WebMar 31, 2024 · After declaration of AICPIN-IW for January, February and March 2024, the DA hike for Bank employees or Bankers from 1st May 2024 will be known to us for 11th and … WebJul 14, 2024 · Now, the Government has decided to increase the Dearness Allowance to Central Government employees and Dearness Relief to pensioners with effect from 01.07.2024 to 28% representing an increase of ...
Expected Dearness Allowance(DA) for Bankers from May 2024
WebJan 3, 2016 · After 2006, the formula for calculating dearness allowance has changed and currently, DA is calculated as follows: For Central Government employees: Dearness Allowance % = ( (Average of AICPI (Base Year - 2001=100) for the past 12 months -115.76)/115.76) *100. For Central public sector employees: Dearness Allowance % = ( … WebJul 31, 2024 · DA for bank employees increased by around 1.40% for the quarter August 2024 to October 2024. CPI data for the month of June 2024 has been released today, which has increased from 330 in May 2024 to 332 i.e., an increase of 2 points. DA Chart for Officer Staff from August 2024: DA Chart for how fast is hdd
Bank Employees/Officers DA (Dearness) Payable & Expected DA …
WebAug 2, 2024 · Hence, there is a increase of 30 slabs of DA i.e. 397 -367 Slabs for payment of DA for the months August, September and October 2024. Accordingly, in terms of clause 7 of the 11th Bipartite Settlement dated 11.11.2024 and clause 3 of the Joint Note dated 11.11.2024, the rate of Dearness Allowance payable to Workmen and Officer employees … WebBank employees and officers receive a Dearness Allowance that is calculated a bit differently compared to Central Government employees and pensioners. While the latter group receives additional DA every six months, bank employees receive revised DA every three months. Bank DA Chart 2006. Dearness Relief Table for Bank Pensioners. WebFeb 1, 2024 · The average CPI of the above is 8239.24 and accordingly the number of DA slabs are 471 (8239 – 6352= 1887/4= 471 Slabs). The last quarterly Payment of DA was at 434 Slabs. Hence, there is an increase in DA slabs of 37 i.e. 471 Slabs for payment of DA for the quarter February, March and April 2024. Also Check: Expected DA Calculator for Bank ... how fast is henry ruggs mph