hit counter

Expected DA Calculator from July 2024 | 54% for CG Employees!

Expected DA Calculator from July 2024 | 54% for Central Govt Employees!

Expected DA Calculator from July 2024 for Central Government Employees: The Expected DA Calculator from July 2024 for Central Government Employees on our website, admissionportal.in, is a tool that predicts the Dearness Allowance for the upcoming installment. Dearness Allowance (DA) is a crucial component of the salary for Central Government employees, pensioners, and family pensioners. It is calculated based on the basic salary or basic pension and is subject to revision twice a year.

Expected DA Calculation Overview – July 2024

TopicExpected DA Calculator
BeneficiariesCG Employees & Pensioners
AICPINAll India Consumer Price Index Number
CPI-2001AICPIN (IW) BY 2001
CPI-2016AICPIN (IW) BY 2016
Formula7th Pay Commission
Release DateJanuary & July of Every Year
Current DA Rate50% from January 2024
Expected DA Rate54% from July 2024
Home PageClick Here

How to Calculate Dearness Allowance (DA)?

The Dearness Allowance calculation for Central government employees and pensioners adheres to the guidelines set forth by the 7th Pay Commission. The process is straightforward, as outlined in the formula provided below, along with detailed steps on how to perform the calculation.

Dearness Allowance (DA) = (Current Index-Average Index) / Average Index X 100

The calculation of Dearness Allowance (DA) relies on two key factors. The first factor is the Current Consumer Price Index, which is published monthly by the Labour Bureau. The second factor is the Average Consumer Price Index, which represents the average index from the previous period of CPI (IW) BY-2001.

The base year for the CPI index was updated from 2001 to 2016 in September 2020. To calculate the Dearness Allowance (DA), the first step involves adjusting the AICPIN data to align with the new base year and then proceeding with the computation.

Also Check: AICPIN Table 2024

Expected DA Calculator July 2024

MonthCPI 2001CPI 2016DA%
Jan-2024400138.950.85
Feb-2024400138.951.43
Mar-2024400138.951.94
Apr-2024400138.952.38
May-2024400138.952.77
Jun-2024400138.952.99

AICPIN: Importance of Calculating DA Explained

Understanding AICPIN: Importance in Calculating DA: AICPIN is the key factor in calculating the Dearness Allowance for Central Government employees and Pensioners. The CPI (Consumer Price Index) for Industrial Workers with Base Year 2016=100 is the latest version used for DA calculation. The Labour Bureau releases the data for the previous month on the last day of every month. If you want to calculate the DA percentage for the current month, you have to keep for 12 months previous AICPIN number including the current month. You can calculate with the easy steps explained below.

Also Check: DA and DR Rates Table 2024

Calculate Expected DA July 2024 | Easy Step-by-Step Guide

The calculation of Expected Dearness Allowance (DA) follows a straightforward process, albeit reliant on the data of Consumer Price Index (CPI) points from the preceding 12 months. This data is crucial in utilizing the formula stipulated by the 7th Pay Commission, which has been in effect since 2016.

  1. To calculate the Dearness Allowance (DA) for January 2024, it is essential to analyze the All India Consumer Price Index for Industrial Workers (AICPIN) data for the period from January 2023 to December 2023, covering a duration of 12 months.
  2. The average of this data should be determined. Subsequently, with the given Fitment Factor of 261.42, the excess value of the Fitment Factor must be computed.
  3. The resultant figure, when rounded to a whole number without decimal points, represents the percentage of Dearness Allowance (DA).
MonthAICPIN 2016AICPIN 2001
Jan-2023132.8382
Feb-2023132.7382
Mar-2023133.3384
Apr-2023134.2386
May-2023134.7388
Jun-2023136.4393
Jul-2023139.7402
Aug-2023139.2401
Sep-2023137.5396
Oct-2023138.4399
Nov-2023139.1401
Dec-2023138.8400
12 Months Total4714
12 Months Average 1636.8
% Increase Over 261.4250.26
Jan 2024 DA%50

DA Calculation Sheet – Calculate Your DA with Ease!

Month/YearDA%
July 202562%
January 202558%
July 202454%
January 202450%
July 202346%
January 202342%
July 202238%
January 202234%
July 202131%
January 202128% (Paid from July-21)
July 202024% (Not Paid)
January 202021% (Not Paid)
July 201917%
January 201912%
July 20189%
January 20187%
July 20175%
January 20174%
July 20162%
January 20160%

July 2024 DA Calculation in 6 Stages | Jan-Jul 2024

DA from July 2024: The ongoing calculation of Dearness Allowance with effect from July 2024 is encountering critical challenges! The main component used for calculating the All India Consumer Price Index for Industrial Workers (AICPIN) data is not being released accurately by the Labour Bureau, leading to delays and uncertainties. It is anticipated that the issues causing delays in calculating the Dearness Allowance for July 2024 will be resolved and clarified in the upcoming days as more information becomes available.

The initial phase of Dearness Allowance (DA) calculation for Central Government employees and pensioners beginning from July 2024 has been successfully concluded. In accordance with the formula outlined by the 7th Pay Commission, the DA percentage has risen to 50.85%.

The progression to the second stage has been delayed due to the non-publication of the All India Consumer Price Index (AICPIN) for February 2024 by the Labour Bureau as scheduled for 28th March 2024. For additional details, please refer to the provided link for further insights.

The third stage process is scheduled for completion on April 30, 2024. However, the Labour Bureau has not yet released the AICPIN data as per the designated timeline. Consequently, the calculation of Dearness Allowance (DA) for February and March 2024 remains pending.