Sunday 2 November 2014

Bank DA Calculation for Nov 2014 – Hike of 49 Slabs

Bank DA Calculation for Nov 2014 – Hike of 49 Slabs

Bank D.A. for Nov’14 onward : Hike of 49 slabs.

Consequent upon the release of All India Consumer Price Index Numbers for Industrial workers(AICPIN) Base Year 2001=100 for the month of September’14. by the Ministry of Labour and Employment to day,which stood at 253 points without any change while compared to August figure,the confirmed average AICPIN(IW) Base 1960=100 for the quarter will be as follows:




Month
CPI Base 2001=100
Base 1960=100
Jul
252
5752.13
Aug
253
5774.95
Sept
253
5774.95
Total

17302.03
Average

5767.34
Less merged points (9th BPS)

2836


2931.34
Slabs
732.84
732
Old slab

683
Increase

49
New DA %

109.80 %

Source: http://paycommissionupdate.blogspot.in/2014/10/bank-da-for-nov14-onward-hike-of-49.html

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