Thursday, October 21, 2021

Central employes and pensioners get 3% additional D.A./D.R with effect from 01/07/2021

 As informed in this blog a few hours ago, Cabinet approved 3% D.A/D.R. to Central Govt. employees and pensioners with effect from 1st July 2021. With this hike total D.A./D.R. reached to 31% of Basic Pay / Pension. Earlier in July, Govt. cleared pending 11% D.A. which was kept in abeyance from January 2020 onwards due to corona outbreak and necessary expenses thereof.

This will benefit about 47.14 lakh Central Government employees and 68.62 lakh pensioners Impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.9,488.70 crore per annum (As per PIB Press Release)

Centre may announce 3% D A today

 As per sources, Cabinet likely to announce 3% D A to Central Govt employees and pensioners wef 01/07/2021 today.

Monday, October 18, 2021

Adhoc Bonus for 2020-21 declared for Central Govt. employees

 Non-Productivity Linked Bonus (Ad-hoc Bonus) for Central Government Employees: The Central Government has approved the grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) equivalent to 30 days emoluments for 2020-21 to some Central Government employees.

To calculate Non-PLB (Ad-hoc bonus) for one day, the average emoluments in a year will be divided by 30.4 (average number of days in a month).
This will, thereafter, be multiplied by the number of days of bonus granted.

For example, taking the calculation ceiling of monthly emoluments of Rs. 7000 (where actual average emoluments exceed Rs. 7000), Ad-hoc Bonus for thirty days would be Rs 7000×30/30.4 = Rs 6907.89 (rounded off to Rs.6908.

Thursday, October 7, 2021

Central employees waiting for D.A. hike and bonus declaraton

Central Govt. employees and pensioners are eagerly waiting for announcement of D.A./D.R hike with effect from 1st July 2021. The possible hike is 3% over and above the existing 28% after release of long pending dues.

After announcement of 78 days' productivity linked bonus for railway employees, other central employees are looking forward their turn.

Click here for PIB Press Release for Railway Bonus

Click here for Railway Bonus Order

It is expected that this twin announcement will come very soon, before the fast approaching festival days.

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