CPI for the months of October & November 2012 is already out at 217 & 218 points respectively. If for the month of December 2012 there is slight increase of 1 point to CPI at 219, the probable DA would be 80.25%, thereby an increase of 3.75% in the projected Dearness Allowance payable for the months of February, March, April 2013 to Bank employees in India who opted for IBA pattern DA.
JK Bank
Now that my calculation about DA for the months of Feb, Mar and April 2013 for Bankers are dot accurate.
ReplyDelete