The first gift pertains to the Dearness Allowance (DA) of employees, which may once again increase. The second is the ongoing talks with the government on DA dues while the third is related to Gift Provident Fund (PF). Interest on PF can be credited to the employee’s account before Diwali.
The government can give three big gifts to the central employees on Diwali. Earlier in July this year, the Dearness Allowance (DA) and Dearness Relief (DR) for the employees were increased by the Central Government. Due to this, the central employees got a big relief. Now, three big gifts are expected to bring even more relief.
The first gift pertains to the Dearness Allowance (DA) of employees, which may once again increase. The second is the ongoing talks with the government on DA dues while the third is related to Gift Provident Fund (PF). Interest on PF can be credited to the employee’s account before Diwali. Let us know about them in more detail.
Increase in DA
Dearness Allowance (DA) hike in July 2021 is yet to be determined, by what percentage, but data from a report by AICPI suggests that it may increase by up to 3%. In this way, after increasing by 3%, DA will reach 31 percent. At the same time, now the central government can announce to increase DA around Diwali.
Negotiations on DA dues For the
last 18 months, DA arrears of government employees are being pending. For which the report has now been sent to the Central Government. In such a situation, the central employees are hopeful that they will get dearness allowance before Diwali. Explain that due to the Kovid epidemic, the Finance Ministry in May 2020 had stopped the DA increase till 30 June 2021. for which arrears have not yet been paid.
Money interest PF can also get
staff before Diwali more than 6 million account holders’ Provident Fund Organization (EPFO) benefit can be obtained. Interest money can soon come to the bank account of PF account holders. Because EPFO can soon announce the transfer of interest in the accounts of the people for the 2020-21 session.
