12 slabs increase in DA for Aug 2018 – Oct 2018
CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above, the average CPI for April, May & June 2018 is 6588.
AVG CPI: (6573.85+6596.68+ 6642.33/3=.
19812.86/3=6604.28-4440=2164.28/4=541 slabs @ 0.10%=54.10%
So Confirmed Increase in DA Slabs for Aug 2018 – Oct 2018: 54.10-52.90= 12 Slabs (Increase in % of DA will be 54.10%- 52.90%=1.20%)
Confirmed increase in DA slabs for retirees for the half year Aug 2018 to January 2019: 54.10-52.70 =14 slabs (Increase in DA will be 1.40%)
| DA on Special Pay for August 2018 to October 2018 | ||||||
| New | old DA | increase | ||||
| Designation | Fixed Pay | Fixed All. | Total | 54.10% | 52.90% | 1.20% |
| Bill collector | 390 | 31 | 421 | 227.76 | 222.71 | 5.05 |
| Armed Gurd. | 390 | 31 | 421 | 227.76 | 222.71 | 5.05 |
| Daftry | 560 | 43 | 603 | 326.22 | 318.99 | 7.24 |
| Head Peon | 740 | 57 | 797 | 431.18 | 421.61 | 9.56 |
| Electrician | 2040 | 158 | 2198 | 1189.12 | 1162.74 | 26.38 |
| AC technician | 2040 | 158 | 2198 | 1189.12 | 1162.74 | 26.38 |
| Driver | 2370 | 184 | 2554 | 1381.71 | 1351.07 | 30.65 |
| SWO | 820 | 64 | 884 | 478.24 | 467.64 | 10.61 |
| Head Cashier | 1280 | 99 | 1379 | 746.04 | 729.49 | 16.55 |
| spl.Asstt. | 1930 | 150 | 2080 | 1125.28 | 1100.32 | 24.96 |
| Graduation/PQP | 0 | 0.00 | 0.00 | 0.00 | ||
| After 1 year | 410 | 32 | 442 | 239.12 | 233.82 | 5.30 |
| After 2 years | 800 | 62 | 862 | 466.34 | 456.00 | 10.34 |
| After 3 years | 1210 | 94 | 1304 | 705.46 | 689.82 | 15.65 |
| After 4 years | 1620 | 125 | 1745 | 944.05 | 923.11 | 20.94 |
| After 5 years | 2010 | 156 | 2166 | 1171.81 | 1145.81 | 25.99 |
Leverage and gearing are financial terms that refer to the use of debt by a…
Capital structure is the combination of debt and equity used by a company to finance…
The foreign exchange market, or Forex Market (FX market), is a global decentralized over-the-counter (OTC)…
A currency forward contract is a customized, written contract between two parties that sets a…
IntroductionBasic exchange rate arithmetic involves converting one currency to another using the exchange rate. The…
A Special Non-Resident Rupee (SNRR) Account is opened with Authorized Dealer (AD) banks in India…