7th Pay Commission latest updates News
Latest 7th Pay Commission Arrears Calculator : 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 the pension calculation. The 7th pay commission calculator is a free app with a simple and easy-to-use UI.
Download 7th Pay Commission latest updates:
In the recent update, you will be able to enter the custom DA / Fitment Factor value and apply it for your current Basic Pay.Calculate 7th Pay by filling up information like Pay Structure, Entry Level between 1 and 18, and Index Pay values between 1 and 40. Use HRA values based on Population and TA values.
Key features of the app include:
» 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 the 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)
The 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.
Important links for links for 7 pay news
So, Must Visit This www.ojasonline.in site Everyday For Latest Updates Jobs, Study Materials and General Information Updates.
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