Today i.e. on 31.07.23 CPI for the month of Jun'23 released as 136.40 with an increase of 1.70 points with respect to previous month (May'23). Bankers DA calculator is updated hereunder accordingly. Earlier the Govt vide their notification dated 22.10.20 (click to view the letter) has changed the Consumer Price base year from 2001=100 to 2016=100 for Industrial Workers.
On the basis of CPI data announced by the Govt for the months of Apr'23 to Jun'23 (as tabled below) there will be an increase of 36 DA slab and the revised DA slabs payable for the period Aug'23 to Oct'23 comes to 632 as per 11th BPS
Expected DA Calculation Updated on 29.09.23 on the basis of CPI for the month of Jul'23 & Aug'23 with the assumptions of CPI for the months of Sep'23 as mentioned hereunder. The CPI for the month of Aug'23 announced today as 139.20, surprisingly decreased from 139.7 points in July, 2023 (as per revised base year 2016) (The base year was changed from Oct 2020)
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This website do not claim its calculation of DA slabs would may become payable as full and final as IBA circular of DA release is awaited and this calculator shall be updated accordingly
Apr 2023 | 8822.12 |
May 2023 | 8854.99 |
Jun 2023 | 8966.74 |
Average CPI | |
For the Quarter Jan-Mar 2023 as above = 8881.28 | |
For the Last Quarter Jan-Mar 2023 = 8738.95 |
On the basis of CPI announced for the months of Jan - Mar 2021, we have provided Bank Employee / Officer DA calculations. This website do not claim that its calculation of expected DA slabs would may become payable as full and final.