Dearness allowance (DA) is the amount paid to government employees, public sector union employees (PSU) and pensioners for adjusting the cost of living in India and Bangladesh. The government decides on the monthly dearness allowances to its employees once the All India Consumer Price Index for Industrial Workers (AICPI)(IW) issues its statistics. In case of PSU employees, the DA is declared quarterly by DPE (Department of Public Enterprise). This online finance calculator helps you to calculate the expected DA for the corresponding months with inputs from (AICPI)(IW) and DPE.
Dearness allowance (DA) is the amount paid to government employees, public sector union employees (PSU) and pensioners for adjusting the cost of living in India and Bangladesh. The government decides on the monthly dearness allowances to its employees once the All India Consumer Price Index for Industrial Workers (AICPI)(IW) issues its statistics. In case of PSU employees, the DA is declared quarterly by DPE (Department of Public Enterprise). This online finance calculator helps you to calculate the expected DA for the corresponding months with inputs from (AICPI)(IW) and DPE.
Every time, the salary structure is revamped, wherein there will be a certain hike in the Expected DA (Dearness allowance) % of the salary.
