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Today i.e. on 31.07.2018, Government announced Consumer Price Index (CPI) data for the month of Jun'18. Pensioners DA payable from Aug'18 to Jan'19 is calculated on the basis of CPI announced by the Govt for the months from Jan'18 to June'18 . Accordingly, there is an increase of 14 DA Slabs payable for the period of Aug'18 to Jan'19 to bank pensioners. For calculation of your DA, please select your Date of Retirement and calculate your revised DA payable w.e.f Aug'18 and amount of monthly DA increase.
To calculate impact on your tax liability due to DA increase in FY 18-19 or by any other income use calculator 'Calculate Tax Impact on Rise of Income' provided hereunder.
Disclaimer : This website do not claim its calculation of payable DA / expected DA slabs that would may become payable is full and final. As we do calculations on the basis of available CPI data for DA payable(may vary of one slabs on official announcement of IBA due to rounding of fraction of points). The expected DA is computed on some assumptions of CPI for coming months. The users are requested to please do inform in case he/she has noticed any error or updation of the official announcements of CPI index, for the correction & updation at this website. We shall welcome your feedback in the matter.