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Showing posts with label 7th CPC Pay Scale Calculator. Show all posts
Showing posts with label 7th CPC Pay Scale Calculator. Show all posts

Friday, 4 March 2016

How to calculate your revised pay with 7th CPC Pay Calculators?

How to calculate your revised pay with 7th CPC Pay Calculators?

7thCPC-Pay-Calculator-7CPC

“Our 7th CPC Pay and Allowances Calculator is a simple tool for finding new basic pay and allowances of Central Government employees as per the recommendations 7th CPC as on 1.1.2016.”

Three months have passed since the 7th Pay Commission submitted its recommendations to the government, but still little bit confusion persists in using of our calculator. So, we have to explain how the calculator is working and how to calculate with this tool.

First option is the calculator needs your current basic pay as on 1.1.2016. Basic pay means Pay in the pay band + Grade pay. Suppose your Grade pay is 4200 and your pay in the pay band is 10500 means, you have to enter 14700 as basic pay in the first option.

This figure helps you to find out your new and revised basic pay as per the recommendations of 7th CPC.
2nd option is the tool is asking your Grade Pay. To find out your level of the 7th CPC. See the table given below…

Pay Band Grade Pay Level
 5200 – 20200 1800 1
1900 2
2000 3
2400 4
2800 5
 9300 – 34800 4200 6
4600 7
4800 8
5400 9
 15600 – 39100 5400 10
6600 11
7600 12
 37400 – 67000 8700 13
8900 13A
10000 14

Third one is House Rent Allowance, select in the drop down menu which is your current percentage of HRA. To find out new rate of HRA as given in the table

Class of
Cities
Rates of HRA
(% of Basic
Pay)
Revised Rate of
HRA
(% of Basic
Pay)
X 30% 24%
Y 20% 16%
Z 10% 8%

Last one is Transport Allowance. The calculator is now modified so as not to ask your current rate of TA. Since the entitlement for particular rate of TA in sixth CPC is not correlated to 7th CPC entitlement for TPTA. So there is no need for taking sixth CPC Transport Allowance rates for calculating TPTA as per 7th CPC recommendations. Select your city whether it is TPTA or Other places. TPTA Cities are given below the calculator table. Because, eligibility of TA in 7th CPC  is as per Level only. The table given below will help you understand this better.

Grade Pay Pay Level Higher TPTA Cities  Other Places
5400 above 9 & above 7200 + DA 3600 + DA
2000 to 4800 3 to 8 3600 + DA 1800 + DA
1800 & 1900 1 and 2 1350 + DA 900 + DA

The commission has recommended to remove the ambiguous clause of sixth CPC in respect of eligibility criteria for TA rates that “Grade pay below Rs.4200 but pay in the pay band equivalent or above Rs.7440 ”, and has recommended a hike in travel allowance for all cg employees those who are within the Pay Scale of GP 2000 to 2800 category.

So, this is the correct way of calculating your revised pay as per the recommendations of 7th CPC .

Click to view our calculator : 7th Pay Commission Pay Scale Calculator 
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Saturday, 21 November 2015

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.
 
7th-cpc-pay-structure
The new pay matrix for civilian employees


Source:  http://7cpc.india.gov.in/
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Sunday, 16 August 2015

Government to incur additional expenses due to 7th Pay Commission

Government to incur additional expenses due to 7th Pay Commission :

Pay and Allowances of Central Government employees will increase one lakh crore in the current financial year and also projected to increase further due to recommendations of 7th Pay Commission.

“Salary is a big question for even profit-minded private concerns. It is therefore not surprising that the employees of service-oriented Central Government departments are so obsessed about their pays and allowances. For a few central and state government organizations that rake in huge profits, salaries and allowances to their employees is no big issue.”

A report on the spending habits of the middle class was presented in the Parliament yesterday. According to the report presented by the Minister of Finance, Arun Jaitley, “the salary given to Central Government employees in the current financial year will exceed Rs.1 lakh crore.” The amount is expected to rise further after the implementation of the recommendations of the 7th Pay Commission. This could lead to a financial crunch.

According to estimates, there could be an increase of 9.56 percent in the salary allocation for Central Government employees, to Rs.1 lakh 619 crores. In the Financial Year 2016-17, after the implementations of the 7th Pay Commission’s recommendations, it is very likely to increase to 15.79 percent and touch Rs.1.16 lakh crores. During the Financial Year 2017-18, it will further rise to Rs.1.28 lakh crores. Funds for pensioners will increase to Rs.88,521 crores this financial year. During the Financial Year 2016-17, it is expected to be 1.02 lakh crores. By the Financial Year 2017-18, it would be Rs.1.12 lakh crores.

7th Pay Commission is expected to submit its final report including the revised pay and pension structure for Central Government employees and pensioners to the Central Government on in the last week of September.
If everything goes as planned, the 7th Pay Commission recommendations will come into effect from 01.01.2016 onwards.

Meanwhile, there is no doubt in the fact that employees are extremely curious to find out how much their salaries would increase if the new Pay Commission recommendations are implemented.

Source: http://www.cgstaffnews.in/
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Thursday, 6 August 2015

A Crucial Indicator for determining the Basic Pay of 7th Pay Commission- Multiplication Factor

A Crucial Indicator for determining the Basic Pay of 7th Pay Commission- Multiplication Factor

It is well known that Multiplication Factor 1.86 was being used by the 6th Pay Commission to calculate the new revised basic pay. The 6th Pay Commission had initially suggested 1.74, but it was later modified to 1.86.

The Multiplication Factor was arrived at by adding dearness allowance percentage to the basic pay with a simple methodology. The 6th Pay Commission also brought in a new concept called the Grade Pay. So, the basic pay diveded into two segments, which are called as Band Pay and Grade Pay.

Now that Grade Pay is not going to be included, it remains a mystery as to how the 7th Pay Commission will calculate the new Multiplication Factor.

A lot of speculations are now on about this.

With plenty of rumours afloat that salaries for Central Govt employees could increase twofold, an article was published by 90Paisa Blogrecently, which claimed that only a 30% hike in salary is sure to come. The article had used a Multiplication Factor of 2.68.

Last month, gservants.com claimed that the 7th Pay Commission may recommend a Multiplication Factor of 2.86. The website created waves when it published a projected basic pay structure by using a Multiplication Factor of 3.

The NC JCM Staff Side, in its memorandum to the 7th Pay Commission, suggested that a Multiplication Factor of 3.7 be used for calculation of new basic pay. They had also given a detailed explanation for it.
And one more, the Karnataka COC, which is an organization for Central Government employees, had demanded a Multiplication Factor of 3.85, and gave its own reasons for it.

All these are mere speculations…!

It’s up to the employees to believe what they want to.

Source: www.7thpaycommissionnews.in
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