Tuesday, July 2, 2019

Easy 7 Steps to calculate additional DA

DA Calculation Table: Easy 7 Steps to calculate additional DA
One of the most attractive allowance for Central Government employees and also Pensioners (Dearness Relief)
Dearness allowance is one of the important allowance for all Central and State Government employees. Once in a six months, the Dearness allowance percentage will increase according to the Consumer Price Index. The calculation of Dearness allowance is very simple, but we have the statistics of CPI(IW) for six months from January to June and July to December.
For the calculation of additional Dearness allowance from July 2019, we have 6 months of AICPIN from January to June 2019. Yesterday Labour Bureau released the index for the month of May 2019. And we need one more month of CPI to calculate exact percentage of Dearness allowance.
How to calculate Dearness Allowance: Easy 7 steps to better understand the calculation of Dearness Allowance
A = Month & Year
B = AICPIN (CPI IW BY 2001=100)
C = Total of 12 Months
D = Average of 12 Months Total
E = Increased Over 261.42
F = Approximate DA Percentage
G = DA Percentage
ABCDEFG
Jan-193073557296.420.1313.3913
Feb-193073577298.080.1414.0214
Mar-193093599299.920.1514.7314
Apr-193123623301.920.1515.4915
May-193143648304.000.1616.2916
Jun-19314*3671305.920.1717.0217
*314 is expected AICPIN for June 2019