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Saturday, 2 January 2016

Projected DR Slabs from 1/2/2016

In the allbankingsolutions.com web site,it has been projected that the dearness allowance may increase by 3.2% for the quarter  from 1/2/2016.This means an addition of 32 slabs of DA  for in- service employees.Adding the 34 slabs of DA that the in- service employees got from 1/11/2015,we can project that pensioners will get 66 slabs of DR from 1/2/2016.
Any other estimate?
Greetings.
C H Mahadeva
In the above projection  CPI for December, 2015 is taken as 271 which means  rate of inflation 7.11% where as rate of inflation for November 2015 was 6.71%.
In case CPI of Dec 2015 is 270, DR Slabs would be 64.
The exact position may be known on 15.01.2016 when the rate of inflation of  retail CPI  is announced 
Projected DR Slabs pensioners  01/02/2016

CASE I      CASE II
CPI


Oct-15 269 269
Nov-15 270 270
Dec-15 270 271
Average 269.6667 270




base100 6155.384 6162.993




Last avg 5896 5896
diff 259.3844 266.993




dr slabs 64.84609 66.74825



 R K SAHNI
64 66