Wednesday, 18 January 2023

Expected DA Calculator for January 2023: Factors and formula.

 

Expected DA Calculator for January 2023: Factors and formula.

Dearness Allowance is a cost of living adjustment allowance that is paid to government employees and pensioners to compensate for the increase in the cost of living. It is calculated as a percentage of the basic pay and is revised periodically based on the changes in the Consumer Price Index (CPI).

The Expected DA January 2023 Calculator takes into account the current inflation rate, the expected increase in the Consumer Price Index, and the formula used to calculate the Dearness Allowance. It then calculates the expected Dearness Allowance for January 2023 based on these factors.

Based on current CPI data and other economic indicators, the expected dearness allowance (DA) rate for January 2023 is projected to be 42%. It is worth noting that the actual DA rate may differ based on factors such as location and type of job, and it is subject to change due to changing economic conditions and other factors.

Listed below are the Dearness Allowance (DA) Finance Ministry issued Order of after 7th Pay Commission

OM DateOM LinkDA %Effect From
???01/01/2023
03/10/2022Grant of DA at 4%38 %01/07/2022
31/03/2022Grant of DA at 3%34 %01/01/2022
25/10/2021Grant of DA at 3%31 %01/07/2021
20/07/2021Grant of DA at 11%28 %01/07/2021
14/10/2019Grant of DA at 5%17 %01/07/2019
27/02/2019Grant of DA at 2%12 %01/01/2019
07/09/2018Grant of DA at 3%9 %01/07/2018
15/03/2018Grant of DA at 2%7 %01/01/2018
20/09/2017Grant of DA at 1%5 %01/07/2017
30/03/2017Grant of DA at 2%4 %01/01/2017
04/11/2016Grant of DA at 2%2 %01/07/2016

Share this article :

No comments:

Post a Comment