How is government employee salary calculated?
How is government employee salary calculated?
Hand Salary for Pay Level 6
- Basic Salary: Rs 35,400.
- Dearness Allowance: Rs 9912 (31\% of Basic Pay)
- House Rent Allowance: Rs. 9558 (27\% / X Cities)
- Travelling Allowance: Rs 4608 (Level-6 / A1 Cities)
- Gross Salary: Rs 59478.
- More details of the calculation click here.
- Deduction for NPS: Rs 4531.
- Hand Salary: Rs 54947.
How do you calculate salary for employees?
How to Calculate your Take-Home Salary?
- In order to calculate your Take-Home Salary or Net Salary, follow these steps:
- Gross Salary= Basic Salary + HRA + Other Allowances.
- Alternatively,
- Gross Salary= CTC – (EPF + Gratuity)
- Taxable Income = Income (Gross Salary + other income) – Deductions.
How is monthly salary calculated?
First, to find your yearly pay, multiply your hourly wage by the number of hours you work each week and then multiply the total by 52. Now that you know your annual gross income, divide it by 12 to find the monthly amount.
How do I find my pay level?
Here is the pay matrix table for employees of the Central Government:
- Grade Pay 1800 to 2800 – Level 1 to Level 5. PB-1 (5200 to 20200) GP. 1800. 1900. 2000.
- Grade Pay 4200 to 5400 – Level 6 to Level 9. PB-2 (9300 to 34800) GP. 4200. 4600. 4800.
- Grade Pay 5400 to 7600 – Level 10 to Level 12. PB-3 (15600 to 39100) GP. 5400. 6600. 7600.
How much is salary level 6?
The 7th CPC pay matrix level 6 of the starting pay scale is Rs. 35,400 and the highest pay scale is Rs. 1,12,400.
How annual salary is calculated?
Multiply the number of hours you work per week by your hourly wage. Multiply that number by 52 (the number of weeks in a year). If you make $20 an hour and work 37.5 hours per week, your annual salary is $20 x 37.5 x 52, or $39,000.
How do you calculate salary per day?
How to calculate per day salary in India?
- For the purpose of one-day salary calculation:
- For example, an employee’s basic salary Rs. 49000 (Dearness Allowance 17\%)
- Basic Salary + Present DA Amount divided by 30.
- (BP + DA) / 30.
- (Monthly Emoluments x 30) / 30.4.