DA Hike: Big news is coming for all the central employees and pensioners living in India. The salaries of employees and pensioners have been increased under the 7th Pay Commission. The government has decided to increase the dearness allowance. In such a situation, it has been decided to add the increased installment to your next salary or pension.
Changes in Dearness Allowance
Earlier you used to get a dearness allowance at the rate of 46%, which has now been increased to 50%, due to which now you can get the benefit of some other facilities also. The government has also changed the rules of retirement and gratuity and these have been increased by 25%.
These facilities will also be available
As soon as your dearness allowance reaches 50%, the government has announced some other facilities. The room rent allowance you get has also been increased. Along with this, some changes have also been made for children. With the completion of the 50% dearness allowance, the limit of hostel subsidy for children has also been increased, which opens up a new avenue for children.
Know what is gratuity
The Central Government has issued a rule for all government and private companies under which if an employee, whether government or private, has worked in a company for more than 5 years, he gets something as a bonus. Due to this, the companies have benefited a lot.
