Employees DA Hike: Good news for employees, increase in DA, order issued, will be effective from July 1, 2023, money will come in account in August

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Employees DA Hike: Good news for employees, increase in DA, order issued, will be effective from July 1, 2023, money will come in account in August
Employees DA Hike: Good news for employees, increase in DA, order issued, will be effective from July 1, 2023, money will come in account in August

There is good news for the employees. His dearness allowance was increased. Orders have been issued for this. With the increase in their dearness allowance, in August they can get a benefit of up to Rs.

Employees DA hike, DA hike Update: There is good news for the employees. Once again his dearness allowance has been increased. Orders have been issued for this. Under the issued order, from July 1, 2023, they will be given the benefit of increased dearness allowance.

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Dearness Allowance hiked by 1.5%

In fact, dearness allowance has been increased by Coal India Limited for its board level and below board level executive employees. Will be made effective from 1 July. Dearness Allowance has seen an increase of 1.5%.

Issued orders

It has been said in the released office memorandum that according to Pay Revision 2017/2972 dated August 8, 2018, the dearness allowance is increased on a quarterly basis every year on January 1, April 1, July 1 and October 1. For this, the index average has been recorded as 277.33 on the basis of January 1, 2017.

They will get benefit

Non-unionized executive and CPSE supervisor will get the benefit of this dearness allowance. From July 1, 2023, they will be given the benefit of 39.2% dearness allowance. IDA employees who are paid under Revised Pay Scale 2017. Only they will get the benefit of increased dearness allowance.

Benefit of increased DA from 1st July 2023

Let us inform that earlier the dearness allowance of CPSE IDA employees was increased by the central government. During this period the dearness allowance was increased. And from July 1, 2023, they are being given the benefit of increased DA. A huge amount will be seen in their account in the month of August, when they will get the benefit of dearness allowance along with the July salary.

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