Showing posts with label pay hike. Show all posts
Showing posts with label pay hike. Show all posts

Tuesday, August 19, 2008

Revised Pay Calculator, Arrears calculator after cabinet approval

After cabinet approval of modified 6th pay commission report, here you can check your actual pay hike with most trusted pay calculator and arrears calculator.

This sixth pay commission pay calculator taken into account following modification

1. Fitment factor is 1.86 (changed from 1.74)
2. Fixed pay increment rate of 3%, only in month of July
3. Lowest transport allowance of Rs. 600/- instead of Rs. 400/-
4. DA rates taken as -
0% -> from 1.1.2006;
2% -> from 1.7.2006;
6% -> from 1.1.2007;
9% -> from 1.7.2007;
12% -> from 1.1.2008
16% -> from 1.7.2008 onwards

Just put your pay data in the excel file here in zoho sheet (no need to download the excel file.

Government has not changed the grade pay. Grade pay is same as it is recommended by original 6th pay commission report.

You can also calculate your in-hand salary after paying income tax by this calculator

If you don't know your grade pay, visit here to know it


New pay calculator and arrears calculator is here below(wait for about one minute for loading )put your pay data in it.

Thursday, August 14, 2008

Cabinet approves 6th Pay Commission report

Today on 14th August Cabinet approves sixth Pay Commission report. From September 2008, government employee will get hiked salary.

- Arrears will be effective from 01.01.2006, but central government employee will get only 40% of arreres on 2009 and rest 60% of arrears on 2010. arrears will be paid in cash.

- The higher salaries for 5 million government employees will cost the Centre Rs178 bn on an annual basis. The wage hike will exceed pay commission estimates by Rs110 bn, the Government said.

-The Cabinet broadly accepted the recommendations of the Sixth Central Pay Commission with some modification. The new system of four Pay Bands with 20 Grade Pays recommended by the commission has been accepted with minor changes.

-In the defense sector, it approved at least three assured promotions for all defence forces personnel and civilian employees under the modified Assured Career Progression scheme.

-The government for the first time approved Military Service Pay for armed forces personnel, under which officers would get Rs 6,000 over and above their pay per month.

-Annual pay increase will fixed 3%

August 18: Update- There are many arrears calculator and pay calculator came here and there on web, all are incorrect and without any information on source, Don't believe on that calculators. Till now Government has not disclosed the detailed sixth pay commission report that is approved by cabinet. There is no information of the applicable DA till yet.


To know about new pay scale try revised pay and revised arrears calculator,visit here (not approved one but it may give approx pay and arrears)

Wednesday, August 13, 2008

sixth pay commission report is going to approve on 14th August by Cabinet

Today on 13th august, 2008 In PM office, at discussions, it is decided that sixth pay commission report is going to be approved by cabinet on 14th august, 2008. PM is going to give more information about 6th pay commission on 15th august.

It is expected that all the doubt about revised sixth pay commission report by COS will be cleared tomorrow.

Thursday, August 7, 2008

On 15th August PM will announce about 6th PC implementation

Some website says that 6th pay commission will be effective from 01.01.2008. It will be ridicules to cut the arrears of two year in the fear of extra burden on Indian economy in the name of high inflation rate. This is not confirmed yet.

There is high possibility that PM will announce about the time line of implementation of 6th pay commission report. It is more likely that the modified 6th pay commission report will go to 13th finance commission and government will ask them to finish the analysis before 31 October 2008.

Now government's aim is to bring the date of implementation as near as general election date or delay it till inflation rate will be down.

So now, you can expect some new latest news of sixth pay commission on 15th august. Amidst all uncertainty, it is sure that Central government employee will get revised pay before the voting date of general election !!

Saturday, July 12, 2008

cabinet meeting for SPC after 22 july

6th pay commission report was not in the agenda of the Cabinet Committee meeting on 11th July 2008. Government's only concern now is about saving the government from the motion of confidence at parliament on 22th July. If UPA fails in parliament, SPC report will be discussed only after the formation of new government.

You can expect any new news about 6th pay commission and new pay information only after 22nd July.

Not a single political party is opposing the worst recommendation by Committee of Secretaries (CoS) or original 6th pay commission report.

Saturday, July 5, 2008

Govt to discuss pay report at next Cabinet meeting

July 3: With high-powered Committee of Secretaries (CoS) headed by Cabinet Secretary K.M. Chandrasekhar handing over the Sixth Pay Commission report suggesting a few cosmetic changes, the government is now likely to consider it in the next meeting of the Union Cabinet.

Informing about this, a senior Union Cabinet minister on the condition of anonymity said, "In the next meeting of the Cabinet, the Pay Commission report would be discussed and hopefully a decision will be arrived at."

The CoS, even after reviewing the entire report and going through the grievances raised by various sections of the government employees, however failed to address all the concerns and instead it suggested hiving off the arrears by 18 months.

This means that instead of these to be computed from January 1, 2006, as suggested by the Pay Commission, the employees should get from July 1, 2007.

Thursday, July 3, 2008

Pay Revision Committee submitted its Recommendations for new salary hike

The Pay Revision Committee has suggested an additional pay of 15 per cent for the armed and paramilitary forces, over and above the revised basic pay scales. The committee has also proposed to upwardly revise the basic pay scales recommended by the Sixth Pay Commission (SPC) and an increase in grade pay at all levels.

For all central government employees, the SPC had recommended a maximum grade pay of Rs 13,000, while the committee has suggested Rs 18,000 as the highest grade pay. The grade pay fixed by the SPC for the junior most Group A officer was Rs 5,400, which the committee has increased to Rs 7,000. The committee has also suggested annual increments of four per cent instead of the 2.5/3.5 per cent recommended by the SPC. The suggestions drafted by the committee, headed by the Cabinet Secretary, are subject to final approval and sanction of the Cabinet.

However, the committee has also suggested that new pay scales be implemented with effect from July 1, 2007, instead of January 1, 2006, that was recommended by the SPC.If approved, this would imply that Central government employees would not get arrears equivalent to one and half year’s revised salary as was being expected.

The 15 per cent additional pay worked out by the committee ranges from Rs 1,248 per month at the lowest level to a maximum of Rs 9,048 at the highest.

In addition, the committee has suggested 15 pay scales instead of the 22 recommended by the SPC. It has that also suggested 10 pay bands instead of the four recommended by the latter.

The lowest pay scale (1-S) recommended by the SPC was 4440-7440 1300. The corresponding pay scale (PB-1) suggested by the committee is 5,500-16,500 with grade pay of Rs 2,500. The basic pay works out to be Rs 8,000 and with the inclusion of annual increment (4 pc), dearness allowance (15 pc) and the 15 per cent additional pay, the lowest gross pay works out to be Rs 10,816.

The highest pay scale recommended by the SPC was 39,200-67,000 13,000. The corresponding scale suggested by the committee is 40,000-60,000 along with a grade pay of Rs 18,000. In this scale, the basic pay works out to be Rs 58,000 and with the inclusion of increment, DA and additional pay the gross pay at the highest level (PB-10) works out to be Rs 78,416.

Saturday, February 23, 2008

6th pay commission latest urgent news

August 18: 6th pay commission is approved by cabinet, without any major changes in original sixth pay commission report. No change in grade pay announced.

Till yet govenment has not given hint for DA applicable for modified 6th pay commission report.

After Union Government its now the turn of various State Government. May states have announced the implementation of 6th Pay Commission in their respective states. UP, Haryana, Tamilnadu, West Bengal have already announced the implementation. It is hoped the majority of the states will announce the implementation this month itself.