Bank DA Calculation Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/bank-da-calculation/ All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more. Sat, 04 May 2019 15:34:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://centralgovernmentnews.com/wp-content/uploads/2019/02/cropped-central-government-employees-news-32x32.png Bank DA Calculation Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/bank-da-calculation/ 32 32 IBA Orders on DA : Increase in DA Slabs of 34 – 64.50 % May to July 2019 https://centralgovernmentnews.com/iba-orders-on-da-increase-in-da-slabs-of-34-64-50-may-to-july-2019/ https://centralgovernmentnews.com/iba-orders-on-da-increase-in-da-slabs-of-34-64-50-may-to-july-2019/#respond Sat, 04 May 2019 15:34:30 +0000 https://centralgovernmentnews.com/?p=24290 IBA Orders on DA : Increase in DA Slabs of 34 – 64.50 % May to July 2019 Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2019 under X BPS/ Joint Note dated 25.5.2015 Indian Banks’ Association HR & Industrial RelationsNo.CIR/HR&IR/76/D/2019-20/7217 May 2, 2019 All Members […]

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Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2019 under X BPS/ Joint Note dated 25.5.2015 Indian Banks’ Association


HR & Industrial Relations
No.CIR/HR&IR/76/D/2019-20/7217

May 2, 2019

All Members of the Association
(Designated Officers)

Dear Sir/Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2019 under X BPS/Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=140} for the quarter ended March 2019 are as follows:-

January 2019 – 7007.55

February 2019 – 7007.55

March 2019 – 7053.20

The average CPI of the above is 7023 and accordingly the number of DA slabs are 645 (7023-4440= 2583/4= 645 Slabs) The last quarterly Payment of DA was at 611 Slabs. Hence there is an increase in DA slabs of 34, i.e 645 Slabs for payment of DA for the quarter May. June & July, 2019

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of May, June & July, 2019 shall be 64.50 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,
sd/-
S K Kakkar
Senior Advisor (HR&IR)

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]]> https://centralgovernmentnews.com/iba-orders-on-da-increase-in-da-slabs-of-34-64-50-may-to-july-2019/feed/ 0 Bank DA Expected to Go Up with 65 Slabs https://centralgovernmentnews.com/bank-da-expected-to-go-up-with-65-slabs/ https://centralgovernmentnews.com/bank-da-expected-to-go-up-with-65-slabs/#respond Wed, 03 Oct 2018 02:16:03 +0000 http://centralgovernmentnews.com/?p=22515 Bank DA Expected to Go Up with 65 Slabs All India Consumer Price Index Numbers for the month of August 2018 has been published by the Labour Bureau last week. The index stands constant at the same level of 301. Last month the AICPIN was unexpected 10 points hike and stood at 301. Continuing the […]

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]]> Bank DA Expected to Go Up with 65 Slabs

All India Consumer Price Index Numbers for the month of August 2018 has been published by the Labour Bureau last week. The index stands constant at the same level of 301.

Last month the AICPIN was unexpected 10 points hike and stood at 301. Continuing the trend will follow for next month also..

We expect the Bank Dearness Allowance may go up with 65 Slabs for next quarter from November 2018 to January 2019.

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]]> https://centralgovernmentnews.com/bank-da-expected-to-go-up-with-65-slabs/feed/ 0 Bank DA Calculation from May 2018 https://centralgovernmentnews.com/bank-da-calculation-from-may-2018/ https://centralgovernmentnews.com/bank-da-calculation-from-may-2018/#respond Tue, 01 May 2018 05:53:22 +0000 http://centralgovernmentnews.com/?p=21279 Bank DA Calculation from May 2018 The All India Consumer Price Index for the month of March 2018 has been released by Labour Bureau yesterday. The index remained unchanged at the point of 287. M/Y Jan-2018 Feb-2018 Mar-2018 CPI 288 287 287 Conversion 6573.86 6551.03 6551.03 Average – – 6558.64 Minus 4440 – – 2118.64 […]

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Bank DA Calculation from May 2018

The All India Consumer Price Index for the month of March 2018 has been released by Labour Bureau yesterday. The index remained unchanged at the point of 287.

M/Y Jan-2018 Feb-2018 Mar-2018
CPI 288 287 287
Conversion 6573.86 6551.03 6551.03
Average – – 6558.64
Minus 4440 – – 2118.64
Divided by 4 – – 530.00
DA % – – 53.00%

 Dearness Allowance for workmen and officer employees in banks

Payable for the Year Payable for the months Average CPI No. of slabs % of pay
2018 May, June, July 2018 6558 530 53.0
2018 February, March April 2018 6551 527 52.7
2017 November, December 2017, January 2018 6505 516 51.6
2017 August September October 2017 6353 478 47.8
2017 May June July 2017 6261 456 45.6
2017 February March April 2017 6315 469 46.9
2016-17 November, December 2016, January 2017 6353 478 47.8
2016 August, September, October 2016 6261 455 45.5
2016 May, June, July 2016 6117 420 42.0
2016 February, March, April 2016 6147 426 42.6

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