Formula for calculating the DA Rates as follow :
Dearness Allowance = (Avg of AICPI for the past 12 months) - 261.4)*100/261.4
Now as Per Above Formula the DA w.e.f. 01-01-2016 is as follow :
DA as on 01-01-2016 = 261.4 - 261.4)*100/261.4 = 0 %
The AICPI data for Month of Jan. 2017 to May, 2017 are available. Now you can calculate expected DA Rate w.e.f. 01-07-2017 by filling expected AICPI for the Month of June, 2017.
Now as Per Above Formula the DA w.e.f. 01-01-2016 is as follow :
DA as on 01-01-2016 = 261.4 - 261.4)*100/261.4 = 0 %
The AICPI data for Month of Jan. 2017 to May, 2017 are available. Now you can calculate expected DA Rate w.e.f. 01-07-2017 by filling expected AICPI for the Month of June, 2017.
All India Consumer Price Index(IW) DATA
0 Comments:
Speak up your mind
Tell us what you're thinking... !