DA for Bank Employees from August 2018

 Now, on 31.05.2018, CPI for the month of Apr'18 announced as 6573.86

We are regularly 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 Apr'18 for the next two months i.e. for May & Jun'18. In this situation the expected (tentatively) increase in DA Slabs would come to 4 slabs.(on this assumption the total tentatively revised DA slabs would be 533 i.e. 53.30%)
2. On assumptions that there would be an increase of one point in CPI data in next both months. In this situation the expected (tentatively) increase in DA Slabs would come to 10 slabs.(on this assumption the total tentatively revised DA slabs would be 539 i.e. 53.90%)
3. Keeping in view the recent fuel price hike we assume that if there may be an increase of two points in May'18 and one point in June '18 CPI data. In this situation the expected (tentatively) increase in DA Slabs would come to 14 slabs. On this assumption the total tentatively revised DA slabs would be 543 i.e. 54.30%)
We’ll   update about the expected Dearness Allowance for August 2018 to October 2018, next month on the release of CPI data for the month of May 2018.