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Projected DA For Bank Staff in November 2013

Projected DA For Bank Staff in November To January 2014Expected Dearness Allowance (DA) for Bank’s staff in November will be increased by 479 slabs or 94.50% of Basic Pay.

A wonderful Happy Diwali for Bankers in term of Increased DA.The 10th Bipartite settlement is also in the line and expected to be paid by March 2014.

The increased Dearness Allowance will be paid in the salary of November to January 2014 salary. The increased DA was expected due to high inflatiuon in quarter and increased in Dearness allowance of central government employees.

AICPI touches 238 points in August, 2013 and 240 points in September so DA might also go higher up to 97% also of basic pay.

About raj

CAIIB certified bankers by profession. This blog was started to help individuals from complicated financial and Banking terminologies. Updates on Taxation, Investment Ideas, Mutual Fund and Financial Planning.

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