Dear Friends,
As you know, the Industrial DA with effect from 01.07.2016 for 2007 & 1997 Scales are 114.8% and 262.6% respectively. With the release of the All India Consumer Price Index for the month of June 2016, the projected Industrial DA with effect from 01.07.2016 will be 119.3% (an increase of 4.5%) and 270.3% (an increase of 7.7%) respectively.
Note: AICPI for July and August 2016 are yet to come. The final figure may vary accordingly.
Abbas.P.S,
ITI LIMITED,
PALAKKAD - 678 623.
As you know, the Industrial DA with effect from 01.07.2016 for 2007 & 1997 Scales are 114.8% and 262.6% respectively. With the release of the All India Consumer Price Index for the month of June 2016, the projected Industrial DA with effect from 01.07.2016 will be 119.3% (an increase of 4.5%) and 270.3% (an increase of 7.7%) respectively.
Note: AICPI for July and August 2016 are yet to come. The final figure may vary accordingly.
Abbas.P.S,
ITI LIMITED,
PALAKKAD - 678 623.