BREAKING NEWS

BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Monday, August 31, 2015

NEW DA FROM NOV 2015 WILL BE 39.70% for bank employee

Now, today i.e. on 31.08.2015, CPI for the month July'15 announced as 6003.21. On assumptions that CPI data would slightly increase   for the next two months i.e. for Aug'15 & Sep'15 in that situation the expected (tentatively) increase in DA Slabs comes to 33 slabs for the month of Nov'15 - Jan'16, the expected DA payable in terms of percentage is as under :-


CPI for the Quarter


Average CPI for the Quarter April -June 2015 as above = 5896.69


FOR JULY                                                                                                        6003.21
       AUGUST                                                                                                   6025.21
     SEPTEMBER                                                                                              6055.39

Average CPI for the Quarter JULY TO SEPTEMBER  2015 as above = 6027.93.

NEW DA   FROM NOV 2015 WILL BE (6027.93-5896.69)/4=33 SLAB i,e 3.3%

Total DA will be 36.40+3.30= 39.70%

Please note that it is only tentative number of DA slabs assessed by everything banking news group for the quarter Nov'15 - Jan'16 based on assumptions of CPI as mentioned above.
On release of CPI data for the month of Aug'15 we will re-calculate the DA that would become payable for the period Nov'15 - Jan'16.


No comments:

Bank Unions Oppose PLI Scheme for Senior Bank Executives

AIBOC and AIBEA have written a letter to the DFS Secretary requesting him to review the recently introduced PLI Scheme for Senior Bank Execu...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">