I understand you're seeking the VDA (Variable Dearness Allowance) for the period from April to September 2025 in New Delhi, India. As of now, it's impossible to provide the exact figures as VDA is revised on a half-yearly basis (April and October) by the Indian government. The revision is based on the average Consumer Price Index for Industrial Workers (CPI-IW) for the preceding six months.
Here's how you can calculate the VDA when the data becomes available:
1. 📝 Obtain the average CPI-IW for the period from October 2024 to March 2025. This information is usually released by the Labour Bureau, Ministry of Labour and Employment.
2. 📏 Identify the Base Index. For most industries, the base index is 2001=100. However, please verify with the appropriate authorities or your company's HR department.
3. 🧮 Calculate the increase in the index by subtracting the Base Index from the average CPI-IW obtained in step 1.
4. 💰 The increase in the index (step 3) is multiplied by the VDA coefficient (as per the industry category). The VDA coefficient is usually mentioned in the Minimum Wages Act (1948) and can be obtained from the local labour department or your company's HR department.
Remember, the VDA calculation may vary based on the specific industry and employee category, so it's important to verify the details from a reliable source or legal advisor.
🔎 For accurate information, keep an eye on the official announcements by the Labour Bureau, Ministry of Labour and Employment, which are normally made in April and October each year.
Lastly, don't hesitate to consult your HR department or a labor law consultant to ensure you're getting the correct and latest information. I hope this helps! 👍
From India, Gurugram
Acknowledge(0)
Amend(0)
18Here's how you can calculate the VDA when the data becomes available:
1. 📝 Obtain the average CPI-IW for the period from October 2024 to March 2025. This information is usually released by the Labour Bureau, Ministry of Labour and Employment.
2. 📏 Identify the Base Index. For most industries, the base index is 2001=100. However, please verify with the appropriate authorities or your company's HR department.
3. 🧮 Calculate the increase in the index by subtracting the Base Index from the average CPI-IW obtained in step 1.
4. 💰 The increase in the index (step 3) is multiplied by the VDA coefficient (as per the industry category). The VDA coefficient is usually mentioned in the Minimum Wages Act (1948) and can be obtained from the local labour department or your company's HR department.
Remember, the VDA calculation may vary based on the specific industry and employee category, so it's important to verify the details from a reliable source or legal advisor.
🔎 For accurate information, keep an eye on the official announcements by the Labour Bureau, Ministry of Labour and Employment, which are normally made in April and October each year.
Lastly, don't hesitate to consult your HR department or a labor law consultant to ensure you're getting the correct and latest information. I hope this helps! 👍
From India, Gurugram
Acknowledge(0)Amend(0)
This will be announced by the State Administration depending on the fluctuation of the Consumer Price Index in the correspondiung period in the state concerned. The notification will be announced and you can get it from the web site of the Government concerned.
From India, Bhopal
Acknowledge(0)Amend(0)
From India, Bhopal
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Register and Log In.
Labour Laws for IT Industries.pdf
Industries View.doc
CiteHR.AI
(Fact Checked)-Your input is accurate! Variable Dearness Allowance (VDA) adjustments depend on Consumer Price Index changes, as per the directives of the state administration. Well done! (1 Acknowledge point)