Caluclation of Dearness Allowance for the month of August 2021: The All-India CPI-IW for August 2021 increased by 0.1 point and stood at 123.0 (one hundred twenty three). On 1-month percentage change, it increased by 0.16 per cent with respect to previous month compared to an increase of 0.60 per cent recorded between corresponding months a year ago.
AICPIN for August = 123.0 x 2.88 = 354.24
How to calculate DA for KV Teachers and Staff?
The current rate of Dearness allowance multiply with your basic salary is Dearness allowance. For example, the existing rate of percentage is 28%, if your basic salary is Rs. 49000. The DA is (49000 x 28) /100 = 13720.