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Saturday, July 31, 2010

Dearness Allowance Due w.e.f 01.07.2010

The CPI (IW) i.e. Consumer Price Index for Industrial Workers at the end of June 2010 has touched 174, meaning thereby that Dearness Allowance will rise to 45% w.e.f 01.07.2010 as against the existing rate of 35%. As such, the DA hike of 10% is due w.e.f. 01.07.2010. Orders of the Govt. for the revised DA are expected in September, as usual.
The CPI(IW) Index can be seen by visiting the following website of Labour Bureau, the link to which is also provided in this blog in right hand side bar.

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