IDA

Expected IDA from October 2024 for PSU with Calculator

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Expected IDA

Expected IDA from October 2024 for employees in PSU or different companies formed as CPSE is presented as per the new expecting and confirmed price index numbers. Here we present new calculators for expected DA for different IDA pay scales revised as per 5th CPC of 1997, 6th CPC of 2007 and 7th CPC of … Read more

Industrial Dearness Allowance and IDA Calculation Formula

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Industrial Dearness Allowance

Industrial Dearness Allowance (IDA) is an important allowance provided to public sector undertakings (PSUs) employees in India. Its primary purpose is to offset the impact of inflation on employee salaries, ensuring that their real income remains stable despite changes in the price level of consumer goods and services. Here’s a comprehensive overview of IDA Purpose … Read more