InvestorQ : What is Dearness Allowance?
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What is Dearness Allowance?

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Suresh Patil answered.
1 year ago
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Dearness Allowance or DA as most people know it, is an allowance which the government pays to its employees and pensioners. It is a cost of living adjustment allowance and is calculated as a percentage of an Indian citizen's basic salary to counter the impact of inflation on citizens.

DA is only applicable for employees of the public sector and not for those who work in the private sector.

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