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Home Personal Finance Finance Ministry’s order issued: 4 percent increase in DA, payment of...

Finance Ministry’s order issued: 4 percent increase in DA, payment of arrears, amount will come in account in May

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Finance Ministry issued a notice: Now it will be mandatory for investing in these scheme including SCSS, PPF, SSY
Finance Ministry issued a notice: Now it will be mandatory for investing in these scheme including SCSS, PPF, SSY

The DA of the employees has been increased by 4%. For this, orders have been issued by the Finance Department. Earlier, the proposal for DA increase has been approved by the cabinet. He will be paid pension including salary and arrears only under the order issued. The amount will be sent to their account in the month of May along with the salary for the month of April.

7th Pay Commission, Employees DA Hike: There is big news for the employees. His dearness allowance has been increased. For this orders have been issued by the Finance Department. They will be given the benefit of increment only as per the issued order. Along with this, he has to be paid the arrears of 3 months.

DA increased at the rate of 4 percent

The hike in dearness allowance was approved by Bihar’s Nitish cabinet. Along with this, orders for this have also been issued by the Finance Department. Dearness allowance has been increased at the rate of 4 per cent for state government employees and pensioners, along with it, it has been increased from 38 per cent to 42 per cent. The increase in DA has been made effective from 1 January 2023.

Order issued by Finance Department

After getting the approval of the state cabinet on Monday, an order for this has been issued by the Finance Department. It will benefit more than two lakh pensioners including more than 4 lakh employees. The amount of arrears will be made available in their GPF account. Along with this, up to Rs 48000 can be seen in the employees’ account in the month of April along with the salary.

Instructions for payment of premature salary

In view of the same, the Bihar government has given instructions for the payment of salaries to the employees ahead of time. On April 20, the amount of salary will be sent to the account of the employees. Whose employees will be benefited.

Let us inform that earlier the dearness allowance was increased by 4 percent by the central government for the central employees. Along with this, his dearness allowance was increased from 38 to 42 percent. They will be paid arrears of 3 months. Along with this, apart from the Government of Rajasthan, orders for dearness of employees were also issued by the Government of Assam and Goa.

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