Friday, July 29, 2016

D.A. bulletin for Bank and Central Govt. employees

Consumer Price Index (Industrial Workers) Base 2001=100 is released by labour bureau. The index rose by by two points and stood at 277 points for the month of June 2016.
Based on the consumer index of June 2016, following hike in D.A is calculated.
35 SLABS INCREASE IN DA PAYABLE TO BANK WORKMEN/OFFICERS from 1stAug’16 to31st Oct’16. 

 DA payable to Bank pensioners will go up by 29 Slabs in next Half Year w.e.f.August’16 to31st January'17.
(Thanks to Mr Mohan P. for calculation)

Central Govt. employees to get D.A. @2% with effect from 1st July 2016 on revised basic pay as per 7th CPC.

Due date of Income Tax return filing extended upto 5th August 2016.    Click here to view details

3 comments :

S.Lakshman Rao said...

Orders of implementation is not clear in respect of pensioners.

Anonymous said...

DA payable to Bank pensioners will go up by 29 Slabs in next Half Year w.e.f.August’16 to 31st January'17.

There was a drop/ minus of six slab in bank DA in May-2016 qtr which was not effected to bank pensioners. So they will get 35-6=29 slabs. However DA rate for Aug-16 is same for employees and pensioners in bank.

chandan said...

DA payable to Bank pensioners will go up by 29 Slabs in next Half Year w.e.f.August’16 to 31st January'17.

There was a drop/ minus of six slab in bank DA in May-2016 qtr which was not effected to bank pensioners. So they will get 35-6=29 slabs. However DA rate for Aug-16 is same for employees and pensioners in bank.

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