Latest 7th Pay Commission Arrears Calculator 2016
The government has announced the implementation of the Seventh Pay Commission effective from 1 January 2016, which would hike the salaries and allowances for over 1 crore central government employees and pensioners by at least 23.5 percent. In the 7th pay commission salary slab has been increased more than 20 percent. The revised pay package will cover teachers from 119 centrally funded technical institutions — IITs, IISc, IIMs, IISERs, IIITs, and NITIE. The app helps retired government employees in pension calculation. 7th pay commission calculator is a free app with simple and easy to use UI….
Key features of the app includes:
» The app shows salary based on 7th pay
» Comparison between 6th and 7th pay salary
» Steps to calculate 7th pay
» Pay matrix
How to Calculate 7th Pay Salary:
Get New Basic Pay Of 7th Pay Scales by entering Basic Pay, Select Grade Pay, HRA (%), City and click On “Calculate” Button
Some of the key fields required for 7th pay salary calculation are::
Basic Pay (B.P), Grade Pay (G.P), Fitment Factor, (B.P + G.P) * 2.57, New Basic Pay, Dearness Allowance (D.A), House Rent Allowance (HRA), Transport Allowance (TPTA)
Result will contain information like:
7th pay salary amount, percentage salary hike, Grade pay level, Your annual income as per 7th pay, tax slab as per 7th pay salary, and average income hike.
In the recent update, you will be able to enter custom DA / Fitment Factor value and apply it for your current Basic Pay.
Accurate Salary and Arrears as per 7th Pay
The government has announced the implementation of Seventh Pay Commission effective from 1 January 2016, that would hike the salaries and allowances for over 1 crore central government employees and pensioners by at least 23.5 percent. In the 7th pay commission salary slab has been increased more than 20 percent. The revised pay package will cover teachers from 119 centrally funded technical institutions — IITs, IISc, IIMs, IISERs, IIITs, and NITIE. The app helps retired government employees in pension calculation. 7th pay commission calculator is a free app with simple and easy to use UI.
Key features of the app includes:
–> The app shows 7th pay salary based on current pay for Gujarat, Maharashtra,
Uttarakhand, Bihar, Jammu-Kashmir, Haryana, Rajasthan, Odisha
—> Change pay according to dearness allowance(da)
—> calculate arrears
—> Comparison between 6th and 7th pay salary
—> Steps to calculate 7th pay
—> Pay matrix
Types of Digital Content in the Learning App
Video Lessons for Concept Clarity
Toys and Activities for making interesting projects at home
Books & Stories to read digital books7th Pay Commission pension calculator for central government employees
7th Pay Commission Pension Calculator : Calculate Pension amount as per the new revised Seventh Pay Commission, 2016.
7th CPC Pension Calculation : Find New Pension Amount for all Central Government Employees in India
Increment Calculator excel & pdf file For Govt employee
Salary increments are often expressed as a percentage of an employee’s overall base pay. An increment usually represents some of what the worker earns per annum . Employers use increments to extend or decrease base salaries or to award bonuses. Employees use them as a benchmark to either negotiate a pay increase or a starting salary with a replacement employer. Public employees typically receive annual raises supported salary increments.
One-Time Payments
A salary increment could be a one-time payment that substitutes for a bonus. An employer could use salary increments to catch up on higher health care costs or in situ of medical aid reimbursements. One-time increments are typically paid out during one pay period. for instance , a faculty district that decides to pay its teachers an increment of two percent might distribute it during the sixth pay period of the year. an educator making a $40,000 annual salary would receive an incremental payment of $800.
Annual Pay Increases
Employees who receive annual increases in their pay typically receive a percentage increase. This increase is usually mentioned as a salary increment. This percentage adds to the employee’s existing base salary. for instance , when management approves a 3 percent raise for all sales employees, each employee’s salary is increased by 3 percent. If a replacement sales employee is making $50,000 per annum , the increment increases his annual salary to $51,500. An employee with 10 years of service making $70,000 per annum receives an annual raise of $2,100….
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