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Monday, August 31, 2020

Expected DA for Banker from November 2020 as per CPI data as 31.08.2020

Expected DA Calculation Updated on 31.08.2020 on the basis of CPI for the months of July'20 announced on 31.08.20 as 7669.50 (increase of FOUR points) with assumptions of CPI for the month of Aug'20 & Sep'20 as under:-

  1. On assumptions if there is an increase of three points of CPI in the month of Aug'20 & Sep'20, keeping in view of recent inflation due to COVID 19 and increase in fuel prices. In this situation the expected (tentatively) increase in DA Slabs would be 49 slabs and the total tentatively revised DA slabs would be 824 i.e. 82.40%.
  2. On assumptions if there is an increase of two points in CPI in the month of Aug'20 & Sep'20. In this situation the expected (tentatively) increase in DA Slabs would come to 44 slabs and the total tentatively revised DA slabs would be 819 i.e. 81.90%.
  3. On assumptions if there an increase of one point in CPI in next both months. in this situation the expected (tentatively) increase in DA Slabs would come to 38 slabs and the total tentatively revised DA slabs would be 813 i.e. 81.30%.
  4. On assumptions if this figure remains stationery  next both months. in this situation the expected (tentatively) increase in DA Slabs would come to 32 slabs and the total tentatively revised DA slabs would be 807 i.e. 80.70%.

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