AICPIN Points for the month of September to be released today

AICPIN Points for the month of September to be released today

“2015 September’s All Inida Consumer Price Index Points for the purpose of Dearness Allowance calculation to be released today”

The last ‘Expected DA from Jan 2016’ calculations based on the 6th Pay Commission recommendations for Central Government employees and pensioners are already started. The fluctuation in the prices of essential commodities will be taken into account for this calculations. The september’s points of CPI for Industrial Workders base year 2001=100 for the calculation of additional DA and DR is expected to be released today. Already Labour Bureau released the statistics points of AIPCIN for the months of July and August. And today the third step is going to be completed.

The additional dearness allowance percentage from January 2016 will be calculated based on the AICPIN points of the six months starting from July 2015, up to December 2015. The dearness allowance to be issued in the month of January 2016 will be added to the salary drawn by the employee based on the recommendations of the 6th Pay Commission. Only after this will the recommendations of the 7th Pay Commission take effect.

Source: 90paisa.org