Consumer Price Index for October 2022, November 2022, and December 2022 are respectively- 132.50, 132.50, and 132.3. It works out to 62 slabs of DR for the half year February 2023 to July 2023. Hence there will be an increase of 62 slabs in DR from February 2023
| No of slabs | Rate per Slab @ | Percentage of DR payable | DR payable on Basic Pension (Before commutation) |
| 588 | 0.07 | 41.16 % | Basic Pension ×41.16 % |
| No of slabs | Rate per Slab @ | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 1066 | 0.10 | 106.60% | Basic Pension ×106.60% |
| No of slabs | Rate per Slab | Percentage of DR payable | DR payable on Basic Pension (Before commutation) |
| 1467 | 0.15 | 220.05 % | Basic Pension× 220.05 % |
| No of slabs | Rate per Slab | Percentage of DR payable | DR on Basic Pension (Before commutation) |
| 1604 | 0.18 | 288.72% | Basic Pension× 288.72 % |
| Basic pension (before commutation) | DR amount |
| Up to basic pension 3550@24% per slab | Basic Pension× 421.20% |
| Basic pension from 3551 to 5650 (2100@ 20% per slab) | 14952.60+351 % over 3550 |
| Basic pension from 5651 to 6010 (360@ 12% per slab) | 22063.60 + 210.60 % over 5650 |
| Basic pension 6011 and above@6% per slab | 22821.76 +105.30 % over 6010 |
There are two different types of receipts that a business or a government generates during…
The Department of Investment and Public Asset Management (DIPAM) released new guidelines amending its earlier2016…
The Government of the National Capital Territory of Delhi has released the official list of…
The Government of Rajasthan in their Order No.16 (1).v.m./2024 dated 19.11.2024 declared bank Holidays under…
Meaning of Expenditure and Expenses: Expenditure refers to the total amount spent to acquire goods…
In pursuance of the explanation in section 25 of NI Act 1881, read with the…