Gsoftnet

Expected Dearness Allowance 4% or 5% from January-2017

We all are well known about the AICPIN values from July-2016 to September-2016.  There are three months AICPIN values remains expected.  Let-us we assume if there is no change in the value of Sep-16 upto Dec-16, in that Condition, the Expected Dearness Allowance is stand with 4% and on the contrary if any changes like increases in the remaining months that condition 5% Expected Dearness allowance will be fixed from January-2017 for Central Government Employees and Pensiners who are getting salary as per 7th Pay Commission.

The 7th Central Pay Commission has given a brief recommendation on Dearness allowance calculation is that the present formulation of DA has worked well over the years, and there are no demands for its alteration, the Commission recommends continuance of the existing formula and methodology for calculating the Dearness Allowance.

Calculation of Dearness Allowance after 7th CPC:

DA Formula = (Average of AICPIN for last 12 months) – 261.42 x 100 / 261.42


0 comments:

Post a Comment