Punjab Government notifies 7 per cent DA enhancement

by Punjabnewswire4u

CHANDIGARH, NOV 19

The Punjab Government notified 7 per cent Dearness Allowance (DA) enhancement payable to the state government employees/pensioners from 65 per cent to 72 per cent of the revised basic pay with effect from 1st July, 2012.

Disclosing this here, an official spokesperson of the Punjab Government said that the announcement for 7 per cent increase has already been made by the Finance Minister on November 12, 2012. He said that the state government has now issued notification for the implementation of this DA enhancement.

He further said that the enhanced DA as already announced by the Finance Minister would be given in two modes. He said that the enhanced DA for the first two months i.e. from 1^st July, 2012 to 31^st August, 2012 would be deposited in to the General Provident Fund (GPF) account of employees, whereas the arrear of the DA calculating from 1^st September would be given in cash. The spokesperson further said that the employees appointed on or after 1st January, 2004 would be paid the enhanced DA in the shape of National Saving Certificates/Kisan Vikas Patras for the period from 1st July, 2012 to 31st August, 2012, while pensioners would be paid the entire amount of enhanced dearness allowance in cash with effect from 1st July, 2012.