Bank DA Calculation from May 2018

Bank DA Calculation from May 2018

The All India Consumer Price Index for the month of March 2018 has been released by Labour Bureau yesterday. The index remained unchanged at the point of 287.

M/YJan-2018Feb-2018Mar-2018
CPI288287287
Conversion6573.866551.036551.03
Average6558.64
Minus 44402118.64
Divided by 4530.00
DA %53.00%

 Dearness Allowance for workmen and officer employees in banks

Payable for the YearPayable for the monthsAverage CPINo. of slabs% of pay
2018May, June, July 2018655853053.0
2018February, March April 2018655152752.7
2017November, December 2017, January 2018650551651.6
2017August September October 2017635347847.8
2017May June July 2017626145645.6
2017February March April 2017631546946.9
2016-17November, December 2016, January 2017635347847.8
2016August, September, October 2016626145545.5
2016May, June, July 2016611742042.0
2016February, March, April 2016614742642.6

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