Warning: No part of this site may be reproduced, stored in a retrieval system or transmitted in any form without the prior permission of the website owner is strictly prohibited

Payment of Dearness Allowance to the Employees of Navodaya Vidyalaya Samiti Revised Rates effective from 01.07.2021.

 

Payment of Dearness Allowance to the Employees of Navodaya Vidyalaya Samiti Revised Rates effective from 01.07.2021.

 

1. Consequent upon the orders issued by the Govt. of India, Ministry of Finance, Deptt. Of Expenditure vide its OM No.1/1/2020-E-II(B), dated 20th July, 2021, approval of the Competent Authority is hereby conveyed for enhancement of Dearness Allowance to NVS employees with effect from 01.07.2021, from the existing rate of 17% to 28%. The increase subsumes the additional instalments arising on 01.01.2020, 01.07.2020 and 01.01.2021. The rate of Dearness Allowance for the period from 01.01.2020 till 30.06.2021 shall remain at 17%.

2. The Dearness Allowance, will be computed on the Basic Pay. The basic pay means the pay drawn in the prescribed level in the pay Matrix as per 7th CPC, which does not include any other type of pay like special pay etc.

3. The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of FR.9(21).

4. The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paid may be ignored.

5. The expenditure on account of the above payment shall be met from the budgetary provisions under the Head "Staff Payments-Salary" as per the budget allocation for the Financial Year 2021-22

DOWNLOAD MEMO

Previous
Next Post »
0 Komentar

Google Tags