There has been great news for central government employees and pensioners. The Finance Minister has taken an important decision regarding the long -awaited 18 -month DA (Dearness Allowance) arrears. This is expected to provide relief to millions of government employees and pensioners. This decision is very special for those who were affected by the DA arrears during the corona epidemic.
The issue of DA arrears was in discussion for the last several months, and now the government has taken positive steps about it. This decision will not only provide financial assistance to employees and pensioners, but will also increase their morale. Let us know in detail what this decision is and how to get its benefit.
What is DA arrear? (What is da arrear?)
DA arrears mean the outstanding arrears of increase in dearness allowance that were not given to employees in a particular period. During the Korona epidemic, the central government stopped the DA growth from January 2020 to June 2021. A total of 18 months DA arrears were outstanding during this period.
The government has now started the process of releasing this dues, which will benefit millions of employees and pensioners. This amount will be given in a lump sum (lump sum) in their salary or pension.
DA Arrear Scheme brief details (Overview Table)
| Name of the scheme | DA Arrear Payment |
| Beneficiary | Central government employees and pensioners |
| Conclusion | January 2020 to June 2021 (18 months) |
| When was the decision taken | Recently by Finance Minister |
| Method of payment | Lump Sum Payment |
| Dearness allowance rate | Increased from 17% to 28% |
| Total beneficiary number | About 50 lakh employees and 65 lakh pensioners |
| Fund issuing institution | Central government |
Importance of DA Arrear (Importance of Da Arrear)
Paying DA arrear is important in many ways for employees and pensioners:
- Economic Relief: This amount will give great relief to the employees facing economic crisis during the Korona epidemic.
- Breaking morale: This step will be helpful in increasing the morale of government employees.
- Dealing of inflation: The increase in dearness allowance will help in meeting daily needs.
- Sahara to pensioners: This will be a major assistance for senior citizens and pensioners.
Changes in Da Rates
The dearness allowance rates have been changing from time to time. As of January 2020, the DA rate was 17%, which was increased to 28% in July 2021. DA rates are given in the table below:
| Conclusion | DA rate (%) |
| January 2020 | 17% |
| July 2021 | 28% |
| Existing time | 42% |
This change was made to increase the purchasing power of the employees.
How will DA arrear pay? (How will da arrear be paid?)
The government has clarified that DA arrears will be paid as a lump sum. This means that all the beneficiaries will be given their dues at once.
payment process:
- Calculation on the basis of salary slab: The outstanding amount of every employee or pensioner will be fixed on the basis of their salary or pension slab.
- Transfer directly to the account: The amount will be transferred directly to the beneficiary’s bank account.
- Tax deduction: Income tax rules will apply on this amount.
Faqs on Da Arrear related to DA Arrear
Will all government employees get this benefit?
Yes, all the employees and pensioners of the central government will benefit under this scheme.
Are state government employees also involved in this?
No, this scheme is applicable only to central government employees and pensioners.
How long will the payment be?
The payment process is likely to start soon, although the exact date has not been announced yet.
Will this amount be taxable?
Yes, Income Tax rules will apply to DA arrears.
Benefits and challenges related to DA arrears
Benefits:
- The economic condition of the employees will be strong.
- Will help in dealing with inflation.
- Government schemes will have a positive impact.
Challenges:
- Releasing such a large amount can increase pressure on the government exchequer.
- There may be a possibility of delay in the process.
Conclusion
The DA Arrear Scheme is an important step taken by the Central Government that will provide relief to millions of employees and pensioners. This will not only improve their economic condition, but will also increase their morale. However, there may be some challenges in implementing this scheme, but its overall effect will be positive.
Disclaimer: The information given above is based on various reports and information. Please confirm the official announcement or the concerned department whether the scheme has been really implemented.
