Labour Bureau announces CPI (IW) index numbers for July, August, and September 2024.
July 2024=142.70 August 2024 =142.60 September 2024=143.30 Average index numbers for the above quarter is =142.86
Therefore DA payable to Officers, Clerical Staff, and Sub-staff of banks for the quarter November 2024 to January 2025 is 19.83% (the average index no. minus 123.03).
In the last quarter, DA paid @17.20 %, hence, the increase in DA for the ensuing quarter is 2.63 %
DA Chart:
Bank Officers DA for the Quarter of November 2024 to January 2025
Bank Clerical Staff DA for the quarter of November 2024 to January 2025
Bank Sub-staff DA chart for the quarter of for the Quarter of November 2024 to January 2025
Accounting is a multifaceted discipline. It caters to the diverse informational needs of stakeholders within…
As the name says ‘computerised accounting’ is the use of computers, software, and hardware to…
The Supreme Court today overruled a 2008 decision by the National Consumer Disputes Redressal Commission…
The Bank’s financial statements are prepared under the historical cost convention, on the accrual basis…
The term "accounting treatment" represents the prescribed manner or method in which an accountant records…
The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the…