BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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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*********

Wednesday, May 31, 2017

Expected DA increase 20 slab for the Month of Aug'17 to Oct'17 for banker

Now, today i.e. on 31.05.2017, CPI for the month May'17 announced as 6322.77.
We are providing calculations of expected DA on the basis of three assumption as under :
  1. As on 30.4.2017 figure was 6277.12.last quater average was 6261.91. now today's figure  6322.77 So difference is 6322.77-6261.91=60.86 i.e 15 slab already increase 
  2. On assumptions that there would be increase of one point in CPI data in both the remaining months. In this situation the expected (tentatively) increase in DA Slabs would come to 20 slabs.(on this assumption the total tentatively revised DA slabs would be 476 i.e. 47.60%)

The Expected DA Calculator is updated on the basis of above assumtions, we think that that more clear position to calculate the expected DA would become available on release CPI data for the month of May'17 on 30.06.2017. This websi i. e do not claim that its calculation of expected DA slabs would may become payable as full and fina

On release of CPI data for the month of May'17 on 30.06.2017 we will re-calculate the tentative number of DA slabs that may would become payable for the period Aug'17 to Oct'17.

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