DA for bank employees from the next quarter February 2019 to April 2019 is expected to increase by 6 slabs i.e., increase of 0.60%.
DA slabs for the next quarter, February 2018 to April 2019 will be 613 i.e., 61.30%.
Consumer Price Index (CPI) for the month of October 2018 has increased by 1 point to 302 (from 301 for the month of September). Assuming that CPI remains same for November and December 2018, increase in DA for bankers will be 0.60%.
For the current quarter of November 2018 to January 2019 DA for bankers had increased by 6.60%. There was increase of 1.20% for the quarter Aug to Oct 18.
On the assumption that CPI for the month of November 2018 and December 2018 increase by 1 points each, DA will increase by 1.20%.
We’ll update the update about Expected Dearness Allowance for February 2019 to April 2019, next month on the release of CPI data for the month of November 2018.
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