7th Pay Calculator Ṁaharashtra
Acerca del 7th Pay Calculator Ṁaharashtra
Precisa 7th Pay Calculator Maharashtra. Nos esforzamos por ser los más precisos.
Accurately calculate 7th payment applied possibly from January 2019
Enter Basic Salary as on January 2016,
Enter Grade Pay as on January 2016,
Select HRA type,
Select TA type,
And find out payment applied possibly from January 2019.
How The app Calculates 7th pay?
Step-I A = (Basic + Grade Pay) * 2.57 e.g. A = (₹. 37,900+ ₹. 10000) * 2.57 = ₹. 1,23,103
Step-II Find next highest salary from the Matrix Table (Easily Available Online) from the column of Grade Pay or Rs. 10000. e.g. B = ₹. 1,44,200
Step-III C = B * HRA% e.g. C = 144200 * 0.16 = ₹. 23,072
Step-IV TPTA = Based on A/A1 City & Grade Pay e.g. D = ₹. 3,600
Step-V 7th Pay Salary = B+C+D = ₹. 1,44200 + ₹. 23,072 + ₹. 3,600 = ₹. 1,70,872
The Maharashtra government on Thursday approved the recommendations of the implementation of the 7th Pay Commission, giving a salary hike to its over 20 lakh employees and pensioners. The hike will be effective from January 1, 2019.
The approval to the pay hike of government employees from January 1 was given by the Cabinet at its meeting here and it comes just months ahead of the Lok Sabha elections. The state will face assembly polls in the second half of 2019.
Finance Minister Sudhir Mungantiwar, addressing reporters at the secretariat, said the decision will benefit 20,50,000 government employees, including those working in Zilla Parishads (ZPs), aided schools and also pensioners, reported PTI.
The arrears as per the seventh pay commission will be given to employees with retrospective effect from January 2016 while the dearness allowance will be paid retrospectively for the last 14 months, said Mungantiwar.
Mungantiwar further said that the decision will put an additional burden of Rs 38,645 crore on the state exchequer.
“The arrears will be paid in equal installments over five years. Each year the government will spend Rs 7,631 on implementation of the 7th Pay Commission,” PTI quoted him as saying.
Meanwhile, the Central government employees wait for the hike in their minimum pay by the Narendra Modi government before the 2019 general elections. This app also helps in calculating, 7th pay scale in maharashtra.
Novedades más recientes 1.0
Enter Basic Salary as on January 2016,
Enter Grade Pay as on January 2016,
Select HRA type,
Select TA type,
And find out payment applied possibly from January 2019.
Información de 7th Pay Calculator Ṁaharashtra APK
Versiones Antiguas de 7th Pay Calculator Ṁaharashtra
7th Pay Calculator Ṁaharashtra 1.0
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