On the basis of CPI data announced by the Labour Bureau for the period of April 2020 to June 2020, the average index number works out to 7540 (base 1960=100) or 775-slabs(77.50 %) for the above period. It means bank employees and officers have entitled dearness allowance to an increase of 14slabs (1.40%) for the ensuing quarter of August 2020 to October 2020.
Dearness allowance (DA) chart of clerical staff for the quarter of August 2020 to October 2020 is provided below.
Dearness allowance (DA) chart of clerical for the quarter of August 2020 to October 2020 is provided below.
| Revised | Previous | Increase | ||||
| Stage | Basic | Spl.All. | Total | 77.50% | 76.10% | 1.40% |
| 1 | 11765 | 912 | 12677 | 9824.68 | 9647.20 | 177.48 |
| 2 | 12420 | 963 | 13383 | 10371.83 | 10184.46 | 187.36 |
| 3 | 13075 | 1013 | 14088 | 10918.20 | 10720.97 | 197.23 |
| 4 | 13730 | 1064 | 14794 | 11465.35 | 11258.23 | 207.12 |
| 5 | 14545 | 1127 | 15672 | 12145.80 | 11926.39 | 219.41 |
| 6 | 15360 | 1190 | 16550 | 12826.25 | 12594.55 | 231.70 |
| 7 | 16175 | 1254 | 17429 | 13507.48 | 13263.47 | 244.01 |
| 8 | 17155 | 1330 | 18485 | 14325.88 | 14067.09 | 258.79 |
| 9 | 18135 | 1405 | 19540 | 15143.50 | 14869.94 | 273.56 |
| 10 | 19115 | 1481 | 20596 | 15961.90 | 15673.56 | 288.34 |
| 11 | 20095 | 1557 | 21652 | 16780.30 | 16477.17 | 303.13 |
| 12 | 21240 | 1646 | 22886 | 17736.65 | 17416.25 | 320.40 |
| 13 | 22385 | 1735 | 24120 | 18693.00 | 18355.32 | 337.68 |
| 14 | 23530 | 1824 | 25354 | 19649.35 | 19294.39 | 354.96 |
| 15 | 24675 | 1912 | 26587 | 20604.93 | 20232.71 | 372.22 |
| 16 | 25820 | 2001 | 27821 | 21561.28 | 21171.78 | 389.49 |
| 17 | 26965 | 2090 | 29055 | 22517.63 | 22110.86 | 406.77 |
| 18 | 28110 | 2179 | 30289 | 23473.98 | 23049.93 | 424.05 |
| 19 | 30230 | 2343 | 32573 | 25244.08 | 24788.05 | 456.02 |
| 20 | 31540 | 2444 | 33984 | 26337.60 | 25861.82 | 475.78 |
| 21 | 32850 | 2546 | 35396 | 27431.90 | 26936.36 | 495.54 |
| 22 | 34160 | 2647 | 36807 | 28525.43 | 28010.13 | 515.30 |
| 23 | 35470 | 2749 | 38219 | 29619.73 | 29084.66 | 535.07 |
| 24 | 36780 | 2850 | 39630 | 30713.25 | 30158.43 | 554.82 |
| 25 | 38090 | 2952 | 41042 | 31807.55 | 31232.96 | 574.59 |
| 26 | 39400 | 3054 | 42454 | 32901.85 | 32307.49 | 594.36 |
| 27 | 40710 | 3155 | 43865 | 33995.38 | 33381.27 | 614.11 |
| 28 | 42020 | 3257 | 45277 | 35089.68 | 34455.80 | 633.88 |
This article explains the meaning of Depreciation, Causes of Depreciation, Need for Depreciation, Factors of…
Before closing the ledger accounts, if the error is found you can rectify it without…
The errors in accounting take place due to wrong posting of transactions, wrong totaling or…
“Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26…
When the trial balance does not tally due to the one-sided errors in the books,…
Errors in Trial Balance are mistakes made during the accounting process that cannot always be…