IDA from 1st April 2021 Calculation, for CPSE, PSU and Govt. employees, while IDA is freezed till 30th June 2021

AICPIN-IW for January 2021 has been released by Labour ministry on 26.02.2021. After declaration of AICPIN-IW for February 2021 on 31.03.2021, the IDA from 1st April 2021 will be calculated. Already, the IDA calculation has been updated till March 2021 for DA hike from April 2021, which is shown below in the table for CPSEContinue reading “IDA from 1st April 2021 Calculation, for CPSE, PSU and Govt. employees, while IDA is freezed till 30th June 2021”

January 2021 AICPIN – IW for DA of CPSE, PSU, central Govt., Bank employees and Pensioners

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for January 2021 has been released on 26.02.2021, Friday, the last working day of February month, by Labour Bureau, under Ministry of Labour and Employment. January 2021 AICPIN – IW for Dearness Allowances of CPSE, PSU, Govt., Bank employees:

HRA hike for Central Govt. employees (7th CPC) and CPSE or PSU employees (3rd PRC) from 1st Jan 2021

HRA will be hiked for 7th CPC Central Govt. employees and Armed Forces personnel, as DA crossed 25%, from 1st Jan 2021: Since 1st January 2021, the calculated Dearness Allowance is 28%. As per 7th CPC, there is a condition that HRA will be revised if DA crosses 25%. So, accordingly the HRA will beContinue reading “HRA hike for Central Govt. employees (7th CPC) and CPSE or PSU employees (3rd PRC) from 1st Jan 2021”

Dearness Allowances, DA for Bank employees from 1st February 2021, as per 11th and 10th BPS

11th bipartite settlement DA for Feb, March and April 2021: IBA has issued the order of DA for bank employees, workmen and officers on 1st Feb 2021, which is 26.18 %, hike of 2.31% from last quarter in DA for Bank employees from 1st February 2021. Dearness Allowance (DA) rate hike for workmen and officerContinue reading “Dearness Allowances, DA for Bank employees from 1st February 2021, as per 11th and 10th BPS”

Dearness Relief, DR hike of Bank Pensioners from Feb 2021 to July 2021

The Dearness Relief, DR payable to Bank Pensioners for the period February 2021 to July 2021 has been declared below after release of December AICPIN-IW by IBA on 01.02.2021. Major Contents in the Post: (Jump to the Section) DA, DR, Slab of Bank Pensioners for duration Feb 21 to Jul 21 (IBA official order) DA,Continue reading “Dearness Relief, DR hike of Bank Pensioners from Feb 2021 to July 2021”

DA for Indian Army, Navy, Air force from 1st Jan 2021, Risk & Hardship and other Allowances

Dearness Allowance, DA applicable to defence forces like Indian Army, Indian Navy, Indian Air force from 1st Jan 2021 will be increased by 3 % from 25 % to 28 % in 7th CPC pay scale. Dearness Allowance of Indian Army, Navy, Air force from 1st Jan 2021: Dearness Allowance, DA applicable to defence forcesContinue reading “DA for Indian Army, Navy, Air force from 1st Jan 2021, Risk & Hardship and other Allowances”

DA hike for Central Govt. Employees from 1st Jan 2021 and DR for Pensioners calculation

AICPIN-IW for January 2021 has been released by Labour ministry on 26.02.2021. So, the DA / DR calculation has also been updated till January 2021, which is shown below in the table for 7th CPC and 6th CPC pay scale employees. Major Contents in the Post: (Jump to the Section) Calculation of DA / DRContinue reading “DA hike for Central Govt. Employees from 1st Jan 2021 and DR for Pensioners calculation”

Dearness allowance freezed till July 2021 for Goverment employees

In a major setback for lakhs of employees, the Government has freezed the DA/DR till july 2021. As per Department of Expenditure, finance ministry, letter has been issued to freeze the Dearness allowance for central government employees and Dearness relief to central government pensioners till july 2021 via letter no. 1/1/2020-E-II (B), Department of Expenditure,Continue reading “Dearness allowance freezed till July 2021 for Goverment employees”

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