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Raju311
25-04-2013, 06:46 PM
Dear Sir,

I want to know whether risk allowance is double or not? In our office estt. section is telling that it is no where mentioned that it is double. Only 25% raised they were giving. And what about period because last order was upto March 2013. After that no order is issued. Kindly explain ?

Victor
25-04-2013, 09:45 PM
Dear Sir,

I want to know whether risk allowance is double or not? In our office estt. section is telling that it is no where mentioned that it is double. Only 25% raised they were giving. And what about period because last order was upto March 2013. After that no order is issued. Kindly explain ?

Revised rates of Risk Allowance (which are double of the existing rates admissible since 1st October, 1986) have been notified vide OM dated 18.10.2012 (http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02est/21012_01_2010-Estt.AL-18102012.pdf). These revised rates are admissible w.e.f. 1st Sept 2008 and would also automatically increase by 25% whenever DA goes up by 50%.

Victor