Tuesday 31 January 2017

Expected DA From January Only 2%

Expected DA From January Only 2%


December ’16 AICPN ( 275 ) has been released yesterday (31st Jan 2017) with that DA is almost fixed @ 2% ( total 4%). Though this is not the final figure because the Union are protesting against the DA %. If there are any changes to DA%, we will update you at the earliest.
We did expect this DA% due to 261.4 Average base and in future if this figures get altered, then we can expect a DA% change too.
As we have written before, this was expected due to demonetisation of 500 & 1000 rupees’ currencies. The dip of 2 points in AICPN value compared to Nov’16, Demonetization is also one of the reason.

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