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
The recent increase in Dearness Allowance to 53% for central government employees has sparked discussions about its potential merger with basic pay. The revised DA, effective from July 1, 2024, has raised questions about salary structure modifications and integration possibilities. Understanding DA Integration with Basic Pay The concept of DA merger stems from historical precedent … Read more
The Industrial Dearness Allowance (IDA) calculation formula plays a crucial role in determining the compensation of public sector employees, helping them cope with inflation through systematic adjustments to their basic salary. IDA Calculation Formula for PSU Employees The current formula for calculating IDA in public sector undertakings is: Industrial DA = [ (Average of AICPIN … Read more
The Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) has implemented a 4% increase in UPRVUNL DA Rate for their employee dearness allowance, raising the DA rate to 46% of basic pay effective from July 1, 2023, beyond the expected DA rates. This significant enhancement in the UPRVUNL DA rates directly impacts all full-time officers … Read more
The Uttar Pradesh DA rates has announced by the Government with a significant increase in dearness allowance rates, bringing welcome relief to state employees. Chief Minister Yogi Adityanath has approved a 3% hike in DA for government employees and pensioners. UP Government Dearness Allowance Update 2024 The DA rate has been increased from 50% to … Read more