• Skip to main content
  • Skip to primary sidebar
  • Home
  • AICPIN
    • AICPIN for June 2022
  • Jan 2023 DA Calculator
    • Expected DA from January 2023 Calculation
  • Pay Matrix
    • 7th CPC Pay Matrix Table
  • Holidays 2022
  • Salary Calculator 2022
  • Contact Us
Gservants News

Gservants News

Latest Central Govt employees news today and 7th CPC pay matrix

Revised 7th CPC Pay Matrix
7th CPC Pay Matrix Level 1 to 5
7th CPC Pay Matrix Level 6 to 9
7th CPC P Matrix Level 10 to 12
7th CPC P Matrix Level 13 to 14 
7th CPC P Matrix Level 15 to 18
Right time to demand the constitution of 8th Central Pay Commission
Expected DA Calculator from January 2023
New Salary Calculator for CG Staff
Fitment Factor 3.68 and Minimum Pay Rs.26000
Fitment Factor and Pay Matrix Table

Dearness Allowance payable to Bank employees for the months of August, September and October 2015

August 6, 2015 G. Buvaneswari

Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2015 under X BPS/ Joint Note dated 25.5.2015

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&IR/76/D/2015-16/1159

August 3, 2015

All Members of the Association
(Designated Officers)

Dear Sirs,

Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2015 under X BPS/ Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended June 2015 are as follows:-

April, 2015 – 5843.43

May, 2015 – 5889.08

June, 2015 – 5957.56

The average CPI of the above is 5896. Consequently, Dearness Allowance payable to employees is for 364 slabs for the period August, September & October 2015 i.e. an increase of 27 slabs over the current level.

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015 the rate of Dearness Allowance payable to workmen and officer employees for the months of August, September & October 2015 shall be 36.40% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

We advise banks to pay the difference between the old and revised salary and allowance to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Yours faithfully,
sd/-
Senior Vice President

PS : The DA Payable under IXth Bipartite Settlement/Joint Note dated 27.04.2010, is @ 114.75% (5896-2836=3060/4 i.e 765 slab @ 0.15% per slab).

Authority : www.iba.org.in

Related posts:

  1. Fake Order for Payment of Dearness Allowance is being circulated : Finmin Clarification
  2. Delay in Announcement of DA Hike from January 2015
  3. Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 1.1.2015
  4. Rates of Dearness Allowance from 1.1.2015 to Central Government employees continuing in pre revised Pay

TYPE HERE THE RELATED WORD AND SEARCH ORDERS

Reader Interactions

Leave a Reply

You must be logged in to post a comment.

Primary Sidebar

Latest 7th CPC Calculators

New Salary Calculator 2023
Promotion Pay Fixation Calculator
7th CPC Gratuity calculator
In hand Salary calculator 2023
DA Calculator from July 2023
7th CPC Pension Calculator
7th CPC Commutation calculator
CGEGIS Benefits Calculator
Night Duty Allowance Calculator

7TH CPC PAY MATRIX

7th CPC Pay Matrix Level 1 to 5
7th CPC Pay Matrix Level 6 to 9
7th CPC P Matrix Level 10 to 12
7th CPC P Matrix Level 13 to 14 
7th CPC P Matrix Level 15 to 18

Central Govt Holidays 2023

Central Govt Holidays 2023
Compulsory Holidays and Restricted Holidays 2023

Latest DA and DR News

Expected DA Calculator from January 2023
18 Months DA Arrears Latest News 2023
DA Arrears Loss Calculator for 18 Months
DR Loss calculator for Freezing Period

LTC Eligibility and Block Year

LTC Rules for New Recruits
Current LTC Block is 2022-2025
LTC Block Year 2018-2021
LTC Carry Forward 2018-2021
LTC FAQ for New recruits
LTC by Air Travel guidelines
LTC by Air to NER, JK and AN
LTC 80 Air Fare Latest
Booking LTC Air Tickets

© 2010–2023 . gservants.com by Gservants News-Central Government Employees News