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Friday, June 29, 2012

Expected DA from July, 2012 now confirmed to be 72% - Increase in DA will be 7%

As already mentioned and calculated in our previous post that Dearness Allowance from July-2012 will be 72% now confirmed in view of All India Consumer Price Index Number
[http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for the month of May, 2012 increased by 1 points and stood at 206 (Two hundred & six).  Now it is absolutely confirmed that expectation DA from July-2012 will not change from 72%.  If AICPIN of June, 2012 will fluctuate from 203 (decrease by 3) to 215 (increase by 9), rate Dearness Allowance from July, 2012 will computed at 72%.

First Expectation in condition AICPIN will decreased by 3: 

It is presumed that AICPIN will decreased upto 3 i.e. 203 for  June 2012:

Expected Dearness Allowance DA for July, 2012 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76


Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA announced or will be announced
Aug-11
194
2234
186.17
60.82%
65%
Sep-11
197
2252
187.67
62.12%
Oct-11
198
2269
189.08
63.34%
Nov-11
199
2286
190.50
64.56%
Dec-11
197
2298
191.50
65.43%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
206
2376
198.00
71.04%
Jun-12
203
2390
199.17
72.05%
Jul-12
Expected DA from Jul-2012



Second Expectation in condition AICPIN will increased by 9: 

It is presumed that AICPIN will increased maximum by 9 (no chance) i.e. 215 for June 2012:

Expected Dearness Allowance DA for July, 2012 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76

Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA announced or will be announced
Aug-11
194
2234
186.17
60.82%
65%
Sep-11
197
2252
187.67
62.12%
Oct-11
198
2269
189.08
63.34%
Nov-11
199
2286
190.50
64.56%
Dec-11
197
2298
191.50
65.43%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
206
2376
198.00
71.04%
Jun-12
215
2403
200.25
72.99%
Jul-12
Expected DA from Jul-2012

Now it is clear that Expected DA will be 72% means 7% increase in Dearness allowance from July-2012.  Therefore you may calculate your arrears of DA for three months (July, August & September) after increasing your salary by increment in July, 2012.  

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Give your valuable comments.

11 comments:

  1. Nice and unique article on Expected DA from July 2012.

    ReplyDelete
  2. THE DA % IS ON THE EXPECTED LINES- 7 %. THANKS FOR CALCULATION INFORMATION.

    ReplyDelete
  3. thanks for infromation about expected DA% calculation

    ReplyDelete
  4. Very useful chart of DA. Expected DA 7% is not sufficient, it should be 10% minimum.

    ReplyDelete
  5. As per the price rise in the retail market the expected DA 7% is insufficient. It should be minimum 10%

    ReplyDelete
  6. As per the rise in the retail market price DA of 7% is not good for middle class economy. It should be 15% minimum.

    ReplyDelete
  7. great effort to prepare the DA chart
    it would be more useful if you could add DA calculator also
    Rajesh

    ReplyDelete
  8. While I appreciae giving 7%DA increase as prise index why the Govt. is taking action for merging 50% DA on basic pay on the basis of recommendation of 6th Pay commission report.
    S.Perumal
    (Retired employee)

    ReplyDelete
  9. it should be 14 percent minimum

    ReplyDelete

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