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Rate of DA is depends upon the AICPI INDEX released by the Labour Ministry every month. DA calculator is based on the above said data. The AICPI INDEX NO. is given below w.e.f Jan. 2022 to Jan. 2023.
From the month of Sept., 2020, Government replaced the CPI base Year 2001=100 with New price Index with Base Year 2016=100.
Base Year 2016=100 Base Year 2001=100
Now as per Government's Press Release, the New Price Index as per the New Base Year 2016=100 in September 2016 is 118. To convert New series index to old Series with base year 2001=100 multiplying factor is 2.88.
Conversion of New CPI(IW) index into New CPI(IW) index
Base Year 2016=100 Base Year 2001=100
January, 2022 = 125.1 360 (125.1 x 2.88)
February, 2022 = 125.0 360 (125.0 x 2.88)
March, 2022 = 126 363 (126 x 2.88)
April, 2022 = 127.7 368 (127.7 x 2.88)
May, 2022 = 129 372 (129 x 2.88)
June, 2022 = 129.2 372 (129.2 x 2.88)
July, 2022 = 129.9 374(129.9 x 2.88)
August, 2022 = 130.2 375 (130.2 x 2.88)
Sept., 2022 = 131.3 378 (131.3 x 2.88)
Oct., 2022 = 132.5 382 (132.5 x 2.88)
Nov., 2022 = 132.5 382 (132.5 x 2.88)
Dec., 2022 = 132.3 381 (132.3 x 2.88)
NEW DA CALCULATOR
Now the Labour Bureau has issued the AICIP VALUE upto MONTH OF December, 2022. Now As per the Formula explained above the Rate of DA is 42% w.e.f. Jan, 2023, order in this effect will be soon released by the Finance Ministry. Calculate the Rate of DA w.e.f from Jan. 2018 by Yourself.
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