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Thursday, January 3, 2013

DA EXPECTED 8 % FROM 2013

AICPI – IW (All India Consumer price Index for industrial workers with the base as 2001=100) for the month of November 2012 has been issued by Government.

All India consumer price index AICPI-IW for the period from January 2012 to November 2012
MonthAICPI-IW
Jan 2012198
Feb 2012199
Mar 2012201
Apr 2012205
May 2012206
Jun 2012208
Jul 2012212
Aug 2012214
Sep 2012215
Oct 2012217
Nov 2012218
Dec 2012Will be released in the last week of January 2012

Estimated Dearness Allowance with effect from January 2013


From the table above, you can assume that , if there is no change in AICPI-IW for December 2012 i.e it is pegged at 218, then Expected DA from January 2013 will be 80%. 
DA will remain to be at 80% for change in AICPI for December 2012 up to 221. If AICPI(IW) for December 2012 touches 222, then expected DA with effect from January 2013 will be 81%

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