Calculation of Expected DA payable from November 2020 for Bankers
Expected DA For Bankers from November 2020 - Some good news for bankers as CPI for August is declared and it is also in increasing trend , it is expected that DA will hike by 4% in the 4th quarter that is from November 2020 to Jan 2021.
Watch complete video for expected calculation. Exact calculation will be shown after declaration of September CPI figures.
On the basis of 10th Bipartite Settlement : 0.10% per slab over 4440 points
Average CPI =
| 4 Points = 1 Slab | |
| 0.10% PER SLAB DA AS PER 10TH BIPARTITE SETTLEMENT | |
| EXPECTED DA FOR NOV 2020 TO JAN 2021 | |
On the basis of 11th Bipartite Settlement :0.07% per slab over 6352 points (As per Mou 22/07/2020)
| 4 Points = 1 Slab | |
| 0.10% PER SLAB DA AS PER 10TH BIPARTITE SETTLEMENT | |
| EXPECTED DA FOR NOV 2020 TO JAN 2021 | |
DA Calculation
| S No | Quarter | Average CPI |
| 1 | Quarter 1 = Feb , march , April | Oct, Nov , Dec |
| 2 | Quarter 2 = May , June , July | Jan , Feb , March |
| 3 | Quarter 3 = Aug , Sept, Oct | April , May , June |
| 4 | Quarter 4 = Nov, Dec , Jan | July, Aug , Sept |
Previous DA increase trend as per 10th Bipartite
| DA for May to July |
| 76.1% |
| DA for Aug-Oct 2020 |
| 77.5% |
| Expected DA for Nov2020-Jan 2021 |
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