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 government employees and pensioners by at least 23.5 per cent. Salary as per 7th Pay will be paid regularly from 1st July 2016 Salary that would be paid on 1st August.
According to recommendations by the Indian Labor Ministry, the 7th pay commission should fix the minimum pay for central government employees at Rs 15,000 per month. However, if inflation is factored into the equation, the increase should be from Rs 7100 to Rs 30,000. The total amount will comprise rent allowance; education allowance and transport allowance, among others benefits, and should be around Rs 45,000.
This app will help you to calculate your expected salary after implementation of 7th pay commission.Just type in your pay in payband,select your grade pay, TA, HRA and boom comes your final arrears of six months according to seventh central pay commission.
★ How to Calculate:- Enter Band Pay(RS)- Select HRA(%)- Select Grade Pay(RS)- Select TA(RS)- Click On Calculate Button- Get New Basic Pay Of Seventh(7th) Pay
★ Application Features:✔ Easy to understand calculations
✔ Comparison between 6th pay and 7th pay✔ Know new Pay level, Tax Slab
✔ Easy User interface
✔ Fast and effective application on all devices
✔ Small application size
VERSION HISTORY
- Version 1.0 posted on 2016-10-04
Program Details
- Category: Business > Accounting & Finance
- Publisher: S4 IT TECH
- License: Free
- Price: N/A
- Version: 1.0
- Platform: android