Discover and read the best of Twitter Threads about #DearnessAllowance
Most recents (2)
1. Manoj Pant Finance Secretary West Bengal stated in para 5 of his affidavit to #calcuttahighcourt that remitting #DearnessAllowance wud be "beyond the financial capacity of the State Govt."
As DA an inseparable part of d salary,this statement is a "breach of contract" by GOWB.
As DA an inseparable part of d salary,this statement is a "breach of contract" by GOWB.
2. Why "breach of contract"?
Salary money is committed from before (a contract) which cannot be reduced with time.
As money is a negotiable instrument, Govt actually commits commodities in lieu of that committed salary amount.
As inflation occurs, DA is remitted as the
Salary money is committed from before (a contract) which cannot be reduced with time.
As money is a negotiable instrument, Govt actually commits commodities in lieu of that committed salary amount.
As inflation occurs, DA is remitted as the
3. inflation adjustment factor to let the employees buy the same amount of commodities with his salary even after price rise.
Thus DA is to preventing reduction of salary with time due to price rise.
Hence, non-remittance of #DearnessAllowance = reduction of committed salary/
Thus DA is to preventing reduction of salary with time due to price rise.
Hence, non-remittance of #DearnessAllowance = reduction of committed salary/
Union Minister @ianuragthakur will brief the media on the decisions taken by the Union Cabinet today
Watch LIVE from 3 PM:
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Watch LIVE from 3 PM:
Catch LIVE updates here
#Cabinet Briefing by Union Minister @ianuragthakur, to begin in a few minutes
LIVE from⏰3 PM:
Stay Tuned for updates
LIVE from⏰3 PM:
Stay Tuned for updates
#Cabinet decides to continue Rebate of State and Central Taxes and Levies Scheme for garments, apparels and made-ups till March 31, 2024
Will boost investment, create jobs, improve competitiveness of domestic firms in textiles sector
- @ianuragthakur
Will boost investment, create jobs, improve competitiveness of domestic firms in textiles sector
- @ianuragthakur
