Dearness Allowance
Important Modification has been made in the calculation: View the change here.
Following table is the final version as notified.
|
Basic Pay Slabs |
Rate of neutralisation for determining
Dearness Allowances payable quarterly. All India Consumer Price Index
Number. |
| 1 |
Upto Rs.5000 |
100 per cent of Basic Pay |
| 2 |
Between Rs.5001 and Rs.7000 |
80 per cent of basic pay or 100 per cent of
Rs.5000, whichever is higher |
| 3 |
Between Rs.7001 and Rs.9500 |
70 per cent of basic pay or 80 per cent of
Rs.7000 whichever is higher |
| 4 |
Between Rs.9501 and Rs.12500 |
60 per cent of basic pay or 70 per cent of
Rs.9500 whichever is higher |
| 5 |
Above Rs.12500 |
50 per cent of basic pay or 60 per cent of
Rs.12500 whichever is higher |
Formula for calculating Dearness Allowance:
Average All India CPI for the Qr in question - AICPI number
for the year 1998 (that is, last quarter of 1997)
-------------------------------divided
by---------------------------------------------
AICPI number for the year 1998 (last quarter of 1997).
(above result) X rate of neutralisation X Basic Pay.
Home-City Compensatory Allowance-Night
Shift Allowance-DA
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