Cabinet for approval.

What Next?

As of now, over 1 crore Central Government employees and pensioners are getting a 42 per cent dearness allowance.

As of now, over 1 crore Central Government employees and pensioners are getting a 42 per cent dearness allowance.