Govt instruct IBA to settle BPS in 15 Days

*Govt instruct IBA to settle BPS in 15 Days*
Oct 15, 2017 11.40 AM
The finace minister of India today instruct IBA to complete the settlement process strictly in just 15 days. The finance minister P S Saheny asks why the IBA still attends meetings and why IBA have neglect the order of GOI to implement settlement on timely.
     It seems that govt is in strict mood towards the merging of PSU banks so it asks IBA to settle the 11th BPS in 15 days. Now it is the clear picture that this time settlement will take place with no bar of time... The good days of bankers are coming ahead...

This post is just :Mungeri Lal K Haseen Supne" Dont break your heart. Sabke acche din aynge.....

Also read Expected DA for Bank Employees from November 2017

How DA is calculated... ???

In this post you will know how your DA is calculated.


DA for Bank employees is revised every quarter, which increases or decreases based on the CPI (Consumer Price Index. Consumer Price Index is released by Ministry of Labour, Govt. of India on monthly basis based on year 2001.
Here is how to calculated DA for bank employees:

1. Collect the month wise CPI data for last quarter (Jan-Mar, Apr-Jun or Jul-Dec).
2. The CPI is converted using conversion factor 4.63 and 4.93 to link the same to base year 1960.

For example CPI for April, May and June 2016 was 271,  275 and 277.
By applying conversion factor:

                        Apr                              May                              Jun
              271 x 4.63 x 4.93         275 x 4.63 x 4.93 277 x 4.63 x 4.93
                   6,185.82                       6,277.12                       6322.28

      3. Average CPI works our to 6261.91
      4. Deduct 4440 slabs from average CPI (calculated in step 2). 4440 DA slabs have been merged in 11th bipartite settlement. [6262-4440 = 1822.]

      5. Divide 1822 by 4 to convert to quarterly DA slabs [1822/4 = 455] as the figure is annual.
      6. According DA slab for next quarter will be 455 on which 0.10% is payable as DA.
      7. So DA payable for next quarter (Aug to Oct 16) will be 45.50%.
      8. By deducting the same from previous quarter DA, increase in DA can be calculated.
      9. Calculate average of CPI data for last quarter (3 months).

DA is calculated based on CPI data of quarter ending one month before the quarter for which DA is payable becuase CPI data is released by Ministry of Labour on the last day of next month.
DA is revised for bankers every quarter i.e., Feb-Apr, May-Jul, Aug-Oct and Nov-Jan.

Expected DA for Bank Employees from November 2017 to JANUARY 2018
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Expected DA for Bank Employees from November 2017

Consumer Price Index (CPI) for the month of August 2017 has also been published by Labour Bureau, which is 285 i.e., at the same level as that for the month of July 2017. And if CPI for the next months i.e., September 2017 remains same at the same level (285) as that for the month of July 2017 and August 2017, DA slabs for the next quarter, November 2017 to January 2018 will be 516 i.e., 51.60 %. That means, bankers’ DA from November 2017 is expected to increase by 3.80%  from the present quarter (which is 47.80%). Dearness Allowance for bankers had declined consecutively for previous two quarter before the same increased by 2.20% during the quarter Aug-Oct 17.

CPI for the month of July 2017 and August 2017 is 285. Converting the CPI by multiplying with conversion factor (4.63 x 4.93) , it works out to 6505.38 (average will be same assuming that CPI will remain constant for the month of September 2017 also).

By deducting 4440 slabs (which were merged in basic pay in 10th bipartite settlement), works out to 516.35 for the quarter (rounded off to 516).
I’ll update the update about the actual Dearness Allowance for November 2017 to January 2018, next month on the release of CPI data for the month of September 2017.

Keyboard Dancing Led Light Trick

 

 

Today I will be showing you an interesting trick which will let your keyboard led light to dance. Basicaly we will be creating a vbscript to make caps lock, num lock and scroll lock to perform this trick. So lets get started.

How to do that ?
1. Open Notepad and copy below codes into it.

Set wshShell =wscript.CreateObject("WScript.Shell")
do
wscript.sleep 100
wshshell.sendkeys "{CAPSLOCK}"
wshshell.sendkeys "{NUMLOCK}"
wshshell.sendkeys "{SCROLLLOCK}"
loop

2. Then save this file as led.vbs (.vbs is must)
3. Open your save file and see your keyboard led blinking like disco lights.

How to disable blinking Led ?

1. First open Task Manager [ctrl+alt+del ]
2. Then Go to process tab.
3. Select wscript.exe
4. Click on End process. 

      Now Share this post if u like this.......

 

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1. screenr.com – Record movies of your desktop and send them straight to YouTube.
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3. Goo. gl – Shorten long URLs and convert URLs into QR codes.
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6.copypastecharacter.com– Copy-paste special characters that aren’t on your keyboard.
7. topsy.com –A better search engine for twitter.
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28. fontsquirrel.com –A good collection of fonts – free for personal and commercial use.
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30. tineye.com – This is like an online version of Google Googles.
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32. tabbloid.com –Your favorite blogs delivered as PDFs.
33. join. me – Share your screen with anyone over the web.
34. onlineocr.net –Recognize text from scanned PDFs and images – see other OCR tools.
35. flightstats.com –Track flight status at airports worldwide.
36. wetransfer.com –For sharing really big files online.
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38.polishmywriting.com –Check your writing for spelling or grammatical errors.
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41.whichdateworks.com –Planning an event? Find a date that works for all.
42. everytimezone.com– A less confusing view of the world time zones.
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44. gtmetrix.com – The perfect tool for measuring your site performance online.
45. imo.im – Chat with your buddies on Skype,Facebook, GoogleTalk, etc from one place.
46.translate.google.com– Translate web pages,PDFs and Office documents.
47. youtube.com/leanback – Sit back and enjoy YouTube videos in full-screen mode.
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53. lmgtfy.com – When your friends are too lazy to use Google on their own.
54. tempalias.com –Generate temporary email aliases, better than disposable email.

55. pdfescape.com –Lets you can quickly edit PDFs in the browser itself.
56. faxzero.com – Send an online fax for free– see more fax services.
57. feedmyinbox.com –Get RSS feeds as an email newsletter.
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65. example.com – This website can be used as an example in documentation.
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71. seatguru.com –Consult this site before choosing a seat for your next flight.
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83. mailvu.com – Send video emails to anyone using your webcam.
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101. nutshellmail.com– Get your Facebook and Twitter streams in your Inbox.
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