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Monday, July 31, 2017

DA FOR BANKER FROM AUGUST 2017 INCREASE 22 SLAB i.e 2.20% see details

Today i.e. on 31.07.2017, Government announced Consumer Price Index (CPI) data for the month of June'17. On the basis of CPI data announced by the Govt for the month of Apr'17 to June'17, as tabled below, there is an increase of 22 DA Slabs payable for the period of Aug'17 to Oct'17.
The total number of DA slabs and in terms of percentage the Dearness Allowance (DA) payable is as under :-
DA Payable on Revised Pay:- - The percentage of increase in DA is 2.20% for the month of Aug'17 to Oct'17 and total revised DA slabs is 478 Slabs and total percentage of DA payable on Revised Pay is 42.80%

CPI for the Quarter


Diiference   6353.21-6261.91=91.3

so DA  SLAB - 91.3/4 = 22.82      

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