on 03-17-2018 2:03 PM
Dear All,
There was a requirement for adding in table-V_T7IND3 the current value of Dearness allowance consumer price index value.
Please can you let me know how the variable dearness allowance is calculated with an example -is it a percentage of the basic pay or the fixed dearness allowance.
Please can you guide me.
Regards,
PP
Hello Mr. Prasad,
The value of VDA is calculated as follows:
(Rs./index) * (Current Value - Ref Value)
Here, Rs./index is picked from T7IND5.
Current Value and Reference Values are picked from T7IND3.
Best Regards,
Aman
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