This Consumer Price Index is calculated on the basis of the index price in 2001 is 100 and in July, 2010 it was 11.25%, in August 2010 it was 9.88% in September, 2010 the Consumer Price Index was 9.82%, in October, 2010 it was 9.7% and in November, 2010 it was 8.33%. This index rate is calculated on the basis of the price difference of essential things like Rice, Wheat Atta, Mustard Oil, Chillies , Clothing, Turmeric powder, vegetable, fish etc. etc.
The Indices in respect of the six major centers are as follows
1. Ahmadabad – 183
2. Bangalore – 186
3. Chennai – 169
4. Delhi – 169
5. Kolkata – 180
6. Mumbai – 184
The difference in consumer price index influences the cost of living. So the Dearness allowance etc. is calculated without the difference of price index. Dearness allowance (July and January) is calculated on the basis of averages consumer price index for the last six months.
D.A from January 2011
As per our earlier post the chances of next DA will be 6%. Kindly see our earlier post.
Expected D.A for Central Government Employees is 6% from January 2011
The Impact when DA cover 50% range
Kindly see our earlier post for the impact of DA crosses 50% range
Expected Dearness Allowance from January 2011 and its impact
Every individual person those who have a taxable income should submit income tax return. IF your income is more than Rs. 160000 (for Gents), Rs. 190000 (for Ladies) and Rs. 265000 (for Senior citizen – those who have completed 65 … Continue reading ?
There are new job vacancies published in the Employment News edition 22nd January, 2011 and 28th January, 2011. For detailed advertisement please visit the website of Employment News or read the related issue. The Educational qualifications, work experience, maximum age … Continue reading ?
All we work for earning money to survive in this money dominating world. Without money we cannot support our family and give good education to our children etc. The price of all necessary items is skyrocketed and a common man … Continue reading ?