DA from July 2020: DA increase 3% Confirm and 4% Possible!

Dearness Allowance (DA) from July 2020: 3% increase in DA confirms at this stage and it is possible to hike by 4% also!


If the AICPIN (All India Consumer Price Index) will increase by 2 points in two months of May and June 2020, the percentage of Dearness allowance may not touch 25%. See the DA Calculation table is given below:

Month
Year
CPI (IW)
BY 2001=100
12 Months
Total
12 Months
Average
Increased
Over 261.42
Approximate DA%
Jan 2020 330 3832 319.33 0.22 22.15
Feb 2020 328 3853 321.08 0.23 22.82
Mar 2020 326 3870 322.50 0.23 23.36
Apr 2020 329 3887 323.92 0.24 23.91
May 2020 331 3904 325.33 0.24 24.45
Jun 2020 333 3921 326.75 0.25 24.99
DA form July 2020 will be 24%
If the AICPIN will increase by 3 points in the balance months of May and June 2020, the DA percentage may touch the 25% mark.
Month
Year
CPI (IW)
BY 2001=100
12 Months
Total
12 Months
Average
Increased
Over 261.42
Approximate DA%
Jan 2020 330 3832 319.33 0.22 22.15
Feb 2020 328 3853 321.08 0.23 22.82
Mar 2020 326 3870 322.50 0.23 23.36
Apr 2020 329 3887 323.92 0.24 23.91
May 2020 332 3905 325.42 0.24 24.48
Jun 2020 335 3924 327.00 0.25 25.09
DA form July 2020 will be 25%

Updates:

Follow us on WhatsApp, Telegram Channel, Twitter and Facebook for all latest updates

Post a Comment

Previous Post Next Post

Most Visited

Follow us on WhatsApp, Telegram Channel, Twitter and Facebook for all latest updates

Search Content of www.potools.blogspot.com @