Tuesday, 3 May 2016

DA for Bank Employees – 6 Slabs less from May, 2016

DA for Bank Employees – 6 Slabs less from May, 2016

Dearness Allowance – 6 Slabs less from May, 2016

AIBEA published a circular regarding Dearness Allowance after the announcement of CPI(IW) index for the month of March 2016 made by Labour Bureau.

Dearness Allowance – 6 Slabs less from May, 2016

CPI Month 2001 1960 Consumer Price Index D.A. Slabs
Jan-16 269 6140.17 Average Points 6117.34 New Slabs 420
Feb-16 267 6094.52 Last Average 6144.00 Old Slabs 426
Mar-16 268 6117.34 Decrease 26.66 Decrease 6

D.A. Rates @ 0.10% per slab for 420 Slabs over 4440 points for all cadre/stages: 42.00%

Note: D.A. and Increase shown here includes Basic Pay and Special Allowance

D.A. Rates for Pensioners (%) – No change

Source: www.aibea.in

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