DA From May 2015

 DEARNESS ALLOWANCE:
D.A. increased by 4 slabs = 0.60%


 (0.15% per slab as per IXth Bi-partite Settlement).
 

 Now total slabs =738 =110.70% for the quarter
May to July'15....

 TAHIR ALI
N.C.B.E

Dearness Allowance Increase  for Bankers from May  2015 to July 2015 Rajesh goyal

Now CPI for all the three months has been announced for relevant months and the same is as follows:-

 

 

Month	CPI
January 2015	5797.78
February 2015	5774.95
March 2015	5797.78

 

 

Based on the above calculations the new DA is to be @ 110.70%, for the months of  May,  2015 to July  2015.   [The DA for February 2015 to April  2015 was  110.10% ] i.e. increase  of  0.60%. (increase of 4 slabs)  We give below the DA for May,  2015 onwards vis a vis existing DA, alongwith  the increase in DA at various levels of scales:-

 

[FOR PENSIONERS RETIRED AFTER 1/11/2007, the above rate will be payable and there is an increase of 0.90% from August 2014]

 

 

Officers Staff :- [ All the calculations are based on present scales which are likely to be revised as per Xth BPS which is under negotiation. ]

 

			Actual DA	Actual  DA	Actual  Increase
	Officers		From Feb 2015	From May  2015	in DA Amt from May.'15
Stage	Scale	Basic Pay	110.10%	110.70%	0.60%
1	I,II,III	14500	15964.50	16051.50	87.00
2	I,II,III	15100	16625.10	16715.70	90.60
3	I,II,III	15700	17285.70	17379.90	94.20
4	I,II,III	16300	17946.30	18044.10	97.80
5	I,II,III	16900	18606.90	18708.30	101.40
6	I,II,III	17500	19267.50	19372.50	105.00
7	I,II,III	18100	19928.10	20036.70	108.60
8	I,II,III	18700	20588.70	20700.90	112.20
9	I,II,III	19400	21359.40	21475.80	116.40
10	I,II,III	20100	22130.10	22250.70	120.60
11	I,II,III	20900	23010.90	23136.30	125.40
12	I,II,III	21700	23891.70	24021.90	130.20
13	I,II,III	22500	24772.50	24907.50	135.00
14	I,II,III	23300	25653.30	25793.10	139.80
15	I,II,III	24100	26534.10	26678.70	144.60
16	I,II,III	24900	27414.90	27564.30	149.40
17	I,II,III	25700	28295.70	28449.90	154.20
18	I,II,III	26500	29176.50	29335.50	159.00
19	I,II,III	27300	30057.30	30221.10	163.80
20	I,II,III	28100	30938.10	31106.70	168.60
21	I,II,III	28900	31818.90	31992.30	173.40
22	I,II,III	29700	32699.70	32877.90	178.20
23	I,II,III	30600	33690.60	33874.20	183.60
24	I,II,III	31500	34681.50	34870.50	189.00
25	I,II,III	32400	35672.40	35866.80	194.40
26	I,II,III	33300	36663.30	36863.10	199.80
27	I,II,III	34200	37654.20	37859.40	205.20
28	I,II,III	35100	38645.10	38855.70	210.60
1	IV	30600	33690.60	33874.20	183.60
2	IV	31500	34681.50	34870.50	189.00
3	IV	32400	35672.40	35866.80	194.40
4	IV	33300	36663.30	36863.10	199.80
5	IV	34200	37654.20	37859.40	205.20
6	IV	35200	38755.20	38966.40	211.20
7	IV	36200	39856.20	40073.40	217.20
1	V	36200	39856.20	40073.40	217.20
2	V	37200	40957.20	41180.40	223.20
3	V	38200	42058.20	42287.40	229.20
4	V	39300	43269.30	43505.10	235.80
5	V	40400	44480.40	44722.80	242.40
1	VI	42000	46242.00	46494.00	252.00
2	VI	43200	47563.20	47822.40	259.20
3	VI	44400	48884.40	49150.80	266.40
4	VI	45600	50205.60	50479.20	273.60
5	VI	46800	51526.80	51807.60	280.80
1	VII	46800	51526.80	51807.60	280.80
2	VII	48100	52958.10	53246.70	288.60
3	VII	49400	54389.40	54685.80	296.40
4	VII	50700	55820.70	56124.90	304.20
5	VII	52000	57252.00	57564.00	312.00

4th Rule in Double Entry Book Keeping By Pannavalam
In Double Entry Book Keeping, there are 3 Basic Rules.
1. Debit the Receiver and Credit the Giver (Personal Accounts).
...

2. Debit what comes in and Credit what goes out (Real Accounts).
3.Credit all Income/Profit and Debit all Expenditure/Loss (Nominal Accounts).
Now, there is a 4th rule.
"Debit who works more and faces greater risks and hardships and Credit who works less and faces less or no risks/hardships".
This is just the opposite of 'Principle of Equity' which says "One should not unduly enrich oneself at the expense of another".
Another analogy is "Robbing Peter and Paying Paul".