Tuesday, February 1, 2011

DA eligibility with effect from 1st Jan-2011

Press Information Bureau (PIB) has announced the All India Consumer Price Index for Industrial Workers (CPI-IW) on base 2001=100 for the month of  December, 2010 increased by 3 points and stood at 185
As a result, we can calculate the Dearness Allowance applicable to Central Government Employees with effect from Jan-2011.

How to calculate DA with effect from Jan-2011?

DA w.e.f Jan-2011=(Avg of AICPI from Jan 10 to Dec 10 – 115.76)*100/115.76
So, we can expect that the existing Dearness Allowance Rate of 45% will increase to 51% from 1st January 2011, which is an increase of 6%.

 

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