STATEMENT SHOWING DETAILS OF DEARNESS ALLOWANCE PAYABLE WITH EFFECT FROM 01/04/2022 BASED ON THE AVERAGE CONSUMER PRICE INDEX OF CHENNAI CITY
Karma Management Global Consulting Solutions Pvt. Ltd has been in the business of Payroll, Outsourcing, and Regulatory Compliances from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its role, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding Management, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.
Karma Global has a system to regularly track the announcement of minimum wages declared and also the consumer price index announced from time to time and in this respect, Karma makes it a regular point to inform all its stakeholders ranging from business owners to vendors partners, contractors, SME clients, associates on the minimum wages and consumer price index in an explanatory manner understood by all.
Office of the Commissioner of Labour, Chennai – Dated 16.03 2022
Statement Showing Details of Dearness Allowance Payable With Effect From 01/04/2022 Based On The Average Consumer Price Index Of Chennai City For The Calendar Year 2021 In Respect Of Various Scheduled Employments Notified Under The Minimum Wages Act 1948,
AVERAGE POINTS FOR CHENNAI CITY FOR THE CALENDAR YEAR 2021:
BASE YEAR 2001=100 306 Points
BASE YEAR 1982=100: 1,515 Points
BASE YEAR 1960=100 7,651 Points
For greater details, attached is the notification