Is DA is applicable to private sectors or its applicable only to government sectors? Thank you in advance.
From India, Cochin
From India, Cochin
DA is a pay factor which is a compensation pattern for the rising cost of living currently being felt. DA is linked to the Consumer Price Index (CPI). It is prevalent in both the private and government sectors. If DA is not separated and a lump sum payment is made, it is known as consolidated wages.
From India, Mumbai
From India, Mumbai
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