Bank DA from Nov 2018 to Jan 2019
Ministry of Labour & Employment released press note for All India Consumer Price Index (CPI) data for the month of September 2018. The All-India CPI-IW for September, 2018 remained stationary at 301.
As per the calculation, the Bank DA Slabs for the month of Nov 18 to Jan 19 will be 607 slabs and total percentage of DA payable is 60.7%, i.e. the percentage of increase in DA is 6.6%. We have to wait for the official confirmation from IBA.