Grant of Permission for journeys performed by Officers/officials in Airlines other than Air India

Grant of Permission for journeys performed by Officers/officials in Airlines other than Air India

No.34/PCPA/Cor/Fin/MO/2016/514
Government of India
Ministry of Defence (Fin)
(Main Office)

New Delhi , 29th June, 2016

OFFICE MEMORANDUM

Subject:– Grant of Permission for journeys performed by Officers/officials in Airlines other than Air India-regarding.

The undersigned is directed to refer to this office earlier Office Memorandums of even number, dated 14-6-2016 and 21-6-2016 informing thereby about the decision of Ministry of Civil Aviation contained in their O.M.No. AV.18011/05/2012-AI, dated 20-5-2016 to authorize the FAs of Govt. Organisations to decide these cases without referring them to their administrative Ministry, provided the FA of the organisation is equivalent in rank to a Joint Secretary. It was inter-alia conveyed that respective Principal IFAs/IFAs not below the level of SAG can deal with the cases/requests relating to their respective organisations and the CGDA was advised to issue appropriate instructions directing respective IFAs to follow the criteria prescribed in the guidelines issued by Ministry of Civil Aviation and Ministry of Finance from time to time so that there is uniformity in grant of permission by the respective Financial Advisors.

2. It has been observed that requests for grant of permission to travel by Airlines other than Air India for official/LTC purposes are being submitted without complete information and requisite documents making it difficult for concerned Sections to process and decide such cases. Accordingly, for the guidance of all concerned and for ensuring uniformity in processing of such cases, it has now been decided to circulate a copy of gist of guidelines on the subject alongwith a proforma for applying for grant of permission to travel by Airlines other than Air India for official/ L TC purposes (annexure-A & B).The proforma has been devised considering various guidelines issued from time to time by Ministry of Finance for granting permission/relaxation to travel by Airlines other than Air India

3. CGDA and JS & Addi.FA dealing with Deptt. of OR&O are requested to bring these instructions to the notice of all concerned with the request to submit their cases in proforma at annexure-B duly filled in accordance with the guidelines at annexure-A.

4. These instructions are also brought to the notice of all concerned in MoD including MoD(Fin) for their guidance

5. This issues with the approval of Secretary(Defence Finance).

Encl.- as above

sd/-

(Ashwani Kumar)

Addl.FA(AK) & Joint Secretary

Tel.23011871

Source : http://www.mod.nic.in/

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COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016

			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	7000.00	18000.00
	Grade Pay – GP	1800.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		8750.00	0
03	Total Pay		15750.00	18000.00
	DEDUCTION
04	Income Tax		0.00	0.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		70.00	180.00
07	Professional Tax		175.00	225.00
08	GPF @ 8.33% of BP		583.00	1499.00
09	License Fee		135.00	135.00
10	Total deduction		993.00	2069.00
11	Take Home Salary:		14757.00	15931.00
12	Increase in Salary = 18000 – 15750				2250.00
13	% of Increase in Salary				14.28%
14	Increase in Take Home Salary = 15931 – 14757				1174.00
15	% of Increase in Take Home Salary				7.9%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	7730.00	19900.00
	Grade Pay – GP	1900.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		9125.00	0
03	Total Pay		16855.00	19900.00
	DEDUCTION
04	Income Tax		0.00	0.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		77.00	199.00
07	Professional Tax		175.00	225.00
08	GPF @ 8.33% of BP		644.00	1658.00
09	License Fee		135.00	135.00
10	Total deduction		1061.00	2125.00
11	Take Home Salary:		15794.00	17775.00
12	Increase in Salary = 19900 – 16855				3045.00
13	% of Increase in Salary				18.06%
14	Increase in Take Home Salary = 17775 – 15794				1981.00
15	% of Increase in Take Home Salary				12.54%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	8460.00	21700.00
	Grade Pay – GP	2000.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		10575.00	0
03	Total Pay		19035.00	21700.00
	DEDUCTION
04	Income Tax		0.00	0.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		85.00	217.00
07	Professional Tax		175.00	225.00
08	GPF @ 8.33% of BP		707.00	1808.00
09	License Fee		135.00	135.00
10	Total deduction		1132.00	2415.00
11	Take Home Salary:		17903.00	19285.00
12	Increase in Salary = 21700 – 19035				2665.00
13	% of Increase in Salary				14%
14	Increase in Take Home Salary = 19285 – 17903				1382.00
15	% of Increase in Take Home Salary				7.72%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	9910.00	25500.00
	Grade Pay – GP	2400.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		12388.00	0
03	Total Pay		22298.00	25500.00
	DEDUCTION
04	Income Tax		0.00	0.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		99.00	255.00
07	Professional Tax		175.00	225.00
08	GPF @ 8.33% of BP		826.00	2124.00
09	License Fee		310.00	310.00
10	Total deduction		1440.00	2944.00
11	Take Home Salary:		20858.00	22556.00
12	Increase in Salary = 25500 – 22298				3202.00
13	% of Increase in Salary				14.36%
14	Increase in Take Home Salary = 22556 – 20858				1698.00
15	% of Increase in Take Home Salary				8.14%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	11360.00	29200.00
	Grade Pay – GP	2800.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		14200.00	0
03	Total Pay		25565.00	29200.00
	DEDUCTION
04	Income Tax		473.00	836.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		114.00	292.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		946.00	2432.00
09	License Fee		310.00	310.00
10	Total deduction		2098.00	4125.00
11	Take Home Salary:		23467.00	25075.00
12	Increase in Salary = 29200 – 25565				3635.00
13	% of Increase in Salary				14.22%
14	Increase in Take Home Salary = 25075 – 23467				1608.00
15	% of Increase in Take Home Salary				6.8%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	9300.00	13500.00	35400.00
	Grade Pay – GP	4200.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		16875.00	0
03	Total Pay		30375.00	35400.00
	DEDUCTION
04	Income Tax		954.00	1416.00
05	CGEIS		60.00	60.00
06	CHSS @ 1% of BP		135.00	354.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		1125.00	2948.00
09	License Fee		370.00	370.00
10	Total deduction		2869.00	5373.00
11	Take Home Salary:		27506.00	30027.00
12	Increase in Salary = 35400 – 30375				5025.00
13	% of Increase in Salary				16.54%
14	Increase in Take Home Salary = 30027 – 27506				2521.00
15	% of Increase in Take Home Salary				9.16%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	9300.00	17140.00	44900.00
	Grade Pay – GP	4600.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		21425.00	0
03	Total Pay		38565.00	44900.00
	DEDUCTION
04	Income Tax		1773.00	2730.00
05	CGEIS		60.00	60.00
06	CHSS @ 1% of BP		171.00	449.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		1428.00	3740.00
09	License Fee		370.00	370.00
10	Total deduction		4027.00	7574.00
11	Take Home Salary:		34538.00	37326.00
12	Increase in Salary = 44900- 38565				6335.00
13	% of Increase in Salary				16.4%
14	Increase in Take Home Salary = 17788 – 15403				2788.00
15	% of Increase in Take Home Salary				8.07%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	9300.00	18150.00	47600.00
	Grade Pay – GP	4800.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		22688.00	0
03	Total Pay		40838.00	47600.00
	DEDUCTION
04	Income Tax		2000.00	3270.00
05	CGEIS		60.00	60.00
06	CHSS @ 1% of BP		182.00	476.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		1512.00	3965.00
09	License Fee		370.00	370.00
10	Total deduction		4349.00	8366.00
11	Take Home Salary:		36489.00	39234.00
12	Increase in Salary =  47600 – 40838				6762.00
13	% of Increase in Salary				16.56%
14	Increase in Take Home Salary = 17788 – 15403				2745.00
15	% of Increase in Take Home Salary				7.52%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	15600.00	22100.00	56100.00
	Grade Pay – GP	5400.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		27625.00	0
03	Total Pay		49725.00	56100.00
	DEDUCTION
04	Income Tax		3695.00	4970.00
05	CGEIS		120.00	120.00
06	CHSS @ 1% of BP		221.00	561.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		1841.00	4673.00
09	License Fee		500.00	500.00
10	Total deduction		6602.00	11049.00
11	Take Home Salary:		43123.00	45051.00
12	Increase in Salary = 56100 – 49725				6375.00
13	% of Increase in Salary				12.82%
14	Increase in Take Home Salary = 45051 – 43123				1928.00
15	% of Increase in Take Home Salary				4.47%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	15600.00	25350.00	67700.00
	Grade Pay – GP	6600.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		31688.00	0
03	Total Pay		57038.00	67700.00
	DEDUCTION
04	Income Tax		5158.00	7290.00
05	CGEIS		120.00	120.00
06	CHSS @ 1% of BP		254.00	677.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		2112.00	5639.00
09	License Fee		500.00	500.00
10	Total deduction		8369.00	14451.00
11	Take Home Salary:		48669.00	53249.00
12	Increase in Salary =  67700- 57038				10662.00
13	% of Increase in Salary				18.69%
14	Increase in Take Home Salary = 17788 – 15403				4580.00
15	% of Increase in Take Home Salary				9.41%

Source : http://nfaeehq.blogspot.in/

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Cabinet approves Revision of pension of BSNL Pensioners Removing Anomalies

Cabinet approves Revision of pension of BSNL Pensioners Removing Anomalies

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the revision of pension of BSNL pensioners and family pensioners, who retired prior to 10.06.2013 by allowing the benefit of merger of 50% DA/DR with Basic Pay/ Pension, effectively amounting to 78.2% DA/DR for the purpose of fitment, and (ii) Modifying the liability of BSNL towards the payment of pensionary benefits to the retired employees.The pension of BSNL pensioners/family pensioners, who retired prior to 10.06.2013 has been revised w.e.f. 01.01.2007 notionally with actual benefit w.e.f. 10.06.2013, by allowing the benefit of merger of 50% DA/DR with Basic Pay/ Pension, effectively amounting to 78.2% DA/DR for the purpose of fitment at par with the serving employees of BSNL. However, increase in the amount of DCRG, leave encashment and commutation of pension in respect of these pensioners shall not be increased on this account.

The pension liability in respect of employees of Department of Telecommunications (DOT) / Department of Telecom Services (DTS) / Department of Telecom Operations (DTO) who retired prior to 01.10.2000 is solely borne by Government of India and the BSNL will have no liability in respect of these employees. In respect of employees who are absorbed in BSNL, the liability on account of pensionary benefits shall be fully borne by Government while BSNL will continue to discharge pension liability by way of pension contribution in accordance with FR-116 for the period they so work/worked.

The revision entails an estimated recurring annual expenditure of approximately Rs 129.63 crore for pensioners and Rs 24.93 crore for family pensioners and arrears from 2013-14 would be Rs 239.92 crore approximately for pensioners and Rs 44.62 Crore approximately for family pensioners.

Approximately118500 pensioners all over India will be benefitted by this revision.

This revision will fulfill the long pending demand of revision of pension of BSNL absorbed employees who retired prior to 10.06.2013 and will bring the pensioners at par with the serving employees of BSNL by removing the anomalies. It will help in reducing the financial burden of BSNL and removing prospects of industrial unrest in BSNL while fulfilling the commitment of Government.

Background:  The decision of the Cabinet has come in the wake of an anomalous situation created in the difference of pension formula among the BSNL retirees who retired before and after 10.06.2013. Further, the decision regarding pensionary liability is on persistent demand from various quarters and a series of deliberations at different levels to fulfill the assurance given by the Government before corporatization i.e. before formation of BSNL.

PIB

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What to do with 7th pay commission ‘non-bonanza’

What to do with 7th pay commission ‘non-bonanza’

By Dhirendra Kumar CEO, Value Research

Eight years ago, I wrote a newspaper column advising government employees (or should I say public servants) on what to do with the arrears that they would get with the implementation of the sixth pay commission.

On the face of it, one could just repeat that advice now. However, the situation then was very different. One, the acceptance of that pay commission report came with a huge delay of 30 months, leading to large accumulated arrears. Most employees got eight months to a year’s extra salary as arrears. Two, that was the height of the global financial crisis. Many people were exhorting government employees to go forth and spend their bonanza to boost the economy, which was clearly not a wise thing to do from the individual’s point of view.

The 30-month delay meant that many were receiving an amount that would otherwise have taken them seven to ten years to save and it was important to point out that the best course would be to take this forced saving and convert it into a long-term investment. This time around, things are different. The government has acted much faster and the arrears are just six months. A smaller hike and a much shorter delay mean that most government employees will get an amount equivalent to barely one month’s extra salary so there isn’t any great excitement about extra savings.

In any case, government employees’ savings imperatives are very different from those who don’t have lifelong infla tion-adjusted pensions that also keep getting hiked by pay commissions. Realistically, government employees’ salaries and pensions are now so good that someone who does not save at all for retirement will also get by fine. This is especially true because free lifelong healthcare is part of the package.

A long retirement with inflation-ravaged savings does not bother government employees because their burden will also be carried by the rest of us. The rest of the country will work hard and pay their taxes so that government employees are guaranteed a comfortable income and pension. Little wonder that even the most menial, lowest-level government jobs attract thousands of highly qualified applicants.

However, this is true only of the older ge neration of government employees, that is, those who joined before 2004.The biggest change that has come about since 2004 is that a large proportion of government employees are on the National Pension System. Younger employees have retirement savings enforced instead of having pensions guaranteed from the public purse.While the final impact on their post-retirement finances is hard to predict at this juncture, it does mean that they will have to learn a little more about savings and investments than the older generation of government employees had to.

The little bit of arrears don’t amount to much, but the higher income should be directed to long-term savings instead of any kind of consumption expenditure. The theory behind the Pay Commission is that its awards are a response, not just to the rising cost of living, but also to the general rise in private sector’s salaries and an attempt to narrow the gap thus created. I can hear the sniggers from private sector employees but like I said, that’s the theory. In this sense, arrears are money that is already spent. Given the way most people’s finances are structured nowadays, I think the first priority should be to lighten or eliminate any debt load that one has.

Beyond debt-reduction, the arrears, as well as the higher income is best added to whatever savings medium the saver is most comfortable with as long as one doesn’t make the mistake of relying on fixed income savings for the long term.

For those who want to invest for the long-term (at least five to seven years), the best course of action could be to shift this money gradually to a good balanced fund. As the past has decisively shown, despite higher volatility, equitybacked investments have long-term returns that are far superior to any other kind of asset. A type of mutual fund that gets you most of the gains of equity while saving you from some of the volatility is probably the best choice.

Source : http://economictimes.indiatimes.com/

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7th Pay Commission: central government employees not to go on strike over pay disparity from July 11

7th Pay Commission: central government employees not to go on strike over pay disparity from July 11

NJCA convener (South Zone) N Kanniah informed the indefinite strike scheduled from July 11 has been temporarily postponed.

New Delhi: An indefinite central government employees’ strike will not begin on July 11 in protest at the “government inaction” on fulfilling their demands, including hike in minimum pay to Rs 26,000 from Rs 18,000 which was recommended by the 7th Pay Commission and was approved by the cabinet on Wednesday.

No central government office will be closed at any part of the country and the trains will also be running on July 11 and ahead as National Joint Council Action (NJCA), a confederation of 3.3 million government employees, has temporarily postponed the indefinite strike scheduled from July 11 after PM Modi formed a committee of Ministers to negotiate with union leaders on their demands.

“Since the Prime Minister has intervened and initiated the process of negotiation, we have decided to temporarily postpone the indefinite strike. The NJCA will make sure that the genuine demands of the employees are met with,” NJCA convener (South Zone) N Kanniah told The Hindu.

However, the claim that the government was giving a 14.28 per cent hike in pay was false since the calculations revealed an increase of only 11.31 per cent, which would further decline to 4.51 per cent after deductions towards provident fund and pension scheme contributions, he added.

TST

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Change of date of holiday on account of Id-ul-Fitr during 2016 for all Central Government Offices

Change of date of holiday on account of Id-ul-Fitr during 2016 for all Central Government Offices

F.No.12/10/20 16-JCA2
Government of India
Ministry of Personnel Public Grievances and Pensions
Department of Personnel and Training

North Block, New Delhi
Dated the 05 July, 2016

OFFICE MEMORANDUM

Sub: Change of date of holiday on account of Id-ul-Fitr during 2016 for all Central Government administrative offices located at Delhi / New Delhi.

As per list of holidays circulated vide this Ministry’s 0.M.No.12/7/2015-JCA-2 dated the 11th June, 2015, the holiday on account of Id-ul-Fitr falls on Wednesday the 6th July, 2016. It has been brought to notice of this Ministry that in Delhi Id-ul-Fitr will be celebrated on 7th July, 2016. Accordingly, it has been decided to shift the Id-ul-Fitr holiday to 7th July, 2016 in place of 6th July, 2016 as notified earlier, for all Central Government administrative offices at Delhi / New Delhi.

2. For Offices outside Delhi / New Delhi the Employees Coordination Committee or Head of Offices (Where such committees are not functioning) can decide the date depending upon the decision of the concerned State Government.
Hindi version will follow.

sd/-
(DEBABRATA DAS)
Under Secretary

Authority: www.persmin.gov.in
Click to view the order

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COMPARISON OF PAY between 6th Pay Commission & 7th Pay Commission

COMPARISON OF PAY between 6th Pay Commission & 7th Pay Commission

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	7000.00	18000.00
	Grade Pay – GP	1800.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		8750.00	0
03	Total Pay		15750.00	18000.00
	DEDUCTION
04	Income Tax		0.00	0.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		70.00	180.00
07	Professional Tax		175.00	225.00
08	GPF @ 8.33% of BP		583.00	1499.00
09	License Fee		135.00	135.00
10	Total deduction		993.00	2069.00
11	Take Home Salary:		14757.00	15931.00
12	Increase in Salary = 18000 – 15750				2250.00
13	% of Increase in Salary				14.28%
14	Increase in Take Home Salary = 15931 – 14757				1174.00
15	% of Increase in Take Home Salary				7.9%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	7730.00	19900.00
	Grade Pay – GP	1900.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		9125.00	0
03	Total Pay		16855.00	19900.00
	DEDUCTION
04	Income Tax		0.00	0.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		77.00	199.00
07	Professional Tax		175.00	225.00
08	GPF @ 8.33% of BP		644.00	1658.00
09	License Fee		135.00	135.00
10	Total deduction		1061.00	2125.00
11	Take Home Salary:		15794.00	17775.00
12	Increase in Salary = 19900 – 16855				3045.00
13	% of Increase in Salary				18.06%
14	Increase in Take Home Salary = 17775 – 15794				1981.00
15	% of Increase in Take Home Salary				12.54%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	8460.00	21700.00
	Grade Pay – GP	2000.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		10575.00	0
03	Total Pay		19035.00	21700.00
	DEDUCTION
04	Income Tax		0.00	0.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		85.00	217.00
07	Professional Tax		175.00	225.00
08	GPF @ 8.33% of BP		707.00	1808.00
09	License Fee		135.00	135.00
10	Total deduction		1132.00	2415.00
11	Take Home Salary:		17903.00	19285.00
12	Increase in Salary = 21700 – 19035				2665.00
13	% of Increase in Salary				14%
14	Increase in Take Home Salary = 19285 – 17903				1382.00
15	% of Increase in Take Home Salary				7.72%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	9910.00	25500.00
	Grade Pay – GP	2400.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		12388.00	0
03	Total Pay		22298.00	25500.00
	DEDUCTION
04	Income Tax		0.00	0.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		99.00	255.00
07	Professional Tax		175.00	225.00
08	GPF @ 8.33% of BP		826.00	2124.00
09	License Fee		310.00	310.00
10	Total deduction		1440.00	2944.00
11	Take Home Salary:		20858.00	22556.00
12	Increase in Salary = 25500 – 22298				3202.00
13	% of Increase in Salary				14.36%
14	Increase in Take Home Salary = 22556 – 20858				1698.00
15	% of Increase in Take Home Salary				8.14%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	5200.00	11360.00	29200.00
	Grade Pay – GP	2800.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		14200.00	0
03	Total Pay		25565.00	29200.00
	DEDUCTION
04	Income Tax		473.00	836.00
05	CGEIS		30.00	30.00
06	CHSS @ 1% of BP		114.00	292.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		946.00	2432.00
09	License Fee		310.00	310.00
10	Total deduction		2098.00	4125.00
11	Take Home Salary:		23467.00	25075.00
12	Increase in Salary = 29200 – 25565				3635.00
13	% of Increase in Salary				14.22%
14	Increase in Take Home Salary = 25075 – 23467				1608.00
15	% of Increase in Take Home Salary				6.8%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	9300.00	13500.00	35400.00
	Grade Pay – GP	4200.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		16875.00	0
03	Total Pay		30375.00	35400.00
	DEDUCTION
04	Income Tax		954.00	1416.00
05	CGEIS		60.00	60.00
06	CHSS @ 1% of BP		135.00	354.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		1125.00	2948.00
09	License Fee		370.00	370.00
10	Total deduction		2869.00	5373.00
11	Take Home Salary:		27506.00	30027.00
12	Increase in Salary = 35400 – 30375				5025.00
13	% of Increase in Salary				16.54%
14	Increase in Take Home Salary = 30027 – 27506				2521.00
15	% of Increase in Take Home Salary				9.16%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	9300.00	17140.00	44900.00
	Grade Pay – GP	4600.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		21425.00	0
03	Total Pay		38565.00	44900.00
	DEDUCTION
04	Income Tax		1773.00	2730.00
05	CGEIS		60.00	60.00
06	CHSS @ 1% of BP		171.00	449.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		1428.00	3740.00
09	License Fee		370.00	370.00
10	Total deduction		4027.00	7574.00
11	Take Home Salary:		34538.00	37326.00
12	Increase in Salary = 44900- 38565				6335.00
13	% of Increase in Salary				16.4%
14	Increase in Take Home Salary = 17788 – 15403				2788.00
15	% of Increase in Take Home Salary				8.07%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	9300.00	18150.00	47600.00
	Grade Pay – GP	4800.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		22688.00	0
03	Total Pay		40838.00	47600.00
	DEDUCTION
04	Income Tax		2000.00	3270.00
05	CGEIS		60.00	60.00
06	CHSS @ 1% of BP		182.00	476.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		1512.00	3965.00
09	License Fee		370.00	370.00
10	Total deduction		4349.00	8366.00
11	Take Home Salary:		36489.00	39234.00
12	Increase in Salary =  47600 – 40838				6762.00
13	% of Increase in Salary				16.56%
14	Increase in Take Home Salary = 17788 – 15403				2745.00
15	% of Increase in Take Home Salary				7.52%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	15600.00	22100.00	56100.00
	Grade Pay – GP	5400.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		27625.00	0
03	Total Pay		49725.00	56100.00
	DEDUCTION
04	Income Tax		3695.00	4970.00
05	CGEIS		120.00	120.00
06	CHSS @ 1% of BP		221.00	561.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		1841.00	4673.00
09	License Fee		500.00	500.00
10	Total deduction		6602.00	11049.00
11	Take Home Salary:		43123.00	45051.00
12	Increase in Salary = 56100 – 49725				6375.00
13	% of Increase in Salary				12.82%
14	Increase in Take Home Salary = 45051 – 43123				1928.00
15	% of Increase in Take Home Salary				4.47%

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
			PAY ON 31.12.2015	PAY ON 01.01.2016
01	Pay in Pay Band	15600.00	25350.00	67700.00
	Grade Pay – GP	6600.00
	Total Basic Pay- BP
02	DA @ 125% as on 01.01.2016		31688.00	0
03	Total Pay		57038.00	67700.00
	DEDUCTION
04	Income Tax		5158.00	7290.00
05	CGEIS		120.00	120.00
06	CHSS @ 1% of BP		254.00	677.00
07	Professional Tax		225.00	225.00
08	GPF @ 8.33% of BP		2112.00	5639.00
09	License Fee		500.00	500.00
10	Total deduction		8369.00	14451.00
11	Take Home Salary:		48669.00	53249.00
12	Increase in Salary =  67700- 57038				10662.00
13	% of Increase in Salary				18.69%
14	Increase in Take Home Salary = 17788 – 15403				4580.00
15	% of Increase in Take Home Salary				9.41%

Source : http://nfaeehq.blogspot.in/

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