Sunday, July 1, 2012

Central D.A. is heading towards 7% again from 1st July'12

With the announcement of AICPIN number for the month of May'12 as 206 (increase of 1 point) by the Labour Dept., it is obvious that Central D.A. is going to be hiked @7% again with effect from 1st July 2012. There is still one months' (June'12) number is yet to be announced , which is needed for final calculation but in can be predicted that D.A. is going to be hiked by 7% taking it to a overall 72%.

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