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Wednesday, July 31, 2013

DEARNESS ALLOWANCE (DA) JULY 2013= 90%?

All central government employees are very eager to know about DA July 2013.Because DA is the most important allowance to maintain extra expenses in their day to day life.Recent days living a normal life is very difficult.Prices of all essential commodities are going high.So Dearness Allowance is the only remedy for CG Employees to fight against price rise.

Any how DA is calculated complete based on arithmatical  calculation.AICPIN released by Labour bureau is required  to calculate DA.Labour bureau already released the data for January,February,March,April,May and June that is 221,223,224,226,228,231 respectively.

The formula for calculating da is

DEARNESS ALLOWANCE=(avg of AICPIN for past 12 months-115.76)*100/115.76

DEARNESS ALLLOWANCE JULY 2013 IS 90%

MONTH  AICPIN  AVG 12 MONTHS %DA 
  JANUARY  221  211.15  82
  FEBRUARY  223  213.25  84
  MARCH  224  215.17  85
  APRIL  226  216.92  87
  MAY  228  218.75  88
  JUNE  231  220.42  90 Expected

The official announcement by the Government for eligible DA JULY 2013 may be expected in SEPTEMBER THIRD WEEK 2013.

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