Dear All, Request you to kindly help me with the calculation of Dearness Allowance in Karnataka. Also, let me know what is the minimum amount for Dearness Allowance. Thanks and regards, Sujatha Rao
From India, Bangalore
From India, Bangalore
11
Dear Sujatha Rao,
There are two concepts in this.
Dear Allowance shall be as per the fixation by Minimum Wages Act,which shall be released through Gazettes frequently.
Or else you can discuss with the Management and fix a component, which can be 40% on the gross.
The figure quoted suggested here is only exemplary and not standard one.
Intention while fixing a DA component in the salary should be always to meet inflation.
From India, Hyderabad
There are two concepts in this.
Dear Allowance shall be as per the fixation by Minimum Wages Act,which shall be released through Gazettes frequently.
Or else you can discuss with the Management and fix a component, which can be 40% on the gross.
The figure quoted suggested here is only exemplary and not standard one.
Intention while fixing a DA component in the salary should be always to meet inflation.
From India, Hyderabad
Dear Sujatha,
For Dearness Allowance( DA) Calculation needs to understand first the basics . For which category of employees you are interested to know the DA Calculation, you have not mentioned. However, for your understanding I would like to inform that DA is calculated by several methods. I have come across with several DA scheme through out my carrier All India Basis. It may be %basis or per point neutralization of Consumer Price Index (CPI) against one specific base year. It may be monthly, quarterly, six monthly or yearly review. Base years are different for different organization. CPI & DA review depends on availability of CPI data.
For further detail clarification you may contact me if you like so.
Thanks & Regds.,
S K Bandyopadhyay(West Bengal)
USD HR Solutions
From India, New Delhi
For Dearness Allowance( DA) Calculation needs to understand first the basics . For which category of employees you are interested to know the DA Calculation, you have not mentioned. However, for your understanding I would like to inform that DA is calculated by several methods. I have come across with several DA scheme through out my carrier All India Basis. It may be %basis or per point neutralization of Consumer Price Index (CPI) against one specific base year. It may be monthly, quarterly, six monthly or yearly review. Base years are different for different organization. CPI & DA review depends on availability of CPI data.
For further detail clarification you may contact me if you like so.
Thanks & Regds.,
S K Bandyopadhyay(West Bengal)
USD HR Solutions
From India, New Delhi
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Maharashtra DA,Special allowance July 14 to Dec 14 - Notification.pd f
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