Month: January 2017

SBI releases Rs 3,323 crore to Defence Pensioners under 7th Pay Commission

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SBI RELEASES FUND TO DEFENCE PENSIONERS UNDER 7TH PAY COMMISSION SBI releases Rs 3,323 crore to Defence Pensioners under 7th Pay Commission SBI in a statement said that as per government guidelines, arrears have been paid to all eligible defence pensioners. State Bank of India (SBI) on Friday said it has released arrears to the … Read more

DR Calculation Sheet

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DR Calculation Sheet 2016 Since 7th Pay Commission  (New Formula) Month All India Index % of Increase Jan-16 269 0.48 Feb-16 267 0.93 Mar-16 268 1.38 Apr-16 271 1.86 May-16 275 2.40 Jun-16 277 2.91 Jul-16 280 3.45 Aug-16 278 3.90 Sep-16 277 4.25 Oct-16 278 4.53 Nov-16 277 4.76 Presently Dearness Allowance for January 2017 is … Read more