7th Pay Commission: The Central government generally hikes DA and DR for employees and pensioners twice a year -- once in January and then in July -- with announcements usually made in early March and October.
7th pay Commission: The Central government gives Dearness Allowance to its employees and pensioners to offset the impact of inflation and it is being granted to them to cope with increasing prices.
The last DA hike for Central government employees, effective from January 1, 2024, was announced on March 7, 2024, increasing the total DA to 50%. This latest adjustment also helped other allowances, including House Rent Allowance (HRA).
This increase, benefiting around 14 to 15 lakh employees, addresses a key demand and is expected to cost the state an additional Rs 17,440.15 crore annually. The decision comes amid pressure from employee associations threatening strikes and builds on an earlier interim salary hike granted in March.
In August last year, another committee also proposed a hike in the basic salary of MLAs from Rs 40,000 to Rs 60,000 and suggested increases in other perks for legislators.
TCS is set to implement salary hikes for its employees, with Indian staff expecting a 7-8% increase and international workers anticipating a 2-4% raise. Exceptional performers may see a rise of 12–15%.
The Odisha Government announced that the salary of Junior Teachers will be revised from Rs 13,800 to Rs 20,000 per month. The announcement of the decision was made on March 13. Check details here.
In an official note, the company stated, "We are pleased to adjust your compensation in recognition of your dedication and performance, effective from November 1, 2023.”
Uttar Pradesh government has announced to increase the salary of all guest faculties teaching in engineering colleges across the state.
West Bengal: CM Banerjee said that there will be no revision in the salary of the chief minister as she has not been drawing any salary for a long time.
Turkey’s opposition has long said that the country’s elections are played out on an unequal playing field, claims often backed by international observers.
The company has also hiked the pilots' per-hour flying and flying allowance rates.
Delhi's deputy CM Manish Sisodia said that for the last 11 years, MLAs were getting a salary of Rs 12,000, which has now been increased to Rs 30,000.
The common salary enhancement in 2022 is going to be 9 per cent against 7 per cent in the pre-pandemic year of 2019, according to the Michael Page Salary Report 2022.
Earlier in the day, the Central government increased the rate of Dearness Allowance (DA) and Dearness Relief (DR) after a gap of one-and-half years from 17 per cent to 28 per cent, benefiting nearly 1.14 crore employees and pensioners.
IT services major Wipro on Friday said it will give wage hikes to junior employees with effect from September 1, 2021.
Full-service carrier Vistara has decided to roll back the pay cut, implemented by the airline last year, for certain categories of employees from April while the reduced salaries will continue for the management-level executives, including the CEO, according to an e-mail to the airline staff.
The average increment band for offshore employees is expected to be 6-7 per cent as per norms, sources said.
The salary hike would benefit government employees and different types of employees, including Grant-in Aid employees, daily wage employees, Home Guards, Anganwadi workers, contract employees, outsourcing staff, ASHAs, those receiving honorariums and pensioners, he said.
7th Pay Commission: Good news for central government employees! The government is mulling a salary and Dearness Allowance (DA) hike. The employees who are going to get salary hike can start celebrating New Year from today itself. As per updates, this hike in salary and DA will be as per the 7th Central Pay Commission.
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