Consumer Price Index for July, August, and September 2023 are respectively- 139.70, 139.20, and 137.50. It works out to 693 slabs of DA payable to bank staff for the quarter of November 2023 to January 2024. Hence there will be an increase of 61 slabs in DA for the above period at 48.51% as per the below chart.
| BASIC | NEW DA | OLD DA | DIFF |
| 14500 | 8479 | 7732 | 746 |
| 15000 | 8761 | 7990 | 771 |
| 15500 | 9043 | 8247 | 796 |
| 16000 | 9326 | 8505 | 821 |
| 16500 | 9608 | 8762 | 846 |
| 17115 | 9955 | 9079 | 876 |
| 17730 | 10302 | 9396 | 907 |
| 18345 | 10650 | 9712 | 937 |
| 18960 | 10997 | 10029 | 968 |
| 19575 | 11344 | 10346 | 999 |
| 20315 | 11762 | 10727 | 1035 |
| 21055 | 12180 | 11108 | 1072 |
| 21795 | 12598 | 11489 | 1109 |
| 22535 | 13016 | 11870 | 1146 |
| 23405 | 13507 | 12318 | 1189 |
| 24275 | 13998 | 12766 | 1232 |
| 25145 | 14489 | 13214 | 1275 |
| 26145 | 15054 | 13729 | 1325 |
| 27145 | 15619 | 14244 | 1375 |
| 28145 | 16183 | 14759 | 1425 |
| 29145 | 16748 | 15274 | 1474 |
| 30145 | 17313 | 15789 | 1524 |
| 31145 | 17877 | 16304 | 1574 |
| 32145 | 18442 | 16819 | 1623 |
| 33145 | 19007 | 17334 | 1673 |
| 34145 | 19571 | 17849 | 1723 |
| 35145 | 20136 | 18363 | 1772 |
| 36145 | 20701 | 18878 | 1822 |
| 37145 | 21265 | 19393 | 1872 |
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…