Showing posts with label Bank Staff. Show all posts
Showing posts with label Bank Staff. Show all posts

Friday, April 21, 2017

Expected DA from May 2017 for Bank Employees

Expected DA for Bank Staff from May 2017

Expected DA from May 2017 for Bank Employees

Expected Calculation of Dearness Allowance as per 10th Bipartite Settlement.

Expected DA from May 2017 to July 2017 : We need three months All India Consumer Price Index data to find out  the actual increasing in DA percentage. But, at present we have two months data only. The predicted calculation given below that the CPI(IW)BY 2001=100 increasing one or two points and decreasing one or two points:

Payable for the YearPayable for the monthsAverage CPINo. of slabs% of pay
2017May June July???
2017Feb Mar Apr631546946.9 
2016-17Nov Dec Jan635347847.8 

AICPIN at 272 for the month of March 2017
Jan-172746254.30
Feb-172746254.30
Mar-172726208.646239.0845045.0-19.0

AICPIN at 273 for the month of March 2017
Jan-172746254.30
Feb-172746254.30
Mar-172736231.476246.6945245.2-17.1

AICPIN at 274 for the month of March 2017
Jan-172746254.30
Feb-172746254.30
Mar-172746254.306254.3045445.4-15.2

AICPIN at 275 for the month of March 2017
Jan-172746254.30
Feb-172746254.30
Mar-172756277.126261.9145545.5-13.3

AICPIN at 276 for the month of March 2017
Jan-172746254.30
Feb-172746254.30
Mar-172766299.956269.5145745.7-11.4

Wednesday, July 2, 2014

Dearness Allowance for Bank Employees – Likely to increase 29 Slabs or more

Dearness Allowance for Bank Employees – Likely to increase 29 Slabs or more
Likely Bank D.A. from August 2014
Labour Bureau,Ministry of Labour and Employment,Govt.of India, has released All India Consumer Price Index Numbers for Industrial Workers ,Base 2001=100 for the month of May’14,today which stood at 244 points with an increase of 2 points while compared to April figure. ( There was a decrease of 16 slabs during last quarter )

Based on the confirmed AICPIN for April and May and assuming that index number for June may continued on same level , in tune with present inflationary trend , the DA for Bank Employees/Officers for Aug, Sept & Oct may likely to show an increase of 29 slabs Or more as per details furnished here under:

Base Year 2001=100 1960=100
APRIL (confirmed) 242 5523.87
MAY( do) 244 5569.50
JUNE (Expected) 244 5569.52

Average index 5554
Less merged index(9thBPS) 2836
Slabs 2718/4 679
Increase (679-old 650) 29 slabs
@ 0.15% 101.85 % ( from existing 97.50% )

If AICPIN increase with one or two points there may have further increase in DA for next quarter.This is only assumption.

Kindly note that actual increase/decrease in DA can be arrived only on release of AICPIN for June in next month by Ministry.

Submitted by Mohan.P

Source : http://paycommissionupdate.blogspot.in/

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