New rate of Dearness Allowance
Mahesh
(Querist) 15 April 2009
This query is : Resolved
Can any help me for new formula of dearness allowance calculation both the noticfication gov.of India
Kamal sodhi
(Expert) 20 May 2009
DA DUE FROM JANUARY 2009
Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08
134 135 137 138 139 140 143 145 146 148 148 148
DA calculation as on 01.01.2009 :
12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.01.2008 to 31.12.08 = 141.715
% DA calculation = (Avg AICPI base 2001 - 116)*100/116
= (141.715 - 116)*100/116 = 22.16 %
% DA after rounded off = 22 % effective from 01.01.2009