The increase in dearness allowance of employees will be paid in the month of November along with the salary of October.
According to the order issued by the Ministry of Finance, an increase of 5 percent has been announced in the dearness allowance of the employees of CPSEs 2007. In fact, in the dearness allowance issued on July 1, 2022, he was being given the benefit of dearness allowance at the rate of 190.8%. Now his dearness allowance has been increased to 195.8. The increase in dearness allowance of employees will be paid in the month of November along with the salary of October.
An increase has also been announced in the DA of CPSE employees of the same 2017 pay scale. The Finance Ministry has issued orders in this regard. According to the order issued by the Ministry of Finance, the DA of the employees has been increased to 34.8 percent. At the same time, it will be implemented from October 1, 2022.
With this increase, the DA of the employees has been increased by 2.3 percent. Earlier, for the quarter on July 1, 2022, the benefit of dearness allowance at the rate of 32.5 percent was being provided to the employees. Now from October 1, they will get the benefit of dearness allowance at the rate of 34.8%.
