Thursday, 5 May 2016

DA for Bank Employees – 6 Slabs less from May, 2016

AIBEA published a circular regarding Dearness Allowance after the announcement of CPI(IW) index for the month of March 2016 made by Labour Bureau.
Dearness Allowance – 6 Slabs less from May, 2016
CPI Month20011960Consumer Price IndexD.A. Slabs
Jan-162696140.17Average Points6117.34New Slabs420
Feb-162676094.52Last Average6144.00Old Slabs426
Mar-162686117.34Decrease26.66Decrease6
D.A. Rates @ 0.10% per slab for 420 Slabs over 4440 points for all cadre/stages: 42.00%
Note: D.A. and Increase shown here includes Basic Pay and Special Allowance
D.A. Rates for Pensioners (%) – No change
Source: www.aibea.in