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Friday, March 3, 2017

Expected DA for the Month of May'17 to Jul'17 bad news for banker may be decrease 10 to 19 slab

Now, today i.e. on 28.02.2017, CPI for the month Jan'17 announced as 6254.30.
We are providing calculations of expected DA on the basis of three assumption as under :-
  1. On assumptions that CPI would remain at least same for the next two months - Feb'17 and Mar '17. In this situation the expected (tentatively) decrease in DA Slabs would come to 15 slabs.(on this assumption the total tentatively revised DA slabs would be 454 i.e. 45.40%)
  2. On assumptions that there would be inrease of one point in CPI data in both the remaining months. In this situation the expected (tentatively) decrease in DA Slabs would come to 10 slabs.(on this assumption the total tentatively revised DA slabs would be 459 i.e. 45.90%)
  3. Keeping in view of the movement of CPI data as realeased in the last quarter, it also can be assumed there may be decrease in CPI data of one point in rest of the both months. In this situation the expected (tentatively) decrease in DA Slabs would come to 19 slabs.(on this assumption the total tentatively revised DA slabs would be 450 i.e. 45.00%)

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