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Deposits Schemes- Rates

Dearness Allowance and salary from August 2022.

Dearness Allowance payable from August 2022 to October 2022 to Bank Employees.
Serial No:.
col 1
Year / Month.
col 2
CPI-IW Index(Base 2016=100)
col 3
CPI-IW Index(Base 1960=100)
col 4
(multiply col 3 by 2.88*4.63*4.93 )
ie (col 3 *2.88*4.63*4.93 )
1.
April 2022127.78394.82
2.
May 20221298480.28
3.
june 2022129.28493.43
4.
Average Index for the Quarter:(8394.82+8480.28+8493.43)/3)8456.18
5.
Average Index over 6352 points-(DA upto 6352 points merged with Pay):(8456.18-6352)2104.18
6.
Slabs upto which DA already paid as per previous quarter472
7.
CPI Index upto which DA already paid(472*4+6352)8240
8.
Change in CPI Index for current quarter:Sl No 4- Sl No 7( (8456.18 less 8240)216.18
9.
Increase/decrease in slabs for current quarter(216.18/4-decimals ignored,4 points per slab)54
10.
Number of Slabs for DA for current quarter Sl No 6 + Sl No 9:(472 +54)526
11.
D A Percentage(0.07 percent per slab:526*0.07) 36.82 percent

D A Chart from August 2022 to October 2022 Bank Officers, Clerks and Sub staff
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Labour Department Month wise Index Numbers.