Expected DA slabs to Bank employees for the period of Nov to Jan 2015

Expected DA slabs to Bank employees for the period of Nov to Jan 2015

Projected DA From November 2014

Projected DA slabs 49 (7.35%) for Nov-14 to Jan-15

CPI for the month of August 2014 has been announced as 5774.95(253) on 30.09.2014. Earlier CPI for the month of July 2014 was announced as 5752.12(252).

The DA slabs payable for the period of Nov 2014 – Jan 2015 is based on the average increase of CPI for the month of July 2014 to September 2014. On assumptions of CPI data if it would remain same for the months of September 2014 as of August 2014 (i.e. 5774.95);

The expected (tentatively) increase in DA Slabs comes to 49 AND in terms of percentage the increase of DA is 7.35% for the month of Nov 2014 – Jan 2015.

Accordingly, the total 732 revised DA slabs i.e. 109.80% DA are expected (tentatively) would become payable for the period of Nov. 2014 – Jan 2015.

Please note that it is only tentative number of DA slabs assessed for the quarter Nov 2014 – Jan 2015 based on assumptions of CPI as mentioned above. The increase in DA slabs for the quarter Nov 2014 – Jan 2015 shall be recalculated on the basis of CPI data that would be announced at the end of Oct. 2014

Source: www.importantbankingnews2.blogspot.in