Expected DA for Bank Employees from May 2018 to July 2018

Expected DA for Bank Employees from May 2018 to July 2018 – Working of percentage of rise wise / Slab wise DA calculations

Model workings of DA calculations

Government released AICPIN value until Feb 2018, now it is not possible to conclude the DA Slab for Bank Employees from May 2018, but we can predict with the March 2018 AICPIN assumption value. Check three examples below

Incase AICPIN increased by 1 point in March 2018 i.e. 288, DA Slabs will be 531 slabs from May 2018 :

MAY 2018 – JULY 2018

MONTH

AICPIN

AVG CPI

SLABS

PERCENTAGE

Jan-18

288

6574

2134

531

53.1

Feb-18

287

6551

2111

Mar-18

288

6574

2134

Incase AICPIN increased by 2 point in March 2018 i.e. 289, DA Slabs will be 533 slabs from May 2018 :

MAY 2018 – JULY 2018

MONTH

AICPIN

AVG CPI

SLABS

PERCENTAGE

Jan-18

288

6574

2134

533

53.3

Feb-18

287

6551

2111

Mar-18

289

6597

2157

Incase AICPIN increased by 3 point in March 2018 i.e. 290, DA Slabs will be 535 slabs from May 2018 :

MAY 2018 – JULY 2018

MONTH

AICPIN

AVG CPI

SLABS

PERCENTAGE

Jan-18

288

6574

2134

535

53.5

Feb-18

287

6551

2111

Mar-18

290

6620

2180

This is only the assumption, we have to wait until end of April 2018 to finalize the DA Slabs for Bank Employees.

Source : igecorner

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