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Tuesday, July 2, 2024

Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB

Expected DA Calculator Updated on 30.06.2024 on announcements of CPI for the month of aPRIL 2024 as 139.40
On the basis of above CPI release at this stage we are providing calculations of expected DA on the following three assumption :-
  1. On assumptions that CPI would remain at least same as of APRIL 24 for the next two months i.e. MAY 24 & JUNE 24. In this situation on the basis of CPI of aPRIL 24 declared the expected (tentatively) increase in DA Slabs would come to 7 slabs and the total tentatively revised DA slabs would be 703 i.e. .16.38%.
  2. On assumptions that there would be an increase of one point in CPI data in next two months i.e for CPI of MAY 24 & JUNE 24. In this situation the expected (tentatively) increase in DA Slabs would come to 24 slabs and the total tentatively revised DA slabs would be 720 i.e. 17.37%.
  3. Keeping in view the recent fuel price HIGH in APRIL 24 in comparision to APRIL 24, we are forced to assume that if there may be an INCREASE  of .50 POINT in CPI for the month ofmAY 24 and no change in CPI for the month of Dec'18. In this situation the expected (tentatively) decrease in DA Slabs would come to 13 slabs. Accordingly, the total tentatively revised DA slabs would may be 709 i.e. 16.70%)
The Expected DA Calculator is updated on the basis of above assumtions. This website do not claim that its calculation of expected DA slabs would may become payable as full and final.

1 comment:

Anonymous said...

May 24 cpi nor released in scheduled date.Maybe now it will going to be a custom.

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