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🚨 Important Update: Revision of Dearness Allowance for Central Government Employees

Effective Date: July 1, 2024
Announcement Date: October 21, 2024
Issued By: Ministry of Finance, Department of Expenditure, Government of India

📈 New DA Rate Announcement

The Government of India has officially increased the Dearness Allowance (DA) for Central Government employees from 50% to 53% of the Basic Pay, effective July 1, 2024.

महंगाई भत्ता (DA) की दरों में संशोधन: 01.07.2024 से प्रभावी

💼 Understanding Basic Pay

Definition: Basic Pay refers to the salary drawn in the prescribed Level of the Pay Matrix as per the 7th Central Pay Commission (CPC) recommendations.
Exclusions: This amount does not include any special pay or additional allowances.

🔍 Key Points to Note

Distinct Element: The Dearness Allowance will remain a separate component of remuneration and will not be classified as part of the pay under FR 9(21).
Rounding Payments: Payments with fractions of 50 paise and above will be rounded up to the nearest rupee, while fractions below 50 paise will be ignored.

🌍 Applicability Across Departments

Civilian Employees: These new rates apply to civilian employees funded by the Defence Services Estimates. Expenditures will be charged accordingly.
Armed Forces and Railways: Separate directives will be issued for Armed Forces personnel and Railway employees by the respective ministries.

🏛️ Consultative Process

For employees in the Indian Audit and Accounts Department, these orders were issued in consultation with the Comptroller and Auditor General of India, in accordance with Article 148(5) of the Constitution of India.

🤝 Conclusion

This revision is aimed at helping Central Government employees manage rising living costs. Stay informed and reach out for any further details on the new Dearness Allowance rates!

For more updates, keep checking official communications from the Ministry of Finance!