Probable DA from NOV-2016 for Banker May be 28 slab

Probable DA from NOV-2016 for Banker May be 28 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 declared                             6345.60

September 2016 probable                     6390.50

          Avergae of Three =                        6375.78

Average of last quarter(Apr to June)     6261.90

Difference  of two                            113.85 /4= 28 slab   

Now, today i.e. on 30.09.2016, CPI for the month August'16 announced as 6345.60 On assumptions that CPI slighltly vary   for the next one month month i.e.  Sep'16, in that situation the expected (tentatively) increase in DA Slabs comes to 28 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 2.8% for the month of Nov'16 - Jan'17. The total tentatively revised DA slabs would be 483 on assumptions as above for this period and total percentage of DA payable would be 48.30%