DA enhanced for govt employees getting unrevised scales

 by Punjabnewswire4u (Balbir)

CHANDIGARH, JULY 17

The Punjab Government today announced to enhance the rate of Dearness Allowance (DA) payable to the state government employees/pensioners, who are getting their pay on the basis of unrevised scales, to 9.45 per cent.

Disclosing this here, Finance Minister Mr. Parminder Singh Dhindsa said that with the approval of Hon’ble Governor Mr. Shivraj V. Patil, the rate of dearness allowance has been enhanced from 127 to 139 per cent of the unrevised basic pay with effect from 1st January, 2012.

Mr. Dhindsa said that the whole amount on account of enhanced dearness allowance due for the period from 1st January, 2012 to 30th June, 2012 would be credited to the General Provident Fund account of employees. He said that this amount would be deemed as additional amount in the GPF accounts and the interest on this amount would be payable from the 1^st Day of next month. He said that from 1st July, 2012, enhanced dearness allowance would be paid in cash.

The Finance Minister said that in case of pensioners, the entire amount on account of enhanced dearness allowance would be paid in cash with effect from 1st January, 2012. He said that other conditions for the payment of dearness allowance would remain the same.