Thursday, August 1, 2013

DEARNESS ALLOWANCE (DA) JULY 2013= 90%?



All central government employees are very eager to know about DA July 2013.Because DA is the most important allowance to maintain extra expenses in their day to day life. Recent days living a normal life is very difficult.  Prices of all essential commodities are going high. So Dearness Allowance is the only remedy for CG Employees to fight against price rise.

Any how DA is calculated complete based on arithmetical  calculation. AICPIN released by Labour bureau is required  to calculate DA.L abour bureau already released the data for January, February, March, April, May and June that is 221,223,224,226,228,231 respectively.

The formula for calculating DA is

DEARNESS ALLOWANCE=(avg of AICPIN for past 12 months-115.76)*100/115.76

DEARNESS ALLLOWANCE
JULY 2013 IS 90%

 
MONTH
 AICPIN
 AVG 12 MONTHS
%DA 
  JANUARY
 221
 211.15
 82
  FEBRUARY
 223
 213.25
 84
  MARCH
 224
 215.17
 85
  APRIL
 226
 216.92
 87
  MAY
 228
 218.75
 88
  JUNE
 231
 220.42
 90 Expected

The official announcement by the Government for eligible DA JULY 2013 may be expected in third week of SEPTEMBER 2013