March 31, 2016

Expected DA Slabs for the month of May'16 to July'16 - updated on 31.03.16 on announcements of Consumer Price Index for the month of Feb'16

Expected DA Slabs for the month of May'16 to July'16 - updated on 31.03.16 on announcements of Consumer Price Index for the month of Feb'16 as under

Today i.e. on 31.03.2016, CPI for the month Feb'16 announced as 6094.51. Earlier on 29.02.2016 CPI data for the month of Jan'16 announced as 6140.17. On assumptions that CPI data would remain as avergae of Jan & Feb 2016 for the next month Mar'16 in that situation the expected (tentatively) change in DA Slabs comes to decrease of 7 slabs for the month of May'16 - Jul'16, the expected DA payable in terms of percentage is as under : (However if we assume that CPI would remain sam as on Feb'16 in that situation the tentatively decrease is of 9 DA slabs, the expected DA calculator is revised on expectation of reduction of 7 slabs on assumption of average CPI of Jan & FEb for the month of March'16 )

( Reduction in expected DA raises a question in every one's mind that which item they find becomed cheaper. Are these the "achhe din" for Bankers and "achhe din" for pensioners by reduction in Interest rates on depsosits. )