Thursday, September 16, 2010

Govt hikes 10% DA from July 2010

The government today announced ten percent increase in the Dearness Allowance of central government employees and Pensioners from July this year. A decision to this effect was made by the Union Cabinet which met in New Delhi.
According to an official press release the total impact on the exchequer will be over 9 thousand three hundred crore rupees annually, while six thousand two hundred crore rupees for the current financial year.

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