Latest News Update About Da Order July 2010: Ministry of Finance | Ministry of Finance DA Order | Ministry of Finance DA Order 2010 | Ministry of Finance DA Order July 2010 | Ministry of Finance Notification | Ministry of Finance Circulars | Ministry of Finance Salary Disclosure | Dearness Allowance July 2010
Ahead of the festive season, the central government on Thursday raised Dearness Allowance by 10 percentage points to 45 per cent of basic pay, benefiting about 88 lakh employees and pensioners.
The decision to provide higher DA to employees will cost the exchequer an additional Rs 9,303.2 crore per annum, an official spokesperson said after a meeting of the Union Cabinet, where it was decided to raise the allowance.
The new DA will be paid to central government employees and pensioners with effect from 1st July, 2010, and the burden during the current fiscal has been estimated at Rs 6,202.1 crore.
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