Morque

COC ZINDABAD CONFEDERATION ZINDABAD WORKERS UNITY ZINDABAD UNITY IS STRENGTH

Search This Blog

Wednesday, August 3, 2016

DA with effect from 1st July 2016


As the 7th Pay commission recommendations will be implemented with effect from 1.1.2016, the AICPIN average of 2015 will be the Base Index for calculation of DA for 7th Pay Commission


So formula for Calculation of DA in 7th Pay Commission is
= (12 months Average of AICPIN -261.4) divided by  261.4  multiply by   100 
         = [ (263+264+266+269+270+269+269+267+
268+271+275+277)/12]-(261.4)X100/261.4 = = 2.91 %


Since 7th Pay Commission  (New Formula)
Month
All India Index
% of Increase
Jan-16
269
0.48
Feb-16
267
0.93
Mar-16
268
1.38
Apr-16
271
1.86
May-16
275
2.4
Jun-16
277
2.91




No comments: