What is Dearness Allowance and How is it Calculated?

Admin
Admin
Posted 3 days ago
53
1
0

Hi everyone,

I'm trying to understand the concept of Dearness Allowance (DA). I've come across this term in the context of government salaries and pensions, but I'm not entirely sure what it means or how it's determined.

Could someone please explain:

  • What exactly is Dearness Allowance?
  • Why is it given?
  • How is it calculated and how often is it revised?
  • Does it apply only to government employees or also to private sector workers?

Any examples or links to helpful resources would be greatly appreciated!

Thanks in advance for your insights.

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