Chandigarh, Dec 3 (PTI) The Punjab government today announced to raise Dearness Allowance (DA) by 12 per cent for the state government employees and pensioners. Disclosing this in a release here, Punjab Finance Minister Parminder Singh Dhindsa said that the rate of DA has been enhanced from 139 to 151 per cent of the unrevised basic pay with effect from July 1, 2012. Dhindsa said the whole amount on account of enhanced DA due for the period from July 1 to August 31 2012 would be credited to the General Provident Fund account of employees. He said this amount would be deemed as additional amount in the GPF accounts and the interest on this amount would be payable from the first day of the next month. He said from 1st September 1, 2012, enhanced dearness allowance would be paid in cash. The Finance Minister said in case of pensioners, the entire amount on account of enhanced dearness allowance would be paid in cash with effect from July 1, 2012. He said that other conditions for the payment of dearness allowance would remain the same. PTI CHS DKS RAH ns MR
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