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7th Pay Commission : The wait is over, now this state also got 4% DA hike, Government’s Holi gift to employees and pensioners

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7th Pay Commission: Employees of Odisha state will get dearness allowance elevated by 4 p.c. Odisha Chief Minister Naveen Patnaik has introduced 4 p.c dearness allowance right now (14 March).

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7th Pay Commission: The authorities of Odisha has given a giant gift to its authorities employees earlier than Holi. Odisha authorities has elevated the dearness allowance for its employees to 4 p.c. Employees of Odisha state will get dearness allowance elevated by 4 p.c.

Odisha Chief Minister Naveen Patnaik has introduced 4 p.c dearness allowance right now (14 March). The state authorities has introduced dearness allowance for presidency employees and dearness reduction for pensioners. Now dearness allowance for employees within the state of Odisha has elevated from 46 p.c to 50 p.c.

DA can be relevant from January 1

According to the knowledge acquired from the Odisha state authorities, this dearness allowance can be carried out from January 1, 2024. Both dearness allowance and dearness reduction can be relevant from January 1, 2024. This step of the state authorities will profit 4.5 lakh state employees and 3.5 lakh pensioners.

The central authorities has given a gift of 4 p.c dearness allowance to the employees. The Union Cabinet authorized 4 p.c enhance in dearness allowance. Now employees will get 50 p.c dearness allowance. This dearness allowance can be relevant from January 1, 2024.

It can be credited together with the wage on the finish of March. A complete of two months arrears will also be added to this. This is the fourth consecutive time that dearness allowance has elevated by 4 p.c. The enhance in dearness allowance will enhance the burden on the federal government exchequer by Rs 12,868.72.

Earlier 4 states elevated DA

Earlier, Karnataka, Uttar Pradesh, Gujarat and Uttarakhand have given the gift of elevated dearness allowance to the state employees. All these states have given the gift of 4 p.c further dearness allowance. Now the employees of those states will get 4 p.c extra dearness allowance.

Minimum Balance : RBI has made new guidelines concerning minimal steadiness in checking account, can be relevant from 1st.

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