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The formula used for DA calculation for the employees working in public sector units, including PSU banks, is different than the one used for other central government departments.
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8th Pay Commission: Proposal to impact DA, DR calculation ... - MSNThe letter emphasizes uniform DA/DR calculation, noting bank employees' DA is revised quarterly. Other central government employees lose 0.9% DA in six months.
The letter has insisted on uniform DA/DR calculation, saying that the DA of bank employees is revised on a quarterly basis. Other central government employees lose 0.9% DA in six months.
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