NEW DA FROM FEB 2016 WILL BE 43% for bank employee
Now, 30.11.2015, CPI for the month OCT '15 announced as6140.18. On assumptions that CPI data would slightly increase for the next TWO months also i.e. for NOV'15 & DEC 15 in that situation the expected (tentatively) increase in DA Slabs comes to 32 slabs for the month of FEB'16 - APR'16, the expected DA payable in terms of percentage is as under :-
CPI for the Quarter
| July’15 263 (6003.21) August 264 (6026.04) September 266 (6071.69) |
Average CPI for the Quarter April -June 2015 as above = 6033.64
FOR OCTOBER 269 6140.18
NOVEMBER 270 6163.01
DECEMBER 271 6185.84
Average CPI for the QuarterOCT TO DECEMBER 2015 as above =6163.01.
NEW DA FROM FEB 2016 WILL BE (6163.01-6033.64)/4=32 SLAB i,e 3.2%
Total DA will be 39.80+3.20= 43%
Please note that it is only tentative number of DA slabs assessed by everything banking news group for the quarter FEB 16 - APR 16 based on assumptions of CPI as mentioned above.
On release of CPI data for the month of DEC 15 we will re-calculate the DA that would become payable for the period FEB 16- APR 16
