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  • Calculation of Dearness Allowance (DA) in India

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    Calculation Of Dearness Pay Dearness allowance (DA) is paid to employees to help offset rising costs of living due to inflation. DA is calculated based on the all India consumer price index and increases when the index rises above a certain level. Other allowances such as club membership, provident fund, pension, medical, lunch, telephone, transport, uniform, and tiffin are also provided to employees.

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    Calculation of Dearness Pay

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    Calculation of Dearness Pay

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    Calculation Of Dearness Pay Dearness allowance (DA) is paid to employees to help offset rising costs of living due to inflation. DA is calculated based on the all India consumer price index and increases when the index rises above a certain level. Other allowances such as club membership, provident fund, pension, medical, lunch, telephone, transport, uniform, and tiffin are also provided to employees.

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    71 views3 pages

    Calculation of Dearness Allowance (DA) in India

    Uploaded by

    svpriya233282
    Calculation Of Dearness Pay Dearness allowance (DA) is paid to employees to help offset rising costs of living due to inflation. DA is calculated based on the all India consumer price index and increases when the index rises above a certain level. Other allowances such as club membership, provident fund, pension, medical, lunch, telephone, transport, uniform, and tiffin are also provided to employees.

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    Calculation Of Dearness Pay

    It is a allowance paid to the employees in order to enable them to face the increasing dearness of essential commodities. It serves as a cushion, a sort of insurance against increase in price level of commodities. DA is paid to neutralise the effect of inflation.

    DA in India is linked to three factors : 1. The Index Factor (All India Consumer Price Index) 2. The Time Factor (linked to a rise in AICPI) 3. The Point Factor (DA rises with the rise in the number of index points above a specific level)

    Other allowances like club membership, provident fund, pension, medical, lunch, telephone, transport, uniform, tiffin etc

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