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Saturday, 21 November 2015

7th Pay Commission Basic Pay Calculation Method in brief with illustration

7th Pay Commission Basic Pay Calculation Method in brief with illustration Know Easy steps to Calculate your 7th Pay Commission New Pay Scale 7th Pay commission simplified the calculation for arriving revised Pay through new 7th CPC Pay Metrix We here illustrate the method through easy 6 Steps to calculate our 7th CPC New Pay and Allowances to know your self Lat us Assume you are drawing Grade Pay Rs.4200 and Pay in the Band Pay Rs.12110 To...
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7th CPC: Highlights of 7th Central Pay Commission Recommendations

7th CPC: Highlights of 7th Central Pay Commission Recommendations Recommended Date of implementation: 01.01.2016 Minimum Pay: Based on the Aykroyd formula, the minimum pay in government is recommended to be set at Rs.18,000 per month. Maximum Pay: Rs.2,25,000 per month for Apex Scale and Rs.2,50,000 per month for Cabinet Secretary and others presently at the same pay level. Financial Implications:The total financial impact in the FY...
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7th Pay Commission Standard Pay Scale : Pay matrix with distinct Pay Levels

7th Pay Commission Standard Pay Scale : Pay matrix with distinct Pay Levels   Seventh CPC is recommending a Pay matrix with distinct Pay Levels instead of Running Pay bands and Grade Pay.   The new pay matrix for civilian employees Source:  http://7cpc.india.gov.in/ ...
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Multiplication Factor / Fitment Formula recommended by 7th Pay Commission

Multiplication Factor / Fitment Formula recommended by 7th Pay Commission 7th CPC recommended the Multiplication Factor proposed is 2.57 Fitment : The starting point for the first level of the matrix has been set at Rs. 18,000. This corresponds to the starting pay of Rs.7,000, which is the beginning of PB-1 viz., Rs.5,200 + GP 1800, which prevailed on 01.01.2006, the date of implementation of the VI CPC recommendations. Hence...
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7th CPC Pay Fixation with examples

7th CPC Pay Fixation with examples Pay Fixation in the New Pay Structure : The fitment of each employee in the new pay matrix is proposed to be done by multiplying his/her basic pay on the date of implementation by a factor of 2.57.  The figure so arrived at is to be located in the new pay matrix, in the level that corresponds to the employee’s grade pay on the date of implementation, except in cases where the Commission...
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5 Percent DA July 2019 Hike Order - Grant of Dearness Allowance to Central Government employees

Grant of Dearness Allowance to Central Government employees 5 Percent DA July 2019 Hike Order  No. 1/3/2019-E- II (B) Government of...

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