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Dearness Allowance: Dearness Allowance is paid to offset inflation and rising living costs. It is fully taxable in the hands of employees. Where DA forms part of salary for retirement benefits, it is also included while calculating exemptions such as House Rent Allowance. Example: If an employee receives ₹12,000 per month as DA, the full ₹12,000 is taxable. If DA is part of salary, it increases the salary base used for HRA exemption calculation.
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CNBC TV18•16-02-2026, 18:51

New CPI Series to Boost Inflation Tracking; GDP Revamp Won't Drastically Alter Growth: MoSPI

  • •India's new CPI series, with base year 2023-24, offers improved consumption pattern coverage and price tracking.
  • •GDP methodology changes are not expected to cause sharp shifts in headline growth numbers, says MoSPI Secretary Saurabh Garg.
  • •Higher food inflation in the new CPI series is attributed to expanded market coverage and revised food basket weights.
  • •Rental inflation data now relies on ground-level tracking, moving away from policy-linked rent changes.
  • •Upcoming GDP calculation changes will incorporate better informal sector data and wider use of double deflation in manufacturing.
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