Saturday, May 31, 2014

Likely D.A. from July 2014 for central employees

Based on the AICPIN index for April 2014 (increase of 3 points) it can be assumed that central employees are likely to be awarded with a 7% increase in Dearness Allowance from 1st July 2014. The index number of May and June 2014 (yet to be published) will definitely come into play for the actual calculation. Even if the trend of April'14 continues (3 points increase in next two months), the D.A. will be still 7%. Even 1 point increase in the next two months will also take the total D.A. payable as 107%. In the worst scenario, no increase or even decrease in the next two months (which is a bit unlikely at this point of time) may take the D.A. @6% only.
So taking all probabilities in mind, we predict a 7% increase of D.A. w.e.f 01.07.2014

No comments :

Contact Us

Viewers may share any information with the administrator in this email
Any news, if approved, may be published in this blog under his /her name.
Related Posts with Thumbnails

Blog Archive

Bookmark This Page

Bookmark and Share
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "" and I will remove it immediately on demand. All the other standard disclaimers also apply.