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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•22-01-2026, 23:22

US Inflation Rises in November as Consumer Spending Stays Strong, Fed Rate Cut Unlikely

  • •The Federal Reserve's preferred inflation gauge, PCE, rose to 2.8% annually in November, up from 2.7% in October.
  • •Core PCE, excluding food and energy, also increased to 2.8% annually in November, slightly higher than October's 2.7%.
  • •Consumer spending climbed 0.5% in November, indicating a healthy economy in the last quarter of the previous year.
  • •Despite a cooler labor market, the strong economic data suggests the Federal Reserve is unlikely to cut interest rates soon.
  • •Monthly inflation was milder, with both overall and core inflation rising just 0.2% from October, moving closer to the Fed's 2% target over time.

Why It Matters: US inflation rose in November, driven by strong consumer spending, making a Federal Reserve rate cut improbable.

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