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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*********

Saturday, December 30, 2017

Expected DA for FEB 18 to APR 18 for Banker is minimum 14 point and maximum 19 point

Expected DA for Feb'18 to Apr'18 - Updated on 29.12.2017 on announcements of CPI for the month of Nov'17


Now,  . on 29.12.2017, CPI for the month Nov'17 announced as 6573.86
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 as of Nov'17 for the next next month i.e. for Dec'17. In this situation the expected (tentatively) increase in DA Slabs would come to 16 slabs.(on this assumption the total tentatively revised DA slabs would be 532 i.e. 53.20%)
  2. On assumptions that there would be increase of one point in CPI data in next month. In this situation the expected (tentatively) increase in DA Slabs would come to 17 slabs.(on this assumption the total tentatively revised DA slabs would be 533 i.e. 53.30%)
  3. Keeping in view the recent fuel price hike we assume that there be may an increase of two points in Dec'17, In this situation the expected (tentatively) increase in DA Slabs would come to 19 slabs.(on this assumption the total tentatively revised DA slabs would be 535 i.e. 53.50%)
  4. On assumptions  that if fuel and other essential commodities price decreases then  DA will be 14 point
  5. The Expected DA Calculator is updated on the basis of above assumtions. Final DA calculation will be published in this blog on 31.01.2018 after receive CPI data for the month of DEC 2017

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