Friday, January 30, 2015

Bank D.A. for the next quarter (February to April'15)

JUST 2 SLABS INCREASE IN DA PAYABLE TO BANK WORKMEN/OFFICERS FOR NEXT QUARTER
FEB to APRIL 2015
The AICPIN (IW) Base 2001=100, for the month of December ’14, has been released by  Labour Bureau Govt of India, to day, which stood at 253 point which was static from last August 14.
As such, the confirmed All India average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) are as follows:
Months     CPI (Base 2001=100)         CPI (Base1960=100)
October                          253                 5774.95
November                      253                 5774.95
December’14.                253                 5774.95
The average CPI as above, is 5774.Therefore the DA payable to Bank Workmen/Officers for the quarter February ’15 to April’15 will show an increase of 2 slabs at 110.10 %(From existing 109.80%)
Hefty hike for pensioners
As such the average CPI as above is 5774.Therefore the DA payable to Bank Pensioners for the next half year ie: February ’15 to July’15, will show an increase of 51 slabs.

While projecting the likely DA for next quarter, earlier we have mentioned  the hike in DA would be nominal from Feb onwards.
 Kindly note that this is only for information and  official circular from IBA in this regard  will be expected to be issued shortly.
Details of Calculation:
      Average CPI      as above                          5774
Less Merged Point in 9th BPS                 2836
Slabs                                                           2938
Increase in slabs(New slab 734-Old 732)     2
DA %      ( 734 x 0.15)                              110.10 %
Courtesy Mr Mohan P. 

No comments :

Contact Us

Viewers may share any information with the administrator in this email shyamali00@gmail.com
Any news, if approved, may be published in this blog under his /her name.

.................RECENT HEADLINES

Related Posts with Thumbnails

Blog Archive

Bookmark This Page

Bookmark and Share
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.