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*********

Monday, December 31, 2018

Expected DA from Feb'19 to Apr'19 for banker

Expected DA for Feb'19 to Apr'19

Expected DA Calculator Updated on 31.12.2018 on announcements of CPI for the month of Nov'18 as 6893.42



On the basis of CPI for Oct'18 & Nov'18 we are providing calculations of expected DA on the following three assumptions:-
  1. On assumptions that CPI would remain at least same as of Nov'18 for Dec'18. In this situation on the basis of CPI of Oct'18 and Nov'18 declared the expected (tentatively) increase in DA Slabs would come to 6 slabs and the total tentatively revised DA slabs would be 613 i.e. 61.30%.
  2. On assumptions that there would be an increase of one point in CPI data in next Dec'18. In this situation the expected (tentatively) increase in DA Slabs would come to 8 slabs and the total tentatively revised DA slabs would be 615 i.e. 61.50%.
  3. Keeping in view the recent fuel price cut in Nov'18 and Dec'18 in comparision to Oct'18, we are forced to assume that if there may be an decrease of one points in CPI for the month of Dec'18. In this situation the expected (tentatively) increase in DA Slabs would come to 4 slabs. Accordingly, the total tentatively revised DA slabs would may be 611 i.e. 61.10% and in case there if CPI index declines by two points in that situation the tentative increase will be of 3 slabs. However the expected DA calculator is updated with 611 slabs in third assumption.)

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