Thursday, April 26, 2018

Dearness Allowance for Karnataka Government Employees from 1.1.2018

Dearness Allowance for Karnataka Government Employees from 1.1.2018 as per GO No.FD 6 SRP 2018

DEARNESS ALLOWANCE: The Dearness Allowance upto the index level of 276.9 of All India Average Consumer Price Index admissible to Government servants as on 1st July 2017 is merged with the basic pay while structuring the new pay scales (base 2001=100). Hence, the first installment of DA in the revised scales of pay shall be admissible from 1st January 2018.

Dearness Allowance payable to Government servants shall be regulated with reference to the Dearness Allowance formula evolved by the Government of India.

The Dearness Allowance payable to Government employees in the revised scales of pay shall be calculated with a multiplication factor of 0.944 % for every 1% DA to be sanctioned by the Government of India.

It shall be paid twice a year from 1st January and 1st July.

The inflation neutralization shall be uniform at 100% at all levels.

Dearness Allowance will continue to be shown as a distinct element of remuneration.

Source: www.finance.kar.nic.in

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