Sunday, February 8, 2015

Kerala Government Grants Seven Per Cent DA Hike, Issued Order

The Finance Dept on Saturday issued order bringing to effect the 7 per cent hike in the DA of govt employees and pensioners announced by the government in January.

 With this, the total dearness allowance will increase from the existing rate of 73 pc to 80 pc. The hike in DA would have a retrospective effect from July last year. With the increase, the employees and pensioners in the state would get the same benefit as that of the Central Govt employees and pensioners. The DA at the enhanced rate will be paid in cash along with the salary for the month of March.
The arrears for the period from 1 July 1, 2014, to Feb 28, would be merged with the Provident Fund. For the pensioners, the DA due from July 2014 will be paid along with the pension for March.  Increase in DA would incur an monthly an additional burden of Rs 96.18 crore for the govt and an yearly burden of Rs 1,161.72 crore.
Click here for the order

No comments :

Contact Us

Viewers may share any information with the administrator in this email
Any news, if approved, may be published in this blog under his /her name.
Related Posts with Thumbnails

Blog Archive

Bookmark This Page

Bookmark and Share
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "" and I will remove it immediately on demand. All the other standard disclaimers also apply.