Pension

Variable Dearness Allowance Calculation Method and Impact

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Variable Dearness Allowance

Variable Dearness Allowance (VDA) plays a crucial role in protecting employees purchasing power against rising inflation. This component of salary, primarily applicable to central government employees, is adjusted biannually to reflect current economic conditions and inflation trends. Variable Dearness Allowance Calculation Method The VDA calculation involves three key components: The general formula for calculating VDA … Read more

West Bengal DA Chart with 4% Hike for Government Employees

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WB DA Chart

West Bengal DA Hike 2024 makes a 4% Increase for State Government Employees effective from April 1, 2024. This latest DA hike brings the total DA rate to 14%, up from the previous 10% implemented in January 2024. The move aims to provide financial relief to government employees and pensioners in the face of rising … Read more

Find Now 2025 Bank Dearness Relief for Pensioners and Family Pensioners

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Bank Dearness Relief

Bank Dearness Relief (BDR) for pensioners is a financial benefit provided to retired bank employees to help offset the impact of inflation on their pension income. This relief is typically calculated as a percentage of the basic pension and is adjusted periodically based on changes in the Consumer Price Index (CPI). BDR or DR ensures … Read more