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Sunday, May 1, 2016

Dearness Allowance decrease of .70% for Bankers from May 2016 to July 2016

Now CPI for all the three months has been announced for relevant months and the same is as follows:-


MonthCPI
January 20166140.17
February 20166094.52
  March 20166117.34


Based on the above calculations the  revised  DA is to be @ 41.90%, for the months of  May, 2016 to July 2016.   [The DA for February 2016 to April 2016 was  42.60%] i.e. decrease  of  0.70%. (decrease of slabs)  We give below the DA for May 2016 onwards vis a vis existing DA, alongwith  the decrease in DA at various levels of scales [Remember now DA is payable on Special Allowance also as basic in the xth BPS was increased by only 2% ]:-

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EXPECTED DA FOR BANK EMPLOYEE FROM MAY 2026

Expected DA Calculation Updated on 30.03.26 on the basis of CPI for the month of Feb'26 with the assumptions of Mar'26. The CPI for ...

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