Sunday, August 1, 2010

DA (DEARNESS ALLOWANCE) CALCULATION BASED ON ALL INDIA CONSUMER PRICE INDEX NUMBER FOR INDUSTRIAL WORKERS (AICPIN).

DA CALCULATION BASED ON THE CONSUMER PRICE INDEX FOR INDUSTRIAL WORKERS IN THE MONTH OF  JULY 2010 (174)























MonthAll India Index% of increase
Nov-0814821.44
Dec-0814722.38
Jan-0914823.39
Feb-0914824.32
Mar-0914825.12
Apr-0915025.98
May-0915126.84
Jun-0915327.78
Jul-0916029
Aug-0916230.23
Sep-0916331.45
Oct-0916532.67
Nov-0916834.11
Dec-0916935.7
Jan-1017237.43
Feb-1017039.01
Mar-1017040.59
Apr-1017042.03
May-1017243.54
Jun-1017445%
SIMPLE RULE FOR CALCULATION


How to calculate % of increase ?


Here is the simple rule for calculate increase percentage for AICPIN
=> DA = (Average of AICPIN for the past 12 months – 115.76)*100/115.76
AS PER THE CALCULATION  JULY 2010 DA LIKELY TO  BE   10%.SO NEW DEARNESS ALLOWANCE OF JULY 2010 IS 35%+10% =45%
So there is a chance to get 45% Dearness allowance from 1st July 2010 onwards

THIS IS JUST A WAY TO CALCULATE DA.WAIT FOR THE  ANNOUNCEMENT BY CENTRAL GOVERNMENT.(CG EMPLOYEES  PORTAL)












Date
From which Payable
Rate (%)Increase (%)
1st Jan 200600
1st Jul 200622
1st Jan 200764
1st Jul 200793
1st Jan 2008123
1st Jul 2008164
1st Jan 2009226
1st Jul 2009275
1st Jan 2010358
1st Jul 2010                                     10%

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