Punjab Announces Release Of Da Arrears To Employees And Pensioners

DA Arrear W.E.F. 1-7-2014 To 28-2-2015 @7% And Arrears W.E.F. 1-1-2014 To 30-9-2014 @10% Would Be Given In Cash: PARMINDER DHINDSA

5 Dariya News

Chandigarh 27-Jun-2016

The Punjab Government today announced the release of arrears of Dearness Allowance (DA)/Dearness relief to the employees/pensioners of the state government in cash. Disclosing this here today Mr. Parminder Singh Dhindsa, Finance Minister, Punjab said that the arrears of DA w.e.f. 1-7-2014 to 28-2-2015 @7 % and arrears w.e.f. 1-1-2014 to 30-9-2014 @10% would be given to the employees and pensioners of the state government in cash.Divulging further details Mr. Dhindsa said that 50% of the DA arrears from 1 July 2014 to 28 February 2015 @ 7% shall be paid during the second quarter of financial year 2016-17 i.e.  from 1 July 2016  to 30 September 2016 and pending 50% of this arrears shall be paid during  the third quarter of financial year 2016-17 i.e.  from 1 October 2016  to 31 December 2016. 

Likewise the 50% of the DA arrears from 1 January 2014 to 30 September 2015 @ 10% shall be paid during the fourth quarter of financial year i.e . from 1 January 2017 to 31 march 2017 and the rest of the 50% of this arrears shall be paid during the first quarter of financial year 2017-18 i.e.  from 1 April 2017 to 30 June 2017.He said that the notification in this regard has been issued today.