Dearness Allowance to Increase Before Rakshabandhan! Employees and Pensioners May See Rs 50,000 Hik

Dearness Allowance to Increase Before Rakshabandhan! Employees and Pensioners May See Rs 50,000 Hik The dearness allowance (DA) for central government employees and pensioners is set to increase, with estimates suggesting a 4% hike in July 2024. This will raise the total DA from 50% to 54%, expected to be announced in August or September. Based on current projections, the anticipated 4% DA increase will impact the financial outlook of many government employees and pensioners. The DA, which was last …

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