probable DA from NOV-2016 for Banker May be 40 slab

CPI for the Quarter

Apr 2016	6185.82
May 2016	6277.12
Jun 2016	6322.77

Average CPI for the Quarter Apr - Jun 2016 as above = 6261.90

Average CPI for the Last Quarter (Jan - Mar 2016) = 6117

Cpi for next quarter

July-2016   declared                                 6391.25

August 2016 probable                             6421.25

September 2016 probable                       6456.25

          Avergae of Three =                         6422.91

Average of last quarter(Apr to June)     6261.90

Difference  of two                            160.20 /4= 40 slab   

Now, today i.e. on 31.08.2016, CPI for the month July'16 announced as 6391.25 On assumptions that CPI slighltly vary   for the next two month i.e. Aug'16 & Sep'16, in that situation the expected (tentatively) increase in DA Slabs comes to 40 slabs for the month of Nov'16 - Jan'17, the expected DA payable in terms of percentage is as under :-

Calculate Expected DA payable:- The tentative percentage of increase in DA is 4% for the month of Nov'16 - Jan'17. The total tentatively revised DA slabs would be 495 on assumptions as above for this period and total percentage of DA payable would be 49.50%

On release of CPI data for the month of Aug'16 we will re-calculate the tentative number of DA slabs that may would become payable for the period Nov'16 - Jan'17.

Petrol price was today raised by Rs 3.38 per litre while diesel rate was increased by Rs 2.67 per litre. Revised rates will take effect from midnight. Which will effected in every commodities. So Da may be increases more than our projection.  Aug-16 data will be available on 29^th September after that we will more accurately projected DA data please wait one month more.