Business
DA of central employee freezes at current level till July 2021 by Government .
On Thursday finance ministry decided to put on hold additional installments of dearness allowance (DA) and dearness relief (DR) payable to central government employees and pensioners due from January 1 2020 till July 1 2021 in view of the ongoing corona virus pandemic.
Due to additional demands on the finances of the government comes current decision placed ,There is a need for major increase in expenditure on health as well as on welfare measures for various affected sections of society including the poor and vulnerable.
“In view of the crisis arising out of Covid-19, it has been decided that the additional investment of dearness allowance payable to central government employees & dearness relief to central government pensioners, due from January 1, 2020 s shall not be paid,” the finance ministry said in a statement.
This means that additional DA and DR installments due from January 1, 2020, July 1, 2020 and January 1, 2021 shall not be paid.However, the government will continue to pay DA and DR at current rates. The rate of DA and DR will be restored from July 1, 2021 with prospective effect.Further, no arrears will be paid for the period from January 2020 till June 30, 2021.
The combined savings of freezing of three installment of DA and DR to Central government employees and and pensioners would be Rs 37,530 crore in the financial year 2020-21 and 2021-22.State governments follow the Central government orders on DA/DR. It is estimated that the saving on freezing of three installments of DA and DR of state governments employees and pensioners, will be Rs.82566 crore.Thus total anticipated saving of Central government and state governments will be Rs 1.20 lakh crore, which help to fight against COVID-19.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.