DA/Industrial DA W.e.f 01.01.2012

Dear all friends in citeHR,
Wish you a happy and prosperous New Year 2012.
As you know the Industrial DA from 1.10.2011 onwards is 52% for 1.1.2007 scale and 156.6% for 1.1.1997 scale.
From 1.1.2012 onwards it is enhanced to 56.7% (Diff. 4.7%) for 1.1.2007 scales and 164.6% (Diff. 8%) for 1.1.1997 scale.
Abbas.P.S,
ITI Ltd,
PALAKKAD - 678 623.
Ph. +91 9447 467 667

10th February 2012

Sub. Minimum Wages Revision – January 2012 to June 2012
Dear All,
This is to inform you that the rates of Minimum Wages are revised for the period
from 1st January 2012 to 30th June 2012.
The Special Allowance is revised from Rs 1783.50 to Rs. 2004.90 ( Rs. 221.40 p.m. increased) The details are as under :
FOR CONSTRUCTION OF ROADS / BUILDING
MAHARASHTRA ZONE-I
Unskilled Semi Skilled Skilled
Basic P.M. 4750.00 4850.00 4950.00
Spl. Allowance P.M. 2004.90 2004.90 2004.90
Per Month 6754.90 6854.90 6954.90
Per Day (Divided by 26) 259.80 263.65 267.50

MAHARASHTRA ZONE-II

Unskilled Semi Skilled Skilled
Basic P.M. 4550.00 4650.00 4750.00
Spl. Allowance P.M. 2004.90 2004.90 2004.90
Per Month 6554.90 6654.90 6754.90
Per Day (Divided by 26) 252.11 255.96 259.80

MAHARASHTRA ZONE-III

Unskilled Semi Skilled Skilled
Basic P.M. 4350.00 4450.00 4550.00
Spl. Allowance P.M. 2004.90 2004.90 2004.90
Per Month 6354.90 6454.90 6554.90
Per Day (Divided by 26) 244.42 248.27 252.11

Dear all
some body help me , I have recently joined in manufacturing company , this year only we want to introduce VDA , kindly suggest me how to calculate and please give me brief description of vda
thanks & regards
venkat