Expected DA from January 2019 Calculator Calculation of Expected DA from January 2019 will be our next topic of interest after 2% DA hike is confirmed from 1.7.2018. According to the 12 Month Average of AICPIN from July 2017 to June 2018, the DA hike from 1.7.2018 will be 2%. So Total 9% DA will be paid w.e.f. 1st July 2018. Cabinet Approval for DA hike The Cabinet Approval … [Read more...]
Bank DA Calculation and Formula
Bank DA Calculation and Formula DA is revised for bankers for every quarter as mentioned below 1. February, March, April 2. May, June, July 3. August, September, October 4. November, December, January Based on All India Consumer Price Index Numbers for Industrial Workers, the DA for Bank Employees calculated for each quarter. Three months AICPIN previous to one month … [Read more...]
Bank DA Calculator for bankers from November 2017
Bank DA Calculator for bankers from November 2017 DA is calculated based on CPI Numbers for Industrial Workers of quater ending one month before the quarter for which DA is payable because CPI data is released by Ministry of Labour on the last day of next month. DA is revised for bankers every quarter i.e., Feb-Apr, May-Jul, Aug-Oct and Nov-Jan. Expected DA For the Quarter … [Read more...]
DA Arrears Calculator from July 2017
DA Arrears Calculator from July 2017 This DA Arrears Calculator from July 2017 has been provided here to Calculate the DA and DR arrears for two months. The Cabinet gave its nod yesterday to release the additional 1% Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pernsioners with effect from 1.7.2016. For the past two months ie July 2017 … [Read more...]
Revising AICPIN Average will take July Dearness Allowance to 3%
Revising AICPIN Average will take July Dearness Allowance to 3% - NCJCM Shiva Gopal Mishra Secretary National council (Staff Side) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi-110001 E-Mail : [email protected] No.NC/JCM/2016 Dated: September 6, 2016 The Secretary(Expenditure), Ministry of Finance, (Government of … [Read more...]