Please guide me the difference between DA and VDA. I never heard VDA in Delhi but found VDA in minimum wages notification of UP. Thanks and Regards Vikas Kumar
From India, New Delhi
15From India, New Delhi
dear vikas DA may be fixed or variable. but generally fixed DA term is used in big engineering industrial establishment. tks j s malik
From India, Delhi
From India, Delhi
Dear ALL,
I want to share my knowledge about kinds of DA being exist in India with my fraternity.
1. Variable Dearness Allowance= Linked cost of living index every three
months worked out by the Simla Labour Bureau follwoed by the many
states government to convert VDA or Special Allowance for various
industries covered under minimum wages Act.
2. Dearness Allowance = similar to Variable Dearness Allowance its
customary people pronounce DA instead of VDA.
3. Central Dearness Allowance= is applicable to central government
allowance which is higher than the industrial dearness allowance in
per point rate increase.
4. Industrial Dearness Allowance= Central Public sector enterprises and
undertakings seperated with salary scales and IDA is less than CDA
rates above.
5. Fixed DA= is under an agreement certain ad-hoc being adjusted as
Fixed DA is subsequeltly being merged into basic pay.
Regards
Sawant
From Saudi Arabia
I want to share my knowledge about kinds of DA being exist in India with my fraternity.
1. Variable Dearness Allowance= Linked cost of living index every three
months worked out by the Simla Labour Bureau follwoed by the many
states government to convert VDA or Special Allowance for various
industries covered under minimum wages Act.
2. Dearness Allowance = similar to Variable Dearness Allowance its
customary people pronounce DA instead of VDA.
3. Central Dearness Allowance= is applicable to central government
allowance which is higher than the industrial dearness allowance in
per point rate increase.
4. Industrial Dearness Allowance= Central Public sector enterprises and
undertakings seperated with salary scales and IDA is less than CDA
rates above.
5. Fixed DA= is under an agreement certain ad-hoc being adjusted as
Fixed DA is subsequeltly being merged into basic pay.
Regards
Sawant
From Saudi Arabia
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MW - VDA - April '16 - March '17.pdf