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Cabinet clears 4% dearness allowance hike for central govt employees

Wednesday - October 18, 2023 6:15 am , Category : INDIA
Cabinet clears 4% dearness allowance hike for central govt employees
Cabinet clears 4% dearness allowance hike for central govt employees
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.The combined impact on the exchequer on account of both DA and DR would be Rs 12,857 crore per annum. This will benefit about 48.67 lakh central government employees and 67.95 lakh pensioners.--IANSans/dan

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)