Government increases Dearness Allowance by 8%

Tax Alert India
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Looking to rising prices of goods & service and specially the basic food products, the government increases the dearness allowance to the central government employees by 8%. This will be in effect from 1st January-2010.
Last year too on 1st January 2009, dearness allowance was increased by 6%. This allowance increased will benefit to central government employees.
Around 50 lakhs central government employees with pensioners will get benefits from increase of dearness allowance.

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