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da orders 2019

Association to bank worker and officers for the month of August, September and October 2019 under 10th BPS

August 26, 2019 by Admin

DA Orders for bank employees from August to October 2019 under 10th BPS

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.

Dearness allowance calculation for bank employees is slightly different from the Central Government employees’ DA calculation. Bank DA is still calculate depends on the old CPI base year 1960=100. So, conversion needed to old to new CPI for Average index. [Click to know more about calculation]

The below table shows the calculation method for the month of August, September and October 2019…

M/Y JUL-19 AUG-19 SEP-19
CPI (IW) BY 2001=100 312 314 316
Converted to CPI BY 1960=100 7121.68 7167.33 7212.98
Average CPI — — 7167.33
Minus 4440 — — 2727.33
DA Slabs (Divided by 4) — — 681.00
DA % — — 68.10%

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.

Filed Under: DA Orders Tagged With: Bank DA, da orders 2019

Enhanced Rates of DA for TN Govt Employees, Pensioners and Family Pensioners

May 22, 2019 by Admin

Enhanced Rates of DA for TN Govt Employees, Pensioners and Family Pensioners

The Government of Tamil Nadu, Finance Department issued orders to enhanced rate of Dearness Allowance payable to its employees from the existing rate of 7% to 9% with effect from 1st July 2018 and 12% with effect from Jan 2019.

Dearness Allowance payable to State Government employees and teachers from the existing rate of 9% to 12% with effect from 1st January 2019.

Dearness Allowance payable to its Pensioners / Family Pensioners from the existing rate of 9% to 12% with effect from 1st January 2019.

The payment of arrears of Dearness Allowance from January, 2019 to April, 2019 shall be drawn and disbursed immediately by existing cashless mode of Electronic Clearance System (ECS).

Dearness Allowance to its employees continuing to draw their pay in the pre-revised pay scales as per Fifth Central Pay Commission from 284% to 295% with effect from 1st January 2019 and in the pre-revised pay scale/Grade Pay as per Sixth Central Pay Commission from 148% to 154% with effect from 1st January 2019.

Ad-Hoc Increase: Orders also issued to the Employees drawing Consolidated Pay / Fixed Pay / Honorarium – Another Ad-hoc Increase from 1-1-2019

Filed Under: DA Orders Tagged With: da orders 2019

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