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Saturday, November 28, 2020

Expected DA for Banker from Feb 2021

Expected DA Calculation Updated on 27.10.2020 on the basis of CPI for the month of Oct'20 announced on 27.11.20 as 7715.15 (increase of 1.50 points in CPI) & available CPI data for the month of Oct'20

  1. On assumptions if there is an increase of 1.50 points of CPI for the month of Nov'20 and Dec'20, keeping in view of recent huge rise in prices of potato, onion etc. In this situation the expected (tentatively) increase in DA Slabs would be 61 slabs and the total tentatively revised DA slabs would be 879 slabs i.e. 87.90% on existing pay and in terms of 11BPS total tentatively revised DA slabs would be 401 i.e. 28.07%.
  2. On assumptions if there is an increase of one points of CPI for the month of Nov'20 and Dec'20. In this situation the expected (tentatively) increase in DA Slabs would 52 slabs and the total tentatively revised DA slabs would be 870 slabs i.e. 87.00% on existing pay and in terms of 11BPS total tentatively revised DA slabs would be 392 i.e. 27.44%.
  3. On assumptions if there is an increase of 0.50 points of CPI for the month of Nov'20 and Dec'20. In this situation the expected (tentatively) increase in DA Slabs would 44 slabs and the total tentatively revised DA slabs would be 862 slabs i.e. 86.20% on existing pay and in terms of 11BPS total tentatively revised DA slabs would be 384 i.e. 26.88%.
  4. . If CPI remains same for next 2 months then DA w.e.f. 01.02.2021 will be increased to 26.3% from Present 23.8%.

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