Expected DA Calculator from January 2024 for Central Government Employees
The term “Expected DA” refers to the projected percentage of growth in Dearness Allowance for the upcoming installment, applicable to both Central Government employees and pensioners in India.
The episode titled ‘Expected Dearness Allowance from July 2023’ has concluded, and we are now moving on to the next segment, ‘Expected DA from January 2023‘. Calculating the Dearness Allowance is a straightforward process, and we have obtained the All India Consumer Price Index data for a span of six months. In light of this, we are pleased to present an easy-to-use online tool called the ‘Expected DA Calculating Tool’ specifically designed for the month of January 2024. By entering the anticipated AICPIN, users can determine the projected percentage of Dearness Allowance for the period from January to June 2024.
DA Calculator for 1st January 2024
How to Calculate DA from Jan 2024?
To determine the Dearness Allowance (DA) for January 2024, it is necessary to follow the calculation method recommended by the 7th Pay Commission. Specifically, the DA for January 2024 is computed based on the average of the All India Consumer Price Index Numbers (AICPIN) from January 2023 to December 2023, which spans a duration of 12 months. However, it is important to note that the data for December 2023 will only be available on January 31, 2024. Therefore, the precise calculation of the DA percentage for January 2024 can only be determined once this data is released.
What will be DA from Jan 2024?
There is a greater likelihood that the percentage of Dearness Allowance will reach the 50% threshold starting from January 2024. Should the trend of the All India Consumer Price Index Numbers (AICPIN) indicate an increase of at least one point from the previous level, the Dearness Allowance will reach the 50% mark in January 2024.
DA Payable Months from January to June 2024
|Payable Month||DA||Payable Month||DA|
|January 2023 DA||42%||January 2024 DA||?|
|February 2023 DA||42%||February 2024 DA||?|
|March 2023 DA||42%||March 2024 DA||?|
|April 2023 DA||42%||April 2024 DA||?|
|May 2023 DA||42%||May 2024 DA||?|
|June 2023 DA||42%||June 2024 DA||?|