The Centre has recently hiked the dearness allowance (DA) by 3% for central government employees. When the dearness allowance hit 50%, the government increased...
Certain incomes come under exemptions, partially or fully, under the Income Tax Act. Like incomes from agriculture, NRE account, provident fund, gratuity,...
The central government in March this year announced DA hike by 4% for over 50 lakh government employees and 67 lakh pensioners,...
Dearness Allowance was hiked to 50% in March 2024, consequent to which Gratuity ceiling is automatically hiked 7th Pay Commission DA Hike: Retirement...
This hike in gratuity was on account of revision of dearness allowance payable to central government employees to 50% of the basic...
As per the rules, the gratuity limit and other allowances get automatically revised whenever the DA hits a ceiling of 50%. The...
After DA has touched 50% of the basic pay after the latest 4 per cent hike, there will be an automatic rise...
7th Pay Commission: As per the Gratuity Payment Act 1972, the maximum gratuity an employee can receive is Rs 20 lakh, the...
7th Pay Commission: When the central government announced a four per cent hike in dearness allowance (DA) and dearness releif (DR) for...
7th Pay Commission: Every time the DA hike touches 50%, children’s education allowance will be increased by 25%, according to recommendations of...