In Short: In September, central employees might receive an exciting update regarding their dearness allowance (DA). The cabinet is expected to approve a 3% increase in DA, boosting the current rate from 50% to 53%. This adjustment, effective from July 1, 2024, will be based on recent Consumer Price Index (CPI-IW) data indicating higher inflation. The increase will provide notable financial relief to employees and pensioners, with additional payments for July and August issued as arrears. Key Points: - A 3% increase…