Does DA is applicable for private industry employees ( other than government )? As per statutory requirement, what are the salary components for private industry employees.
From India, Chennai
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From India, Chennai
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Dearness Allowance, which changes according to the cost of living index, is a mandatory component of salary. However, it is not necessary to have DA as a separate component provided your total salary is more than the statutory minimum salary fixed by the government, and you increase it periodically considering the increase in the cost of living indices.
From India, Kannur
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4771From India, Kannur
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