Sir, I want to know the new DA rates for the PSU employees w.e.f. July 2011. S.C.SRIVASTAVA
From India, Jabalpur
Acknowledge(0)
Amend(0)
From India, Jabalpur
Acknowledge(0)Amend(0)
Dear Srivasthava,
As you know, the Industrial DA from 1.4.2011 onwards is 47.2% for the 1.1.2007 scale and 148.6% for the 1.1.1997 scale. This is due to the average AICPI of December 2010 (185 points), January 2011 (188 points), and February 2011 (185 points).
Now, the Industrial DA will continue at 47.2% for the 1.1.2007 scale and 148.6% for the 1.1.1997 scale with no difference. This is the result of the average AICPI of March 2011 (185 points), April 2011 (186 points), and May 2011 (187 points).
Abbas.P.S, ITI Ltd, PALAKKAD - 678 623.
From India, Bangalore
Acknowledge(0)Amend(0)
530As you know, the Industrial DA from 1.4.2011 onwards is 47.2% for the 1.1.2007 scale and 148.6% for the 1.1.1997 scale. This is due to the average AICPI of December 2010 (185 points), January 2011 (188 points), and February 2011 (185 points).
Now, the Industrial DA will continue at 47.2% for the 1.1.2007 scale and 148.6% for the 1.1.1997 scale with no difference. This is the result of the average AICPI of March 2011 (185 points), April 2011 (186 points), and May 2011 (187 points).
Abbas.P.S, ITI Ltd, PALAKKAD - 678 623.
From India, Bangalore
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Effective date TNLWF Amendment.pdf
Automated TDS with Form-16 for PSU employees for Financial Year 2011-2012.xls