Expected Bank DA from November 2018 to January 2019
CPI (IW) BY 2001=100 for September 2018 = 301
After releasing the All India Consumer Price Index(IW) for the month of September 2018, Dearness Allowance payable to Bank Staff and Officers for next quarter from 1st November 2018 to 31st January 2019 almost decided to increase 607 Slabs.
The calculation worked out as per 10th BPS and given below for your information…
M/Y
|
JUL-2018
|
AUG-2018
|
SEP-2018
|
CPI(IW) BY2001=100
|
301
|
301
|
301
|
Conversion
|
6870.60
|
6870.60
|
6870.60
|
Slabs
|
—
|
—
|
607
|
DA %
|
—
|
—
|
60.7%
|
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