Finally, we have got six month AICPIN value to calculate Dearness allowance for July 2011. Based on the calculation, all central government employees going to get 7% increase in Dearness allowance from July 2011 onwards. Already we are in 51 % and now we are going to get seven percentage so totally 58 percentage dearness allowance from July 2011 onwards, however government needs to release the government order and confirm the exact value of increase, until then we have to wait for the confirmation.
How to calculate Dearness Allowance Percentage ?
Here is the simple formula to calculate Dearness Allowance Percentage
Dearness Allowance = (Average of AICPIN for the past 12 months – 115.76)*100/115.76