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Saturday, 3 December 2016

Expected DA from Jan 2017 – 3% or 2% ?

 
As per AICPIN release for October month we have computed expected DA from January 2017, this is only on assumption basis. AICPIN value may vary for November & December 2016.
Illustration 1:
In case AICPIN value more than 277 for Nov & Dec 2016, then Dearness Allowance from January 2017 will be 3%
MONTH-YEARB.Y. 2001=100EXPECTED DA
Jul-162803.45
Aug-162783.9
Sep-162774.25
Oct-162784.53
Nov-162774.76
Dec-162775.01 – 2.00 = 3% DA(Round Off)
 Illustration 2:
In case AICPIN less than 277 for Nov & Dec 2016, then Dearness Allowance from January 2017 will be 2% Due to Demonetisation, AICPIN Value may be volatile for coming months. However we have to wait & See



MONTH-YEARB.Y. 2001=100EXPECTED DA
Jul-162803.45
Aug-162783.9
Sep-162774.25
Oct-162784.53
Nov-162764.72
Dec-162774.98 – 2.00 = 2% DA(Round Off)
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