DA hike news: EPFO puts 25% increase in gratuity due to dearness allowance raise on hold

7th Pay Commission DA Hike: EPFO had on April 30, 2024, announced a 25% increase in the maximum retirement benefit and death benefit, raising it from Rs 20 lakh to Rs 25 lakh. However, just a week later, on May 7, they released a circular putting the gratuity hike on hold.