Wednesday, 6 July 2016

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016




PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 5200.007000.00 18000.00
Grade Pay – GP1800.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.20168750.000
03Total Pay15750.0018000.00

DEDUCTION

04Income Tax0.000.00
05CGEIS30.0030.00
06CHSS @ 1% of BP70.00180.00
07Professional Tax175.00225.00
08GPF @ 8.33% of BP583.001499.00
09License Fee135.00135.00
10Total deduction993.002069.00
11Take Home Salary:14757.0015931.00
12Increase in Salary = 18000 – 157502250.00
13% of Increase in Salary14.28%
14Increase in Take Home Salary = 15931 – 147571174.00
15% of Increase in Take Home Salary7.9%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 5200.00 7730.00 19900.00
Grade Pay – GP1900.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.20169125.000
03Total Pay16855.0019900.00

DEDUCTION

04Income Tax0.000.00
05CGEIS30.0030.00
06CHSS @ 1% of BP77.00199.00
07Professional Tax175.00225.00
08GPF @ 8.33% of BP644.001658.00
09License Fee135.00135.00
10Total deduction1061.002125.00
11Take Home Salary:15794.0017775.00
12Increase in Salary = 19900 – 168553045.00
13% of Increase in Salary18.06%
14Increase in Take Home Salary = 17775 – 157941981.00
15% of Increase in Take Home Salary12.54%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 5200.00 8460.00 21700.00
Grade Pay – GP2000.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.201610575.000
03Total Pay19035.0021700.00

DEDUCTION

04Income Tax0.000.00
05CGEIS30.0030.00
06CHSS @ 1% of BP85.00217.00
07Professional Tax175.00225.00
08GPF @ 8.33% of BP707.001808.00
09License Fee135.00135.00
10Total deduction1132.002415.00
11Take Home Salary:17903.0019285.00
12Increase in Salary = 21700 – 190352665.00
13% of Increase in Salary14%
14Increase in Take Home Salary = 19285 – 179031382.00
15% of Increase in Take Home Salary7.72%






COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 5200.00 9910.00 25500.00
Grade Pay – GP2400.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.201612388.000
03Total Pay22298.0025500.00

DEDUCTION

04Income Tax0.000.00
05CGEIS30.0030.00
06CHSS @ 1% of BP99.00255.00
07Professional Tax175.00225.00
08GPF @ 8.33% of BP826.002124.00
09License Fee310.00310.00
10Total deduction1440.002944.00
11Take Home Salary:20858.0022556.00
12Increase in Salary = 25500 – 222983202.00
13% of Increase in Salary14.36%
14Increase in Take Home Salary = 22556 – 208581698.00
15% of Increase in Take Home Salary8.14%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 5200.00 11360.00 29200.00
Grade Pay – GP2800.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.201614200.000
03Total Pay25565.0029200.00

DEDUCTION

04Income Tax473.00836.00
05CGEIS30.0030.00
06CHSS @ 1% of BP114.00292.00
07Professional Tax225.00225.00
08GPF @ 8.33% of BP946.002432.00
09License Fee310.00310.00
10Total deduction2098.004125.00
11Take Home Salary:23467.0025075.00
12Increase in Salary = 29200 – 255653635.00
13% of Increase in Salary14.22%
14Increase in Take Home Salary = 25075 – 234671608.00
15% of Increase in Take Home Salary6.8%






COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 9300.0013500.00 35400.00
Grade Pay – GP4200.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.201616875.000
03Total Pay30375.0035400.00

DEDUCTION

04Income Tax954.001416.00
05CGEIS60.0060.00
06CHSS @ 1% of BP135.00354.00
07Professional Tax225.00225.00
08GPF @ 8.33% of BP1125.002948.00
09License Fee370.00370.00
10Total deduction2869.005373.00
11Take Home Salary:27506.0030027.00
12Increase in Salary = 35400 – 303755025.00
13% of Increase in Salary16.54%
14Increase in Take Home Salary = 30027 – 275062521.00
15% of Increase in Take Home Salary9.16%






COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 9300.00 17140.00 44900.00
Grade Pay – GP4600.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.201621425.000
03Total Pay38565.0044900.00

DEDUCTION

04Income Tax1773.002730.00
05CGEIS60.0060.00
06CHSS @ 1% of BP171.00449.00
07Professional Tax225.00225.00
08GPF @ 8.33% of BP1428.003740.00
09License Fee370.00370.00
10Total deduction4027.007574.00
11Take Home Salary:34538.0037326.00
12Increase in Salary = 44900- 385656335.00
13% of Increase in Salary16.4%
14Increase in Take Home Salary = 17788 – 154032788.00
15% of Increase in Take Home Salary8.07%






COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 9300.00 18150.00 47600.00
Grade Pay – GP4800.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.201622688.000
03Total Pay40838.0047600.00

DEDUCTION

04Income Tax2000.003270.00
05CGEIS60.0060.00
06CHSS @ 1% of BP182.00476.00
07Professional Tax225.00225.00
08GPF @ 8.33% of BP1512.003965.00
09License Fee370.00370.00
10Total deduction4349.008366.00
11Take Home Salary:36489.0039234.00
12Increase in Salary =  47600 – 408386762.00
13% of Increase in Salary16.56%
14Increase in Take Home Salary = 17788 – 154032745.00
15% of Increase in Take Home Salary7.52%









COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 15600.00 22100.00 56100.00
Grade Pay – GP5400.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.201627625.000
03Total Pay49725.0056100.00

DEDUCTION

04Income Tax3695.004970.00
05CGEIS120.00120.00
06CHSS @ 1% of BP221.00561.00
07Professional Tax225.00225.00
08GPF @ 8.33% of BP1841.004673.00
09License Fee500.00500.00
10Total deduction6602.0011049.00
11Take Home Salary:43123.0045051.00
12Increase in Salary = 56100 – 497256375.00
13% of Increase in Salary12.82%
14Increase in Take Home Salary = 45051 – 431231928.00
15% of Increase in Take Home Salary4.47%






COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016


PAY ON 31.12.2015PAY ON 01.01.2016
01Pay in Pay Band 15600.00 25350.00 67700.00
Grade Pay – GP6600.00
Total Basic Pay- BP
02DA @ 125% as on 01.01.201631688.000
03Total Pay57038.0067700.00

DEDUCTION

04Income Tax5158.007290.00
05CGEIS120.00120.00
06CHSS @ 1% of BP254.00677.00
07Professional Tax225.00225.00
08GPF @ 8.33% of BP2112.005639.00
09License Fee500.00500.00
10Total deduction8369.0014451.00
11Take Home Salary:48669.0053249.00
12Increase in Salary =  67700- 5703810662.00
13% of Increase in Salary18.69%
14Increase in Take Home Salary = 17788 – 154034580.00
15% of Increase in Take Home Salary9.41%







Source : http://nfaeehq.blogspot.in/

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