PERSONAL FINANCE
7th Pay Commission: These decisions will provide a huge relief to the central government employees and pension holders.
Central government employees and pensioners are expected to receive a hike in Dearness Allowance (DA) and Dearness Relief (DR). According to the latest updates, central employees will get their enhanced Dearness Allowance and Dearness Relief from September 2021. There are also reports that their dearness allowance will increase from 17 per cent to 31 per cent from September. Not only is that but the Dearness Allowance of three months also expected to come in September itself. In such a case, central employees will get Diwali gifts before Diwali.
DA and DR
The central government employees are expected to get a hike in DA and DR from September. The benefits will be applicable from July 1, 2021. The arrears will be given to the employees and pension holders for the month of July and August. However, no new announcement has been made by the government regarding this yet.
People are also assessing how much the monthly salary will increase after the DA increases. A media report claims that the monthly salary of employees will go up from Rs 3000 to Rs 30,000. Evidently, the monthly salary will increase after the restoration of DA and will depend on the pay scale of the employees.
House Building Advance:
The central government had introduced the House Building Advance (HBA) benefit in June 2020 for government employees who want to construct their houses. Under this scheme, the basic interest rate charged on this HBA is 7.9 per cent and the HBA benefit will remain available till March 31, 2022.
7th pay commission pension benefit:
According to a circular issued by DoPT, the provisional family pension will be sanctioned as soon as the claim is received for Family Pension and Death Certificate from the eligible family member without waiting for other procedures to be complete.
Changes regarding Travel Allowance:
Relief has been given to retired persons by the Central Government. The central government recently extended the time limit to submit TA to 180 days. Earlier the time limit was 60 days. This new rule has come into effect from June 15.
Pension slips through Email, WhatsApp, and SMS:
The Modi government has given great relief to the pensioners. The central government recently directed the banks to issue pension slips to the pensioners through SMS, Email and WhatsApp on their registered contact details. The decision will come into effect from July 1, 2021.
US takes immigration issue 'incredibly seriously': State Dept amid visa delays
Guru Nanak Jayanti 2024: Are banks closed or open today? Check state-wise list here
Beaver moon 2024 today: All you need to know about 2024's last supermoon
Anil Ambani's Reliance Infra posts Rs 4082 crore profit in 3 months, market cap climbs to Rs...
Meet Prerna Singh, daughter of autorickshaw driver, who cracked NEET-UG, her score was...
Meet woman, who cracked UPSC exam while doing full time job, secured AIR 3, now she is...
Viral video: Little girl wins heart with adorable dance to Janhvi Kapoor’s 'chuttamalle' song, watch
IND vs SA, 4th T20I Dream11 prediction: Fantasy cricket tips for India vs South Africa match
IND vs SA, 4th T20I: Predicted playing XIs, live streaming details, weather and pitch report
Delhi: All primary schools closed, classes shifted to online mode due to rising pollution levels
BIG trouble for Anil Ambani, criminal charges against his Rs 14422 crore company over...
Bhool Bhulaiyaa 3 producer calls Singham Again team 'unfair' after the box office win
From Play to Pay, Gaming Is Big Business And A Genuine Professional Prospect
Leasehold vs Freehold: Exploring Options for Expats and Investors in Dubai
Mukesh Ambani's Reliance, Disney complete Rs 70352 crore media merger, to be headed by...
Badshah lands in legal trouble, case registered against rapper for...
GRAP III imposed in Delhi: What is allowed, what is banned amid 'severe' air quality
'Throwing me in deep end': Ricky Ponting takes fresh dig at Gautam Gambhir over Virat Kohli remarks
Revolutionizing Inventory Management in the Cloud Era: Pradeep Kumar’s Strategic Innovations
Delhi: AAP's Mahesh Khichi elected mayor as party defeats BJP in MCD polls
Delhi Air Pollution: GRAP 3 to be imposed in national capital from Nov 15, strict ban on...
WATCH: Inside Rinku Singh's Rs 3.5 crore luxurious house with rooftop bar, private pool
Renowned Yoga Guru Sharath Jois passes away at 53 after suffering heart attack
NASA alert! Giant 'God Of Chaos' asteroid set for close approach to Earth, may trigger astroquakes
UPPSC protest BIG update: RO-ARO exam postponed, PCS prelims to be held in one day
This man earned more money than Mukesh Ambani and world's richest man Elon Musk in one day, he is...
'World's best....': Japan vlogger's reaction to Bengaluru airport goes viral
Sania Mirza named Sports Ambassador of THIS city, not Delhi, Hyderabad, Jaipur
Shloka Mehta turns heads in sleek white gown at Tira store launch, see pics
Amid Abhishek Bachchan and Aishwarya Rai divorce rumours, Jaya Bachchan surprises everyone with...
IND vs SA: Arshdeep Singh goes past Bhuvneshwar Kumar to become Indian pacer with most....
Mukesh Ambani, Isha Ambani’s luxury retail chain opens new store at...
PM Modi to receive Dominica’s highest national award for...
Shraddha Kapoor says people with big foreheads are…
'Busy making...': Kanhaiya Kumar sparks row with remarks on Devendra Fadnavis' wife; BJP hits back
'Full baarati vibes': Vietnamese man's epic 'nagin dance' steals show at Mumbai event
Tilak Varma credits THIS player for his century against South Africa, says 'He gave me...'
UPSC IFS Mains Admit Card 2024 to be released today at upsc.gov.in, check direct link to download
'Be prepared for...': Rupali Ganguly's stepdaughter Esha Verma REACTS to Rs 50 crore defamation case
Saudi, Iran: Cautious dance toward détente?
Anushka Sharma shares glimpse of Children’s Day special dish for daughter Vamika, son Akaay
Jaw-dropping! Man wraps massive green anaconda around his shoulders, internet says...
Donald Trump plans to end Russia-Ukraine war with THIS move, is expected to 'soon' appoint...
As pollution worsens in Delhi with AQI at 'severe' level, experts at COP29 urge India to...
SDM Assault Case: 60 people arrested in Rajasthan's Tonk
Veg thali cost more than non-veg thali in October, here's why
Land drug trafficking patterns in North-Eastern Region
Shillong Teer Result November 14, 2024: Know updates on lucky winning numbers
Mukesh Ambani's SUPERHIT offer for Jio users: Get unlimited validity for 84 days at just Rs...
Delhi air quality dips to 'severe' category as AQI nears dangerous...