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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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