Understanding the New Industrial DA Rates Effective from October 2012: What Do These Changes Mean for You?

As you know, the Industrial DA with effect from 01.07.2012 is 61.5% for 01.01.2007 scales and 172.6% for 01.01.1997 scales. The new DA with effect from 01.10.2012 is 67.3% (an increase of 5.8%) and 182.5% (an increase of 9.9%) respectively.

Regards,
Abbas.P.S

Dear Mr. Abbas, can you please attach the amendment made for the new provision on D.A. proposed for all our CiteHR members to review?

Thanks in advance!

The new IDA rates are derived from calculations based on the new All India Consumer Price Index. The circular from the Department of Public Enterprises has yet to be released.

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[Name]