Thursday, 15 September 2011

Dearness Allowance will be 7% from July 2011

In India, compensation for inflation (D.A) of the salary of a person. Provision for inflation is calculated as a percentage of base salary. This amount will then rent the basic salary with allowance for the house to pay for all inclusive. Prices vary according to rural / urban areas etc.

It is very early to the Old predicted for July 2011 at that time, we are inundated with requests in this regard. It can be done by the Elder based on the arithmetic of All India CPI (IW) (Base 2001 = 100) completed the data for all six months are needed to calculate the rate of DA payable.
The International Labour Office published the figure in January, February and March of 188, 185 and 185 respectively.
We still know the figures for April, May and June If we assume that it holds {cureent level for the next 3 months} no increase or decrease in number, which is D. A by 7% in July 2011.
Reminded again that it is only a hypothesis, the correct number each time the data is downloaded.
Update on 31/05/11. Min of Labour and Employment, GOI has released the figures at the moment. Depending on the number of consumers in India All price index for industrial workers (CPI-IW) on base 2001 = 100 for the month of April 2011 increased by 1 point and stood at 186 DA will only 7% if the first two months, the same trend, ie 185 or 186 show.

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