Sixth pay commission latest news: DIY : Calculate your new Salary

DIY : Calculate your new Salary

Fixation of Pay as on 01.01.2006:

Old basic = 7500 ( in pre revised scale S-14 = 7500 - 250 - 12000)

Revised Pay Band = PB-2 = 9300-34800

Grade Pay = 4800

New Basic pay as on :

01.01.2006 = Old basic pay X 1.86 + Grade Pay = 7500 X 1.86 + 4800 = 18750

01.07.2006 = 18750 X 1.03 = 19313

01.07.2007= 19313 X 1.03 = 19892

01.07.2008 = 19892 X 1.03 = 20489

Transport allowance for A1 city from 01.09.2008= 1600

HRA for A1 city = 30 % of new basic from 01.09.2008 = 0.3 x 20489 = 6147

DA on new basic and transport allowance( but TA will be given from 1.09.2008) = revised DA is 16 % effective from 01.07.2008 = 0.16 X ( 20489 + 1600) = 3524

Total Emoluments from 01.09.2008 = New basic pay + TA + HRA + DA ( on new basic pay + TA) = 20489+1600+6147+3524
= Rs 31760

Total Revised Gross Pay from 01.09.2008 = Rs 31760.

Total Pre revised gross pay as on 01.08.2008

= old basic X 1.5 X 1.54( 7% additional DA will be effective from 01.07.08 in pre revised scale 47+ 7 = 54%) + TA + HRA + CCA = (7500X1.5 X 1.54)+ 400 + (0.3 X 7500 X1.5) + 300
= 17325 + 400 + 3375 + 300 = 21400

Gross pre revised Pay as on 01. 08. 2008 = 21400

Absolute hike in gross salary = Gross revised salary - gross pre revised salary = 31760 - 21400 = 10360

Percentage (%) hike in Gross salary = (10360/21400 ) X 100 = 42 %

Notes:

1. It is assumed that he has not got any promotion between 01.01.2006 to 01.09.2008. If one got promotion between 01.01.2006 and 01.09.2008, one additional increment of 3% of new basic pay will be given plus his revised grade pay after promotion will be added for calculating new basic pay. In above sample calculation, if someone got promotion in 01.08.2007 from pre revised scale S-14 (= 7500 - 250 - 12000) to S-15 scale (8000 - 275 - 13500), this scale is now upgraded in PB-3 ( 15600 - 39100) with grade pay 5400.

Therefore he will get one additional ancrement on 01.08.2007
New Basic pay as on
01.08.2007 = 19892 X 1.03 + 5400 ( new grade pay) - 4800 (old grade pay) = 21089
01.07.2008 = 21089 x 1.03 = 21721
Remaining calculation for TA, HRA and Da will remain as it is.

2. He is staying in Class A-1 city.

3. He is not using official transport, therefore eligible for transport allowance.

4. Revised Da will be effective 2% from 01.07.2006, 6% from 01.01.2007, 9% from 01.07.2007, 12 % from 01.01.2008 and 16 % from 01.07.2008.

Source : StaffCorner.com



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