All India Consumer Price Index (AICPIN) for the month of April 2020 – Press Release PDF Download Ministry of Labour & Employment Consumer Price Index for Industrial Workers (CPI-IW) – April, 2020 The All-India CPI-IW (AICPIN) for April, 2020 increased by 3 points and stood at 329 (three hundred and twenty nine). On 1-month percentage change, it increased by (+) … [Read more...]
Freezing of Dearness Allowance and Dearness Relief to CG Employees
Freezing of Dearness Allowance to Central Government Employees and Dearness Relief to Central Government Pensioners – Hardships & legal implications thereof. Ph: 23382286National Council (Staff Side)Joint Consultative Machinery for Central Government Employees13-C, Ferozsha Road, New Delhi-110001E-Mail: [email protected] Shiv Gopal … [Read more...]
Expected DA from January 2019 Calculator
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...]