EPFO

Increase in Dearness Relief to Central Government pensioners / family pensioners from 7% to 9%

Increase in Dearness Relief to Central Government pensioners / family pensioners from the existing rate of 7% to 9% w.e.f. 01.07.2018

Ministry of Personnel, Public Grievances & Pension, Government of India vide its Office Memorandum dated has informed that the Dearness Relief admissible to Central Government pensioners and family pensioners shall be enhanced as above.

The revised rates of DR will be applicable  to  :

(i) Civilian Central Government Pensioners/Family Pensioners  including  Central Govt.  absorbee pensioners in PSU / Autonomous Bodies in respect of whom orders have been issued earlier for restoration of  full  pension  after expiry of commutation period of 15 years.

(ii) The Armed Forces Pensioners. Civilian Pensioners paid out of the Defence Service Estimates.

(iii) All India Service Pensioners.

(iv) Railway Pensioner / Family pensioners

(v) Pensioners who arc in receipt of provisional pension.

(v) The Burma  Civilian  pensioner / family  pensioners and  pensioner families of displaced Government Pensioners from  Burma Pakistan Pakistan in respect of whom orders have been issued in Sep, 2017.

Any fraction of Dearness relief is to be rounded off to the next higher rupee

The  responsibility to calculate the quantum of DR payable in each individual case shall be of the Pension Disbursing Authority including Nationalised Banks.

Read the Circular Click Here >>

Share

Recent Posts

  • Income Tax

Absence of irrevocability clause no ground for rejecting registration u/s 12AB

Absence of an explicit irrevocability clause in trust deed no ground for rejecting application for registration or renewal under section…

1 hour ago
  • Income Tax

ITAT allows exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees

ITAT allowed increased exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees in view of CBDT retrospective notification. In…

23 hours ago
  • Income Tax

PCIT has revisionary jurisdiction u/s 263 over the cases passed by the NFAC or the JAO

PCIT has revisionary jurisdiction u/s 263 over the cases irrespective of the fact that the relevant assessment was completed physical…

1 day ago
  • Insurance

Appellate court interfering with MACT finding must undertake reappreciation of evidence

Appellate court interfering with Motor Accidents Claims Tribunal findings on assessment of disability and loss of earning capacity must undertake…

2 days ago
  • Income Tax

When delay is not huge & involves huge monetary liability, lenient approach to be taken

When period of delay is not very huge and involve huge monetary liability on the assessee, a lenient approach should…

2 days ago
  • SEBI

EoGM of company can not ratify diversion of fund raised by preferential issue – SC

Ratification by EoGM of the company can not give legality of the diversion of the fund raised by preferential issue.…

3 days ago