Sunday 6 November 2016

President approved payment of 2% duty from july 1

President approved payment of 2% duty from july 1. President Pranab Mukherjee has given his consent to payment of a 2 per cent dearness allowance (DA) to central government employees.The move would benefit about 50.68 lakh employees and 54.24 lakh pensioners.The DA would result in an annual burden of Rs.5,622.10 crore. As a Result upon the decision taken by the government on recommendations of the 7th
Central Pay Commission relating to DA, the President is pleased to decide that the DA to all categories of the central government employees shall be admissible at the rate of 2 per cent of basic.
iv. The decision to provide 2 per cent DA on basic pay was earlier approved by the Union Cabinet and will be applicable from July 1.The ministry further added that  the orders would also apply to the civilian employees paid from the Defence Services Estimates.

President approved payment of 2% duty from july 1

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