Monday, December 3, 2012

How to calculate Dearness Allowance?

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How to calculate Dearness Allowance?

 New DA Calculation after Gazzetted Notification

Government has notified the revised DA calculation based on the AICPI 2001 series published by labourbureau.nic.in

REVISED DEARNESS ALLOWANCE CALCULATION BASED ON GAZZETTED NOTIFICATION OF SIXTH PAY COMMISSION

All India Consumer Price Index (General) for Industrial Workers (Base 1982=100) Year Jan Feb. March April May June July Aug. Sept. Oct. Nov. Dec. Average(Rounded) 2005, respectively 526, 525, 525, 529, 527, 529, 538, 540, 542, 548, 553, 550, 536* Note:* 536 is taken as a base as on 01.01.2006 for revised DA calculation.

It comes to 115.76 when converting in 2001 series after dividing by a linking factor of 4.63 in 1982 series, ( 536/4.63 = 115.76). this figure is given in Gazzeted notification All India Consumer Price Index (General) for Industrial Workers (Base 2001=100) published by labourbureau.nic.in.

Year Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec. Average(Rounded) 2006, 119, 119, 119, 120, 121, 123, 124, 124 125, 127, 127, 127, 123 2007, 127, 128, 127, 128, 129, 130, 132, 133, 133, 134, 134, 134, 130.75 2008, 134, 135, 137, 138, 139, 140, 143

Note : Read last three column of table given below as1 = 12 monthly average of

AICPI (IW) base year 2001=100 2 = %

DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.763 = % DA after rounded off Date 1.7.2006, 116, 116, 117, 118, 119, 119, 119, 119, 119, 120, 121, 123, 118.95, 2.76, 2% 1.1.2007, 119, 119, 119, 120, 121, 123, 124, 124, 125, 127, 127, 127, 123, 6.25, 6% 1.7.2007, 124, 124, 125, 127, 127, 127, 127, 128, 127, 128, 129, 130, 126.91, 9.63, 9% 1.1.2008, 127, 128, 127, 128, 129, 130, 132, 133, 133, 134, 134, 134, 130.75, 12.94, 12% 1.7.2008, 132 , 133, 133, 134, 134, 134, 134, 135, 137, 138, 139, 140, 135.25, 16.83, 16%

DA calculation as on 01.07.2006 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.07.2005 to 30.06.06 = 118.95% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (118.95 - 115.76)*100/115.76 = 2.76 %% DA after rounded off = 2 % effective from 01.07.2006

DA calculation as on 01.01.2007 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.01.2006 to 31.12.06 = 123% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (123 - 115.76)*100/115.76 = 6.25 %% DA after rounded off = 6 % effective from 01.01.2007

DA calculation as on 01.07.2007 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.07.2006 to 30.06.07 = 126.91% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (126.91 - 115.76)*100/115.76 = 9.63 %% DA after rounded off = 9 % effective from 01.07.2007

DA calculation as on 01.01.2008 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.01.2007 to 31.12.07 = 131% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (130.75 - 115.76)*100/115.76 = 12.94 %% DA after rounded off = 12 % effective from 01.01.2008

DA calculation as on 01.07.2007 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.07.2007 to 30.06.08 = 135.25% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (126.91 - 115.76)*100/115.76 = 16.83 %% DA after rounded off = 16 % effective from 01.07.2008

Date for %DAapplicable DA As on1.7.2006 = 2 %1.1.2007 = 6%1.7.2007 = 9%1.1.2008 = 12%1.7.2008 = 16%

Notes : 1.AICPI for industrial worker Base 2001 is available from Jan. 2006 onward only, therefore as recommended by pay commission back data from July 2005 to Dec 2005 is generated on 2001 series by carryingout back calculation on 1982 series ( by dividing linking factor 4.63) for calculating the 12 monthly average from July 2005 to June 2006 ( for applicable DA as on 01.07.2006

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