DA & Linking Factor – What’s expected? - DA Announcement and linking factor explored. As you all know that DA is calculated based on AICPIN. AICPIN is calculated based on the inflation and the cost of living in various cities. So, what’s going to happen in 7th Pay Commission, let’s read. In Pay Commission III, the base year was used as (1960 =100). In 4th Pay Commission, … [Read more...] about DA & Linking Factor – What’s expected?
Expected DA from July 2016
The All-India CPI-IW for June, 2016 increased by 2 points and pegged at 277 (two hundred and seventy seven). On 1-month percentage change, it increased by (+) 0.73 per cent between May, 2016 and June, 2016 when compared with the increase of (+) 1.16 per cent between the same two months a year ago. calculate the DA for 01/07/2016, we find that the average AICPI in the year … [Read more...] about Expected DA Calculator from July 2016 updated on 30/07/2016
AICPIN for month of June 2016 No. 5/1/2016- CPI GOVERNMENT OF INDIA MINISTRY OF LABOUR & EMPLOYMENT LABOUR BUREAU 'CLEREMONT', SHIMLA-171004 DATED: 29th July, 2016 Press Release Consumer Price Index for Industrial Workers (CPI-IW) — June, 2016 The All-India CPI-IW for June, 2016 increased by 2 points and pegged at 277 (two hundred and seventy seven). On 1-month … [Read more...] about AICPIN for month of June 2016
7th CPC Dearness Allowance Calculating Formula Dearness Allowance: Sl.No Recommendation of the seventh Central Pay Commission Decision of the Government 1 Existing formula and methodology for calculating Dearness Allowance to continue (Para 8.17.37 of the Report) Accepted. The reference base for calculation of Dearness Allowance after coming into force of … [Read more...] about 7th CPC Dearness Allowance Calculation Formula
DA is the most important allowance in existing Pay, if you look at the current basic DA is higher. 7th CPC Basic fixation has biggest influenced with the DA value. For this reason, after 7th Pay commission implementation, Central government staffs are looking out for how DA would be available. In 6th CPC, everyone know how DA was calculated In the above formula 115.76 was … [Read more...] about 7th CPC Expected DA Calculator from July 2016