HOW TO CALCULATE DEARNESS ALLOWANCE |
3. Chennai – 159
HOW TO CALCULATE DEARNESS ALLOWANCE DA Calculation based on AIl India Consumer Price Index Numbers published by Labour Bureau, Govt. of India.
Basis of Dearness Allowance:-
(i) The twelve monthly average price index above 536/115.76 Points is determined twice in a year for the period ending December and June.
(ii) The percentage increase is taken in whole number only and the fraction ignored.
(iii) Neutralization will be 100% uniformly for all employees.
Calculation of Dearness Allowance (a) Dearness Allowance is paid on the Basic Pay as defined in FR 9(21)(a)(i)+NPA, if any (Personal Pay, Special Pay, etc., not included). (b) Fractions of 50 paisa and above to be rounded off to the next higher rupee and less than 50 paisa ignored. (c) For part of a month, rate of Dearness Allowance to be applied on the rate of pay+NPA and then Dearness Allowance for the number of days calculated.
(d) In the case of daily-rated worker, monthly pay reckoned at 26 times his basic daily wages. Hence for part of a month, calculation of Dearness
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Hi sir !!
The fire is burning prices so this is little bit. I want to say calculated DA should be paid upto 3 points of decimals. it effects min Rs100/- (boz of salaries hike )
thanks !!