The Expected DA Calculator is an essential tool designed to help employees, especially those in government sectors, to estimate their Dearness Allowance in this 2024 and coming 2025. This allowance is crucial as it compensates for the cost of living adjustments due to inflation, and the DA is typically revised quarterly for PSU’s named as … Read more
Bank Dearness Relief (BDR) for pensioners is a financial benefit provided to retired bank employees to help offset the impact of inflation on their pension income. This relief is typically calculated as a percentage of the basic pension and is adjusted periodically based on changes in the Consumer Price Index (CPI). BDR or DR ensures … Read more
Keeping track of the expected DA for bankers from Nov 2024 will enable bank employees to effectively manage their finances despite the increase from the present DA and swiftly adapt to economic changes. This DA increase for Bankers from current DA rates ensures they are well-prepared for any adjustments to their salary and can maintain … Read more
CDA full form is Central Dearness Allowance and is a type of allowance for central government employees and pensioners in India in the form of CDA rates to counteract the impact of inflation on their purchasing power towards increased cost of goods and services. CDA is similar to Industrial Dearness Allowance, which is applicable only … Read more
Post the 12th BPS, there has been a significant re calibration in DA for Bankers with new slabs and calculation for employees. We present the old and current DA for Bankers in the table format for increase and decrease as well for easy understanding. DA for Bankers from August 2024 The data of AICPIN for … Read more
The IDA pay scales of 1987, 1992, and 1997 pay revision and IDA rates were pivotal topics for employees across various sectors. The Industrial Dearness Allowance (IDA) rates for 1987, 1992, and 1997 pay revision, influenced by economic conditions, played a crucial role in determining the compensation framework. It is very hard for an employee … Read more