Good News :- Modi Cabinet decision: Increased DA of employees

Modi Cabinet decision: Increased DA of employees
According to sources, the Modi cabinet has approved a 4 per cent increase in the inflation allowance of employees and pensioners. In addition, the cabinet has approved the restructuring plan of Yes Bank.

Central cabinet meeting under the leadership of Prime Minister Narendra Modi (File Photo-PTI) The central cabinet meeting under the leadership of Prime Minister Narendra Modi was held (File Photo-PTI)

Cabinet approval to increase inflation allowance
The Modi government has given huge gifts to employees and pensioners. At the Cabinet meeting, the government has approved increasing the DA (DA) for employees and pensioners. According to sources, it is reported that a 4 per cent increase in the inflation allowance has been approved. In addition, the cabinet has approved the restructuring plan of Yes Bank.

Union Cabinet meeting led by Prime Minister Narendra Modi (File Photo-PTI)

The meeting of the central cabinet has reviewed the preparations for dealing with the corona virus. Regarding Corona, Health Minister Dr Harsh Vardhan briefed the Cabinet and said that India has performed the best in the world in fighting and preventing Corona. Important orders were given to the Ministry of External Affairs, Ministry of Civil Aviation, Ministry of Health, Ministry of Commerce and Ministry of Finance.

The employees of this state will receive two big gifts, Bumper Air and DA

What happens is the inflation allowance
In order to improve the standard of living of the government employees, the DA (DA) is given. For the past several days, there was a demand for increasing the inflation allowance. Sources said that the Union Cabinet has decided to increase the inflation allowance of 4 per cent for employees and pensioners.

Corona 75 confirmed cases in India, the first positive case found at UN headquarters

DA's will meet with the March Salary
Earlier, in a written reply to the Rajya Sabha, Union Minister of State for Finance, Anurag Singh Thakur had informed that with the salaries of March, central employees and pensioners will get inflation allowance.

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DA from January 2020 for Central Government Employees – 4% increase Estimated

from January 2020 for Central Government Employees – 4% increase Estimate

DA from January 2020 for Central Government Employees and Pensioners estimated to be 21% (4% increase) if All India Consumer Price Index decreases by not more than 1 point in any of the remaining two months and not more than 2 in the other.

DA from January 2020 – Even as January 2020 is getting closer, Central Government Employees and Pensioners are entitled to an additional installment of dearness allowance.

DA from January 2020 is estimated in this article, after All India Consumer Price Index for 10 months declared already by Govt (January 2019 to October 2019). We have assumed AICPI for remaining two months (November 2019 and December 2019)

Trend of All India Consumer Index from January 2019:

After an unprecedented increase in the month July 2018 from 291 to 301, All India Consumer Price Index (Base 2001=100) remained at the same level till December 2018. However, from January 2019, the index increased steadily and it is now at the level of 325 as on October 2019.

Month wise All India Consumer Price Index recorded from January 2019 to October 2019, is as follows.

DA from January 2020 for Central Government Employees – 4% increase estimated

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DA Rates Will be increase 5 % from July 2019

DA Rates Will be increase 5 % from July 2019

Increase in DA will be not less than 5% - CPI suggests - GConnect

DA from July 2019 – All India Consumer Price Index suggests that increase in DA for Central Government Employees from July 2019

“Hike in DA is much anticipated news among Central government employees and pensioners with due from July 2019.”

The Dearness Allowance (DA) for the Central Government employees is set to increase from 12 percent to 17 percent from July 2019

now everyone's focus will be on expected DA from July 2019 as it ... expected DA from July will hit 5% hike level if remaining months

Expected Dearness Allowance from July 2019 for Central Government ... to 17% with the hike of 5% from July to December 2019.

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Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order. The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that day.
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For enhanced participation of electors in the electoral process and reducing the electoral malpractices, it is essential to improve the quality of electoral registration process and of the electoral rolls. Booth Level Officer (BLO) is a local Government/Semi-Government official, familiar with the local electors and generally a voter in the same polling area who assists in updating the roll using his local knowledge. In fact, BLO is a representative of Election Commission of India (ECI) at the grass-root level who plays a pivotal role in the process of roll revision and collecting actual field information with regard to the roll corresponding to the polling area assigned to him.
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cabinet approves 3% da hike to govt employees and pensioners

Cabinet approves hiking dearness allowance of Govt staff to 12%; higher dearness allowance to staff to cost Rs 9,168 cr per year

DA from January 2019 – Increase in Dearness Allowance for Central Government Employees with effect from January 2019 is estimated at 3% on the basis of actual Consumer Price Index for 12 months for the period from January 2018 to December 2018

After All India Consumer Price Index witnessed higher ever increase in July 2018 to the extent of 10 points, increase in Dearness Allowance for Central Government Employees and Pensioners from January 2019 was estimated to be not less than 3%.

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A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund. A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers. Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.
Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order. The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that day.
A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money in mutual funds. SIP allows you to invest a certain pre-determined amount at a regular interval (weekly, monthly, quarterly, etc.). A SIP is a planned approach towards investments and helps you inculcate the habit of saving and building wealth for the future.
A SIP is a flexible and easy investment plan. Your money is auto-debited from your bank account and invested into a specific mutual fund scheme.You are allocated certain number of units based on the ongoing market rate (called NAV or net asset value) for the day.

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Gujarat Government Employees 2% DA Hike Related Latest News

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A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund. A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers. Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order. The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that dat, Donate a Car to Charity California Make a car donation in California and support your favorite local charity. Donatecarusa .com has an extensive list of reputable charities that will benefit from your car donation. Simply select the cause you wish to support, fill out the car donation forms, and make a difference in California. We will gladly accept any car donations from CA and even collect them from your house at no extra cost. When you donate a car in CA your donation is tax deductible. It’s a great way to support a worthy cause, so donate a car today. Donate your car, truck or boat in California. lets you donate your vehicle and choose a non-profit in your area to accept the proceeds. Your vehicle donation can help a cause in the area of your choice. We happily accept vehicles across the state of California including Los Angeles, San Diego, San Jose, San Francisco, Fresno, Sacramento, Long Beach, Oakland, Bakersfield, Anaheim, and all surrounding areas. We take care of the paperwork, and you get a tax deduction as well. Call or click today!

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