on ‎2018 Mar 17 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
Request clarification before answering.
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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