Hello everyone
Good Day!
I’m working in a private Leather Tannery situated in Tamil Nadu.
Kindly refer the attached Go. (2D) No.98 Dt. 08-11-2022.
It is mentioned, for calculation of dearness allowance, the base shall be taken as 176 (base 2001=100) being the average of All India Consumer Price Index Number for the year 2010. For further raise of one point over and above 176 points, an increase of ₹.1.12 (Rupee one and twelve paise only) shall be paid per day.
I have collected some of data from website
The current base year for the CPI series is 2012. However, the base year for the CPI (Industrial Workers) series is 2016 (w.e.f Sep’2020).
The link factor for the new series (2016=100) to the old series (2001=100) is 2.88
Average CPI-IW for the year 2023 is 134.73 (Refer attached cpi data).
How to calculate DA based on the G.O? What is the DA amount ?
Thanks!
Best Regards
Shameem
Good Day!
I’m working in a private Leather Tannery situated in Tamil Nadu.
Kindly refer the attached Go. (2D) No.98 Dt. 08-11-2022.
It is mentioned, for calculation of dearness allowance, the base shall be taken as 176 (base 2001=100) being the average of All India Consumer Price Index Number for the year 2010. For further raise of one point over and above 176 points, an increase of ₹.1.12 (Rupee one and twelve paise only) shall be paid per day.
I have collected some of data from website
The current base year for the CPI series is 2012. However, the base year for the CPI (Industrial Workers) series is 2016 (w.e.f Sep’2020).
The link factor for the new series (2016=100) to the old series (2001=100) is 2.88
Average CPI-IW for the year 2023 is 134.73 (Refer attached cpi data).
How to calculate DA based on the G.O? What is the DA amount ?
Thanks!
Best Regards
Shameem
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