Show Mobile Navigation
DA Calculation
Showing posts with label DA Calculation. Show all posts
Showing posts with label DA Calculation. Show all posts

Saturday, 29 June 2019

5% DA increase from July 2019 confirmed for Central Government Employees. 12% becomes 17% due to high inflation

Babloo - 00:31:00
5% DA increase from July 2019 confirmed for Central Government Employees. 12% becomes 17% due to high inflation

AICPIN May 2019 Two Points Increase - Expected DA Fixed at Next Level

All India Consumer Price Index for the month of May 2019 has been released by the Labour Bureau on 28th of this month and the CPI(IW) index has jumped to 314 by adding of two points, due to the pressure from Food Group index. At item level, Wheat Atta, Arhar Dal, Groundnut Oil, Poultry (Chicken), Milk Buffallo, Chillies Green, Garlic, Ginger, Onion, Banana, Brinjal, Carrot, French Bean, Green Coriander Leaves, Lemon, Potato, Tomato, Electricity Charges, Medicine­ Allopathic, etc. are responsible for the increase in index.

Out of 6 months of AICPIN needs to calculate the Dearness allowance and Dearness relief, we received 5 months statistics only. The 5th month i.e. May 2019 index is increased 2 points is remarkable. Along with the increase, the percentage of additional dearness allowance from july 2019 is kept in next level.

MONTHAICPINDA%
Jan-1930713.39
Feb-19 30714.02
Mar-1930914.73
Apr-1931215.49
May-1931416.29
Jun-19314 (Expected)17.02 (Expected)

After 7th Pay Commission implementation, this is the highest percentage in additional allowance for Central Government employees, Civil and Defence Pensioners and Family Pensioners.

5% of additional Dearness Allowance and Dearness Relief may increase from July 2019 to all central civil and defence pensioners and family pensioners with minimum amount of Rs.450 per month.

7th CPC Dearness Allowance Rates 

Date from which payableDA %
1st July 201917% (Expected)
1st Jan 201912%
1st July 20189%
1st Jan 20187%
1st July 20175%
1st Jan 20174%
1st July 20162%
1st Jan 2016

Friday, 30 September 2016

DA Calculation with AICPIN: Labour Bureau released Index for August 2016

Babloo - 19:21:00
DA Calculation with AICPIN: Labour Bureau released Index for August 2016

Consumer Price Index Numbers for Industrial Workers on Base 2001=100

CPI(IW) Base 2001=100 Monthly Index Letter : August 2016

Month / Year CPI(IW)
JANUARY 2016 269
FEBRUARY 2016 267
MARCH 2016 268
APRIL 2016 271
MAY 2016 275
JUNE 2016 277
JULY 2016 280
AUGUST 2016 278

The All India CPI-IW for August, 2016 decreased by 2 points and pegged at 278 (two hundred and seventy eight). On 1 month percentage change, it decreased by (-) 0.71 per cent between July, 2016 and August, 2016 when compared with the increase of (+) 0.38 per cent between the same two months a year ago.

Authority: http://labourbureau.nic.in/

Wednesday, 23 March 2016

Cabinet approved 6% DA and DR for Central Govt Employees and Pensioners due from 1.1.2016

Babloo - 09:35:00
Cabinet approved 6% DA and DR for Central Govt Employees and Pensioners due from 1.1.2016
Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016

DA-DR-Central-Government-Employees-Pensioners

Press Information Bureau
Government of India
23-March, 2016
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.01.2016. This represents an increase of 6 percent over the existing rate of 119 percent of the Basic Pay/Pension, to compensate for price rise.

This will benefit about 50 lakh Government employees and 58 lakh pensioners.

The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission (CPC). The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of Rs. 6796.50 crore per annum and Rs.7929.24 crore respectively, in the financial year 2016-17 (for a period of 14 months from January, 2016 to February, 2017).

PIB
Previous
Editor's Choice