Saturday, December 3, 2016

Expected DA from Jan 2017 – 3% or 2% ?

Expected DA from Jan 2017 – 3% or 2% ?

As per AICPIN release for October month we have computed expected DA from January 2017, this is only on assumption basis. AICPIN value may vary for November & December 2016.

Illustration 1:

In case AICPIN value more than 277 for Nov & Dec 2016, then Dearness Allowance from January 2017 will be 3%


Illustration 2:

In case AICPIN less than 277 for Nov & Dec 2016, then Dearness Allowance from January 2017 will be 2% Due to Demonetisation, AICPIN Value may be volatile for coming months. However we have to wait & See


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