The freezing of Dearness Allowance (DA) from January 2020 to June 2021 caused significant financial impacts for central government employees and pensioners. This article explores the DA arrears calculator for the freeze period, the loss incurred due to the suspension, and the recent updates on DA hikes and arrears for employees of both central government … Read more
The process of calculating dearness allowance involves understanding specific formulas and methods that help determine compensation for rising living costs. The calculation varies between central government employees and public sector workers, with each following distinct methodologies based on consumer price indices. Dearness Allowance Calculation Methods Formula for Calculating Dearness Allowance in India The formula varies … Read more
Dearness Allowance (DA) is a crucial component of salary structures in India, designed to offset the impact of inflation on employees’ purchasing power. While Dearness Allowance is predominantly associated with government employees and some private company are increasingly exploring its relevance. This article delves into the concept of DA in private companies, its calculation, legal … Read more
Dearness Allowance (DA) is a crucial salary component provided by the Indian Government to its employees and pensioners to offset the effects of inflation. DA ensures that employees maintain their purchasing power despite rising living costs. DA is calculated as a percentage of the basic salary and varies based on location and inflation indices. What … Read more
The comprehensive breakdown of the SBI Clerk salary for the 2024-25 recruitment cycle is presented as per the latest recruitment notification. The State Bank of India (SBI) is one of the most prestigious banks in India, offering lucrative career opportunities for aspiring candidates. The SBI Clerk position, officially termed as Junior Associate (Customer Support & … Read more
BSNL has announced significant changes in Dearness Allowance (DA) rates for Casual Labourers and TSMs, marking a substantial increase in their daily wages calculation. The revised DA rates will directly impact the wage structure of casual workers in BSNL BSNL DA Revision for Casual Workers Key Changes in DA Rates The DA rates have been … Read more