DA (Dearness Allowance) compensates for inflation and is calculated as a percentage of basic pay, revised periodically with the price index. HRA (House Rent Allowance) compensates for housing costs and depends on the city of posting — metro cities get ...
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Gross salary is the total pay before any deductions — basic pay plus dearness allowance, house rent allowance, transport allowance and other allowances. Net salary, also called in-hand salary, is what remains after deductions like provident fund contribution, income tax ...
DA (Dearness Allowance) is a cost-of-living adjustment paid as a percentage of basic pay. HRA (House Rent Allowance) helps with accommodation costs and varies by city category. Both are revised periodically by the government. They form a large part of ...