Bank DA Calculation from May 2018
The All India Consumer Price Index for the month of March 2018 has been released by Labour Bureau yesterday. The index remained unchanged at the point of 287.
|
M/Y
|
Jan-2018
|
Feb-2018
|
Mar-2018
|
|
CPI
|
288
|
287
|
287
|
|
Conversion
|
6573.86
|
6551.03
|
6551.03
|
|
No. of slabs
|
516
|
527
|
529
|
|
DA %
|
51.6
|
52.7
|
52.9
|
|
Payable for the Year
|
Payable for the
months |
Average CPI
|
No. of slabs
|
% of pay
|
|
2018
|
May, June, July 2018
|
6558
|
530
|
53.0
|
|
2018
|
February, March
April 2018 |
6551
|
527
|
52.7
|
|
2017
|
November, December
2017, January 2018 |
6505
|
516
|
51.6
|
|
2017
|
August September
October 2017 |
6353
|
478
|
47.8
|
|
2017
|
May June
July 2017 |
6261
|
456
|
45.6
|
|
2017
|
February March
April 2017 |
6315
|
469
|
46.9
|
|
2016-17
|
November, December
2016, January 2017 |
6353
|
478
|
47.8
|
|
2016
|
August, September,
October 2016 |
6261
|
455
|
45.5
|
|
2016
|
May, June,
July 2016 |
6117
|
420
|
42.0
|
|
2016
|
February, March,
April 2016 |
6147
|
426
|
42.6
|
Expected Bank DA from August 2018 Calculator