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Thursday, July 2, 2020

EXPECTED DA FOR BANKER FROM AUGUST 2020 AS PER CPI DATA

Expected DA Calculation Updated on 30.06.2020 on the basis of CPI for the months of May'20 announced on 30.06.20 as 7532.54 (increase of one point) and CPI already announced for the month of Apr'20 with assumptions of CPI for the month of Jun'20 as under:-

  1. On assumptions if there is an increase of two point of CPI in the month of Jun'20, keeping in view of recent increase in fuel prices. In this situation the expected (tentatively) increase in DA Slabs would be 14 slabs and the total tentatively revised DA slabs would be 775 i.e. 77.5s0%.
  2. On assumptions if there is increase of three points in CPI in the month of Jun'20, keeping in view of recent increase in fuel prices. In this situation the expected (tentatively) increase in DA Slabs would come to 16 slabs and the total tentatively revised DA slabs would be 777 i.e. 77.70%.
  3. On assumptions if there is no change in CPI in next and remains same as of May'20 in this situation the expected (tentatively) increase in DA Slabs would come to 10 slabs and the total tentatively revised DA slabs would be 771 i.e. 77.70%.
  4. On assumptions if there is increase of one point in CPI in the month of Jun'20, keeping in view of recent increase in fuel prices. In this situation the expected (tentatively) increase in DA Slabs would come to 12 slabs and the total tentatively revised DA slabs would be 773 i.e. 77.30%.

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