Thursday, March 21, 2013

Dearness Allowance will be 80% w.e.f. January 2013 - 8 % increase in D.A. Expected

Friends,

The Central Government, State Government and any other Illegible Employee of Maharashtra State had already enjoying 72% Dearness allowance from 01.07.2012. It is growth of 7% i.e. from 65% to 72% and all employee of India watching about how much Dearness Allowance will going to increase from 01.01.2013.  Last time we calculated D.A. from .01.01.2013 is 10% but on the contrary the Dearness Allowance will be Increased by 8% w.e.f. 01.01.2013 i.e. 80% on the ground of current CPI of  AICPI for Industrial workers. 

How to determine Dearness Allowance from 01.01.2013 ?

Due to recently increased Diesel price and On the basis of upcoming higher price of index and excepted AICPI by the world market position, the assume consideration is as follows: 


Month
Base Year 2001 = 100
Total of 12 Months
Twelve Monthly Average
% increase over 115.76 for   DA
DA announced or will be announced
Dec-11
197
2298
191.50
65.43%
65%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
206
2376
198.00
71.04%
Jun-12
208
2395
199.58
72.41%
Jul-12
212
2414
201.17
73.78%
Aug-12
213
2433
202.75
75.15%
80%
Sep-12
214
2450
204.17
76.37%
Oct-12
215
2467
205.58
77.59%
Nov-12
216
2484
207.00
78.82%
Dec-12
217
2504
208.67
80.26%
Jan-13
Expected D.A. from January, 2013
Formula for Calculation of DA from 01.01.2013:

Dearness allowance = (208.67-115.76)*100/115.76= 80.26%
After ignore fraction = 80%

By the above projected calculation it is most expected Dearness Allowance rated to be increased by 8% w.e.f. 01.2013 it means that Dearness Allowance reaches 80%.

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