CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). Aug, Sep, Oct 2021 Please Like, Share the video if you like the information & Subscribe to my YouTube Channel. Bank Employee / Officer DA (Dearness) Payable (w.e.f. IBA DR ORDER : Dearness Relief from August 2020 to Jan 2021 to surviving pre 1.1.1986 retirees. IBA DA ORDER : DA for Bank Employees from August to October 2020. Feb, Mar, Apr 2021 . Particularly, House Rent Allowance (HRA) will rise moderately for Central Government employees including Railways and Armed Forces Personnel. To Calculate Expected Dearness Allowance(DA) of Govt Bank Employees from February 2020 we need All India Consumer Price Index (AICPI) average for last three months i.e October 2019, November 2019 and December 2019. DA Orders for bank employees from August to October 2019 under 10th BPS. Dec 2020: 330: 21.43: Jan 2020: 330: 22.16: Feb 2020: 328: 22.83: Mar 2020: 326: 23.37: Apr 2020: 329: 23.92: May 2020: 330: 24.43: Jun 2020: 332: 24.94: Jul 2020: 336: 25.48: Aug 2020: 338: 26.05: Sep 2020: 340: 26.63: Oct 2020: 344: 27.23: Nov 2020: 345: 27.77: Dec 2020 Accordingly, there is an increase of 16 DA Slabs payable for the period of Aug'20 to Jan'21 to bank pensioners. 11th Bipartite Settlement 22nd July 2020 – 15% Pay Hike for Bank Employees. Nov'20) and Expected DA Calculator (Payable from Feb'21) Updated on 27.11.20 Calculate Income Tax Relief on arrears U/S 89(1) with Calculations of Income Tax For FY 2020-21 under New & Existing Tax Regime Bank Officer, Clerical, Sub Staff: Pay Scales, PQP, FPP, Special Pay under 11BPS v/s 10 BPS Salary/Pension to CG employees/Pensioner in Kerala on 20 August 2020 for “ONAM” Festival Cabinet approved the Extension of EPF contribution 24% for another 3 months from June to August 2020 Bank D.A. D.A. Expected DA for bank employees from August 2020 is come to an end! Nov, Dec 2019 & Jan 2020. On the assumption that CPI for the month of November 2018and December 2018 increase by 1 points each, DA will increase by 1.20%. Expected Bank DA Calculator for Bank Employees and Officers. CPI data for the month of June 2020 has been released today, which has increased from 330 in May 2020 to 332 i.e., an increase of 2 points. Read: Expected DA for Bankers from November 2018 to January 2019 Dearness Relief (DR) Table for Bank Pensioners (Workmen and Officer) from 2009. 761 283 76.10 19.81 . DA chart for officers and workmen is given below for your ready reference: DA Chart for Officer Staff from August 2020: DA Chart for Workmen Staff from August 2020: We’ll update about expected DA for bank employees for next quarter November 2020 to January 2021 on release of CPI data next month. It means bank Pensioners have entitled dearness relief to an increase of 16slabs for the ensuing quarter of August 2020 to February 2021. Dearness Allowance (DA) for bank employees from May 2019 to July 2019 – … DA for Bank Employees from August 2020 to October 2020 11th Bipartite Settlement reaches consensus – Salary rise in 90 days Free Study Material for Bank Promotion Exam 2020 According to the trends of AICPIN, the expected Dearness Allowance (DA) from July 2020 is likely to be retained the position of 25%. Based on the CPI data for the month of April, May ... Read more DA for Bank Employees from August 2020 to October 2020 Aug, Sep, Oct 2020. Expected DA for November 16 to January 2017 - Updated on 30.09.2016, 11th Bipartite Settlement reaches consensus – Salary rise in 90 days, DA for Bank Employees from August 2020 to October 2020, Free Study Material for Bank Promotion Exam 2020, DA for Bank Employees from November 2019 to January 2020, DA for Bank Employees from August 2019 to October 2019, Simplified Turnover Method for working capital assessment: FAQs, Merger of Banks - Disadvantages for Bank Employees. DA for Bank Employees is increased by 12 slabs from August … May 2020 – July 2020; Month AICPIN AVG CPI Slabs Percentage; Jan-2020: 330: 7533: 3093: 761: 76.1; Feb-2020: 328: 7487: 3047: March-2020: 326: 7441: 3001 03-08-2020: Dearness Relief payable to Pensioners for the period August 2020 to January 2021: 9: 03-08-2020: Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2020 under X BPS/ Joint Note dated 25.5.2015: 10: 07-07-2020: Increasing Honorarium to the authors of IBA''s Journal -The Indian Banker: 11 It means bank employees and officers have entitled dearness allowance to an increase of 14 slabs (1.40%) for the ensuing quarter of August 2020 to October 2020. Bank Employees DA for August 2020 – DA for Bank Employees from August 2020 – Expected DA for Bank Pensioners from August 2020. to increase 33 slabs, Pensioners to get 17 slabs more from August 2014 Pension Calculation for Retired Bank Employees. November,December 2020 & January 2021: 7716.13: 819: 81.9: 4.4 : August,September,October 2020: 7540.0: 775: 77.5: 1.4 : May,June,July 2020: 7486.9: 761: 76.1: 0.2 : February,March,April 2020: 7479.29: 759: 75.9: 4.2 : November,December 2019 & January 2020: 7311.0: 717: 71.7: 3.6 : August,September,October 2019: 7167.33: 681: 68.1: 3.6 : May,June,July 2019: 7023.0: 645: 64.5: … Bank Staff. 717 239 71.70 16.73 . CPI data for the month of June 2020 has been released today, which has increased from 330 in May 2020 to 332 i.e., an increase of 2 points. Hence there is an increase in DA slabs of 36, i.e 717 Slabs for payment of DA for the quarter Nov, Dec 2019 and January 2020 In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of Nov, Dec 2019 & January 2020 shall be 71.7% of ‘pay’. DA chart of Bank employees (August-October’18) You are here: Home. Chart of Bank officer for the quarter of August 2020 to October 2020. Bank Staff. Read: How DA for Bank Employees is calculated. 775 Slabs for payment of DA for the quarter August, September & October 2020 In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of August, September & October 2020 shall be 77.50 % of ‘pay’. All India Consumer Price Index Numbers for Industrial Workers – CPI(IW) for June 2018 increased by two point and pegged at 291, based on the DA Calculation formula the DA for bank employees as on June 2018 is 54.1%. Dearness Allowance (DA) for bank employees from November 2019 to January 2020 – 71.7%. 819 341 81.90 23.87 . 775 297 77.50 20.79 . The rate of Dearness Allowance (DA) payable to Bank employees for the months of February, March and April 2020 shall be 75.90 % of pay Indian Banks’ Association HR & Industrial Relations No. Retired on or after 1.11.2012 7479-4400 (759 slabs) Dearness Relief payable to Bank Pensioners from August 2019 to January 2020 – IBA If the DA hike over 25%, some of the allowance rate will also be modified. Chart of Bank clerical staff for the quarter of August 2020 to October 2020. DA slabs for the next quarter, August 2017 to October 2017 will be 471 i.e., 47.10%. Rates for Bank Staff and Officers. Nov, Dec 2020 & Jan 2021. The calculation method of dearness relief for bank pensioners is based on the average Consumer Price Index for Industrial Workers (Base Year 1960=100) of 3 months form Jan to Mar, Apr to Jun, Jul to Sep, Oct to Dec. A simple online calculator to predetermine the percentage of Dearness allowance to existing bank employees and officers only, not for pensioners. Expected DA for Bankers from January 2020, Indian Banks Association – Dearness Relief payable to Pensioners for the period February to July, 2016, IBA – Dearness Relief payable for the period February to July, 2016 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia, IBA : Bank DA and DR Orders for the period Aug 2016 to Jan 2017, Bank Employees DA Order issued IBA for next quarter from Feb to Apr 2017, Travelling Allowance – Reimbursement of Travelling Charges Admissible under Daily Allowance on tour, Transport Allowance for Central Govt Employees During Nation-wide Lockdown due to COVID-19 Pandemic, 7th Pay Commission Risk Allowance to Central Govt Employees – Dopt Order, 7th CPC Night Duty Allowance to Railway Employees w.e.f. The official order is … 12 slabs increase in DA for Aug 2018 – Oct 2018 and 14 slabs increase in DA for Aug 2018 – January 2019 for Pensioners. Dearness allowance (DA) chart of Officers for the quarter of August 2020 to February 2021 is provided below. DA for bank employees increased by 3.6% for the quarter, August 2019 to October 2019. DA for Bank Employees from August 2018. Dearness allowance calculation for bank employees is slightly different from the Central Government employees’ DA … Rate of DA paid to Bank Employees from February 2015 to April 2020 and Bank DA for August September October 2020 Dearness Allowance (DA) for bank employees from August 2019 to October 2019 – 68.1%. Check also: DA Table for Bank Employees from 2006. Date from which IDA applicable:Feb 2020 ; Average AICPI(2001=100) for the quarter October 2019 to … The new DA payable to retired bankers is thus usually available on 1st February and 1st August, but new DA is actually received in the pension of those months and thus reflected in the Pensions credited on 1st March and 1st September. You can also follow us on. DA for bank employees increased by around 1.40% for the quarter August 2020 to October 2020. As per the settlement of 10th Bipartite, the rate of Dearness allowance payable to workmen and officers for the months of August, September and October 2019 will be 68.10% of Pay. Hence there is an increase in DA slabs of 14 i.e. 759 281 75.90 19.67 . May, June, July 2020. DA for retired bankers is revised on half yearly basis and are effective from February and August months. During previous quarter increase in DA was only 2 slabs. It is expected that the rate of DA may increase up to 25% level from 1st July 2020 and subsequently Allowances like HRA also will be increased to next level. Expected Dearness Allowance (DA) Calculator from February 2020 for Bank Employees. Expected Salary Revision For Bank Employees as per 11th Settlement. Expected DA for Bank Employees from August 2017 will increase by 1.50%. Read: Increase in Expected DA from November 2019. Pensioners DA payable from Aug'20 to Jan'20 is calculated on the basis of CPI announced by the Govt for the months from Jan'20 to Jun'20 . DA for Workmen and Officer Employees in banks for the months of August, September & October 2020 Indian Banks' Association HR & Industrial Relations No.CIR/HR&IR/76/D/2020/9018 August 3, 2020 All Members of the Association (Designated Officers) Dear Sir/ Madam, … DA Chart for Bank Officers and Workmen Staff from August 2019 is given below. #da #expectedda #novtojanda #dearnessallowance #bankemployeesnews. DA chart of Bank employees… Jul 31 2018. Dearness allowance orders issued by Indian Banks’ Association to bank worker and officers for the month of August, September and October 2019 under X BPS. The DA hike over 25 %, some of the allowance rate will also be modified to 2021... 2018 is confirmed i.e., 47.10 % allowance rate will also be modified officer the. 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