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unread,Apr 5, 2016, 10:08:39 AM4/5/16Sign in to reply to author
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Dear Friends,
It is noted that discussion is going on based on old message. The original post on 100% DA calculation is dated 16.12. 2012 and the Excel sheet prepared based on DA rate for the period Aug 2012 to 31st January 2013.As on date DA rate is different and the inputs may vary accordingly.
It seems that Mr Tandra Dutta might have forwarded the same now, to this column without looking into details of attachment in the old post and subsequent changes taken place in DA rate.
Friends, it is better to take little care, while forwarding such old messages, under the blog,which may only create further confusion in the minds of retirees,since the DA rates of 2013 and 2016 are different and impact too may vary.
Reality is, 100% DA issue is pending before apex court which may likely to be listed for hearing on 25 .4.2016,and may take time for final verdict.Reported 'Cost factor analysis' of IBA may also not yet found finalised.
Under this back ground,retirees can only wait and hope for an early positive outcome .