What does D.A. mean in STATE & LOCAL
Dearness Allowance (DA) is a monetary allowance that is paid to employees in order to help them adjust to inflation and cost of living increases. This allowance is generally revised on a quarterly basis, depending on the calculation of inflation.
D.A. meaning in State & Local in Governmental
D.A. mostly used in an acronym State & Local in Category Governmental that means Dearness allowance
Shorthand: D.A.,
Full Form: Dearness allowance
For more information of "Dearness allowance", see the section below.
Essential Questions and Answers on Dearness allowance in "GOVERNMENTAL»LOCAL"
What is Dearness Allowance?
Dearness Allowance (DA) is a monetary allowance that is paid to employees in order to help them adjust to inflation and cost of living increases.
How often is DA revised?
DA is generally revised on a quarterly basis, depending on the calculation of inflation.
Is DA taxable?
Yes, DA is taxable under Indian Income Tax Laws.
Does everyone receive DA?
No, only those employees who are covered by CCS (Revised Pay) Rules, 1948 receive Dearness Allowance.
Is DA included in salary slip?
Yes, DA will be mentioned in employee's salary slips or payslips as a separate item but it should not be confused with gross salary as both are different from each other.
Final Words:
Dearness Allowance helps employees adjust for rising costs and gives them some financial security during times of high inflation. It forms part of an employee's total salary package and provides relief when there are high prices due to economic recession or natural crisis such as droughts.