The Union Cabinet has approved enhancement of DA from January 2023 and from now our focus will be on Expected DA From July 2023.
DA Calculator From July 2023
So far 8 Months AICPIN Points were released by Labour Bureau and still we need 4 Months CPI Points from March to June 2023 to calculate the exact rate of DA from July 2023. But the Gservants Team has developed a online Calculator to calculate the approximate Dearness Allowance from July 2023 by assuming the remaining 4 months AICPIN Points. The Expected DA Calculator for July 2023 is provided below and click here to know the AICPIN points for all months starting from July 2022 and expected DA in 2023.
Expected DA Calculator from July 2023
Calculate
Month/ Year | CPI(IW) BY2016=100 | DA% Monthly Increase |
July 2022 | 129.9 | |
August 2022 | 130.2 | |
September 2022 | 131.3 | |
October 2022 | 132.5 | |
November 2022 | 132.5 | |
December 2022 | 132.3 | |
January 2023 | 132.8 | |
February 2023 | 132.7 | |
March 2023 | 133.3 | |
April 2023 | 134.2 | |
May 2023 | 134.7 | |
June 2023 |
Expected DA from January 2023 |
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What is the current rate of DA ?
After the approval of the cabinet for enhancement of DA from January 2023, the current rate of DA is 42% of the basic pay with effect from 1.1.2023
How much DA increase can be expected from July 2023 %
As per the available AIPCIN Points we can expect 4% increase in DA from July 2023
What is the Formula to calculate the rate of DA ?
[Average of CPI-IW for the past 12 months x 2.88]-(261.4)X100/261.4
From which Months AICPIN required to calculate of July 2023 DA ?
The 12 Months AICPIN starting from July 2022 to June 2023 are required for calculate exact rate of DA from July 2023
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