Joshi inaugurates 5.4 GW high-tech plant at Chikhli in Gujarat (See 'Corp Brief') IBC - Statutory dues owed to Central Government, or any State Government or any local authority, if not part of Resolution Plan, shall stand extinguished: SC (See 'Legal Desk') E-Jagriti Portal empowers stakeholders with tools for efficient Consumer Dispute Resolution (See 'Corp Brief') IPR - Mala fide intent and selling of old counterfeit products with sole objective of capitalizing on immense goodwill and brand image of Louis Vuitton, calls for permanent restraint order: HC (See 'Legal Desk') Competition Law - NCLAT affirms CCI's emphasis on 'effects-based analysis' to assess anti-competitive conduct; Reduces penalty on Google to Rs.216 crores for abusing dominant position without denying market access: NCLAT (See 'Legal Desk') Yadav emphasizes India's commitment to Climate Action and Sustainable Development (See 'Corp Brief') A&C - If party has agreed that no interest shall be payable Arbitral Tribunal cannot award interest between date, when cause of action arose to date of award: HC (See 'Legal Desk') IBC - Decision of Liquidator to proceed with private sale by adopting Swiss Challenge Mechanism is not beyond jurisdiction or authority of Liquidator: NCLAT (See 'Legal Desk') Democratisation of Services Delivery: MoS highlights governance milestones (See 'Corp Brief') IBC - Sale of corporate debtor as going concern in liquidation can be conducted even beyond 90 days under amended Regulation 32A(4) of Liquidation Regulations, 2016: NCLAT (See 'Legal Desk') Competition Law - Setting tender terms and conditions is largely within domain of procurer: CCI (See 'Legal Desk')

Print

Cabinet okays 2% DA benefits worth Rs 6614 Crore

Published: Mar 29, 2025

By TIOL News Service

NEW DELHI, MAR 28, 2025: THE Union Cabinet approved to release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2025 representing an increase of 2% over the existing rate of 53% of the Basic Pay/Pension, to compensate against price rise.

The combined impact on the exchequer on account of increase in both Dearness Allowance and Dearness Relief would be Rs. 6614.04 crore per annum. This will benefit about 48.66 lakh Central Government employees and 66.55 lakhs pensioners.

This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A Taxongo Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.