Dearness allowance definition

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Dearness allowance

Dearness allowance logo #21000 The Dearness Allowance (DA) is a cost of living adjustment allowance paid to Government employees, Public sector employees (PSU)and pensioners in India & Bangladesh. Dearness Allowance is calculated as a percentage of an Indian citizen`s basic salary to mitigate the impact of inflation on people. Indian citizens may receive a basic salary or pens....
Found on http://en.wikipedia.org/wiki/Dearness_allowance
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