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Saturday, February 1, 2014

Central Govt.employees to get 10% Dearness Allowance from 01.01.2014

Central Govt.employees to get 10% Dearness Allowance from 01.01.2014

Consequent to rather unusual decrease in Consumer Price Index Data for December 2013 (4 Points decrease), the dream, of some central employees regarding 11% hike remains unfulfilled. As predicted earlier, there will be 10% hike in D.A.
taking the total toll to 100% with effect from 1st January 2014. This hike will also effect Transport Allowance as usual. With the D.A. reaching 100% , some allowances including children education allowance will get 25% rise. The hike is generally announced in the month of April after cabinet approval but in the election year, it may be advanced because model code of conduct may create obstruction after the notification of poll be election commission.


Source: http://paycommissionupdate.blogspot.in

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