July 22, 2015

DA for Bank Employees DA FOR AUGUST 2015

CPI (IW) for May 2015 released.  Its an increase of 2 points again.  Index is at  258.  Waiting for final month.   Even if  258 is continued for next month we will have an increase of 21 slabs or 2.1% of our new basic + Special pay as increase.  In case of old salaries it will be an increase of  3.15%.

Old basic of P O ( 14500 )  DA increase would be  Rs.456/-

New basic of P O ( 23700+1836 ) DA increase is Rs. 536/-