DA for Bank Employees – 6 Slabs less from May, 2016

DA for Bank Employees – 6 Slabs less from May, 2016

Dearness Allowance – 6 Slabs less from May, 2016

AIBEA published a circular regarding Dearness Allowance after the announcement of CPI(IW) index for the month of March 2016 made by Labour Bureau.

Dearness Allowance – 6 Slabs less from May, 2016

CPI Month	2001	1960	Consumer Price Index		D.A. Slabs
Jan-16	269	6140.17	Average Points	6117.34	New Slabs	420
Feb-16	267	6094.52	Last Average	6144.00	Old Slabs	426
Mar-16	268	6117.34	Decrease	26.66	Decrease	6

D.A. Rates @ 0.10% per slab for 420 Slabs over 4440 points for all cadre/stages: 42.00%

Note: D.A. and Increase shown here includes Basic Pay and Special Allowance

D.A. Rates for Pensioners (%) – No change

Source: www.aibea.in