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, of banks for the quarter November 2024 to January 2025 is 19.83% (the average index no. minus 123.03). In the last…
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…
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…
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…
National Insurance Co. now offers multiple top-coverage medical insurance policies for bank retirees under IBA medical policy for retirees. Now top-up is available for Rs.2 lakh, 3 lakh,4 lakh, and 5 lakh. The details are as follows; Top- up premium for retiree and spouse Top-up premium for retiree and spouse For Rs.2 lac 27101 including…
According to news in circulations, Bank Employees Union AIBEA issued a circular on 30.09.2024 about Medical Insurance Policy premium details for joint and single life, and for the Top-up payable by Bank Retirees and family pensioners. From the circular, it is unclear whether a retiree can opt for a lower limit for base or top-up…
Consumer Price Index for April, May, and June 2024 are 139.40, 139.90, and 141.40 respectively. Average converted to 1960 base) becomes 9218.74. The increase in slabs 9218.74/4 is 716.85 rounded off to 717 slabs. Hence The increase in DA slabs for the pensioners is 24 from AUG 2024 to January 2025. The details of dearness…
Labour Bureau announced the Index number for June 2024CPI(IW) for April’24=139.40 May’24=139.90 June’24 141.4 Average 140.23.140.23-123.03= DA for Aug-October ’24 is17.20%Last quarter 15.97 % increase in DA is 1.23% The DA chart for Officers, Clerical Staff, and Sub-Staff are as under Officers DA for the Quarter of August 2024 to October 2024 Clerical Staff DA…
CPI(IW) for April’24=139.40 May’24=139.90 June’24 141.4 Average 140.23.140.23-123.03= DA for Aug-October ’24 is17.20%Last quarter 15.97 % increase in DA is 1.23% SUB STAFF BASIC New DA Previous DA Difference 19500 4389 4075 314 20165 4534 4209 324 20830 4678 4344 335 21495 4823 4478 345 22160 4968 4613 355 22990 5148 4780 368 23820 5329…
CPI(IW) for April’24=139.40 May’24=139.90 June’24 141.4 Average 140.23.140.23-123.03= DA for Aug-October ’24 is17.20%Last quarter 15.97 % increase in DA is 1.23% CLERICAL BASIC New DA Previous DA Difference 24050 5379 4994 385 25390 5671 5265 406 26730 5962 5536 426 28070 6254 5806 447 29720 6613 6140 473 31370 6972 6473 499 33020 7331 6806…