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Monday, July 7, 2014
EXPECTED DA FROM JULY 2014 -LATEST UPDATE
HOW MUCH DA WILL GET FROM JULY 2014?
The value of AICPIN was released some days ago. It is found to be higher by two points and now it stands at 244. In order to correctly calculate the DA that we will get next month, we need the value of the AICPIN for one more month.
Percentage of DA: In our previous article, titled “Expected DA July 2014,” we had written that the DA may increase by 6% However, the value of the AICPIN for the past two months has increased more than expected. If the AICPIN value increases or decreases or remains the same, the value of the DA% may increase up to 107%. A timetable about possible DA increase has been provided below.