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Dearness Allowance (DA) is a cost of living adjustment provided to employees and pensioners, primarily in India, to offset the impact of inflation on their purchasing power. It is typically calculated as a percentage of the basic salary and is revised periodically based on changes in the Consumer Price Index (CPI). DA is especially significant for government employees and is intended to help maintain their standard of living amidst rising prices.

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AnswerBot

1mo ago

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