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Friday, April 19, 2024    
Asian Paints  2808.45  (-0.22%)
 
Axis Bank  1029.50  (0.52%)
 
Bajaj Finance  7122.30  (3.38%)
 
Bajaj Finserv  1618.70  (1.53%)
 
Bharti Airtel  1288.90  (1.71%)
 
HCL Technologi..  1447.90  (-1.35%)
 
HDFC Bank  1531.30  (2.46%)
 
Hind. Unilever  2232.25  (0.78%)
 
ICICI Bank  1066.40  (1.04%)
 
IndusInd Bank  1483.15  (0.62%)
 
Infosys  1411.60  (-0.63%)
 
ITC  424.80  (1.40%)
 
JSW Steel  865.25  (2.49%)
 
Kotak Mah. Ban..  1793.20  (0.38%)
 
Larsen & Toubr..  3519.25  (-0.89%)
 
M & M  2082.90  (2.90%)
 
Maruti Suzuki  12710.65  (2.54%)
 
Nestle India  2437.10  (-1.04%)
 
NTPC  350.90  (-0.14%)
 
Power Grid Cor..  281.70  (0.54%)
 
Reliance Indus..  2941.60  (0.46%)
 
St Bk of India  750.80  (0.81%)
 
Sun Pharma.Ind..  1522.55  (0.36%)
 
Tata Motors  963.20  (-0.84%)
 
Tata Steel  162.10  (1.31%)
 
TCS  3827.45  (-0.93%)
 
Tech Mahindra  1193.75  (1.18%)
 
Titan Company  3562.85  (1.03%)
 
UltraTech Cem.  9367.40  (-0.21%)
 
Wipro  452.85  (1.92%)
 
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Central Government Hikes Dearness Allowance     Back
(12:33, 22 Oct 2021)
The Union Cabinet has approved to release an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.7.2021 representing an increase of 3% over the existing rate of 28% of the Basic Pay / Pension, to compensate for price rise. 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 Dearness Allowance and Dearness Relief would be Rs.9,488.70 crore per annum. This will benefit about 47.14 lakh Central Government employees and 68.62 lakh pensioners.
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