Expected Dearness Allowance (DA) from July 2010 -> 10% ?
Today Labour Bureau, released AICPIN for the month of June 2010, we all are waiting for this index value for long time to calculate dearness allowance from July 2010 onwards.
The AICPIN for the month of June 2010 is 174
Month | All India Index | % of increase |
Nov-08 | 148 | 21.44 |
Dec-08 | 147 | 22.38 |
Jan-09 | 148 | 23.39 |
Feb-09 | 148 | 24.32 |
Mar-09 | 148 | 25.12 |
Apr-09 | 150 | 25.98 |
May-09 | 151 | 26.84 |
Jun-09 | 153 | 27.78 |
Jul-09 | 160 | 29 |
Aug-09 | 162 | 30.23 |
Sep-09 | 163 | 31.45 |
Oct-09 | 165 | 32.67 |
Nov-09 | 168 | 34.11 |
Dec-09 | 169 | 35.7 |
Jan-10 | 172 | 37.43 |
Feb-10 | 170 | 39.01 |
Mar-10 | 170 | 40.59 |
Apr-10 | 170 | 42.03 |
May-10 | 172 | 43.54 |
Jun-10 | 174 | 45.06 |
Based on AICPIN index, here we calculated DA percentage from 1st July 2010 onwards
As per index value, % of increase for June 2010 is 45.06, so it will be 45% dearness allowance from July 2010 onwards for central government employees.
How to calculate % of increase ? Here is the simple formula for calculate increase percentage for AICPIN => DA = (Average of AICPIN for the past 12 months – 115.76)*100/115.76 |
Last time Dearness Allowance is 35% and this time will be 45%, so there is a chance for 10% increase in DA from July 2010 onwards.
Date From which Payable | Rate (%) | Increase (%) |
1st Jan 2006 | 0 | 0 |
1st Jul 2006 | 2 | 2 |
1st Jan 2007 | 6 | 4 |
1st Jul 2007 | 9 | 3 |
1st Jan 2008 | 12 | 3 |
1st Jul 2008 | 16 | 4 |
1st Jan 2009 | 22 | 6 |
1st Jul 2009 | 27 | 5 |
1st Jan 2010 | 35 | 8 |
1st Jul 2010 | 45 | 10 |