Dearness Allowance (DA) for bank employees is calculated every quarter using the All-India Consumer Price Index (AICPI) published by the Ministry of Labour, Government of India. Under the 12th Bipartite Settlement, the formula is: DA% = Quarterly average AICPI (Base 2016=100) − 123.03, where 123.03 is the link point agreed Read more…
Increase in Dearness Allowance for Bank Employees for November 2016 to January 2017 is 2.30%. [See Actual DA for November 2016 to February 2017 to see scale wise Chart of DA and calculations] 📈 DA Calculator for Bank Employees — 12th BPS Enter your Basic Pay, Special Allowance, PQP and other Read more…
See: Expected DA for February 2017 to April 2017 Increase in Dearness Allowance for Bank Employees for November 2016 to January 2017 is 2.30%. [See Actual DA for November 2016 to February 2017 to see scale wise Chart of DA and calculations] This article was updated on 31.08.2017 📈 DA Read more…
Based on the CPI for last quarter, DA for the bank employees will incrase by 3.50% (35 slabs) Revised DA will be @ 45.50%, for the months of August 2016 to October 2016, which was 42% for the month of May to July 2016. Scalewise and slabwise details of existing/ revised Read more…