Tuesday, 5 July 2016

COMPARISON OF PAY between 6th Pay Commission & 7th Pay Commission

COMPARISON OF PAY between 6th Pay Commission & 7th Pay Commission

COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  5200.00 7000.00  
18000.00
Grade Pay – GP 1800.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 8750.00 0
03 Total Pay 15750.00 18000.00
DEDUCTION
04 Income Tax 0.00 0.00
05 CGEIS 30.00 30.00
06 CHSS @ 1% of BP 70.00 180.00
07 Professional Tax 175.00 225.00
08 GPF @ 8.33% of BP 583.00 1499.00
09 License Fee 135.00 135.00
10 Total deduction 993.00 2069.00
11 Take Home Salary: 14757.00 15931.00
12 Increase in Salary = 18000 – 15750 2250.00
13 % of Increase in Salary 14.28%
14 Increase in Take Home Salary = 15931 – 14757 1174.00
15 % of Increase in Take Home Salary 7.9%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  5200.00  
7730.00
 
19900.00
Grade Pay – GP 1900.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 9125.00 0
03 Total Pay 16855.00 19900.00
DEDUCTION
04 Income Tax 0.00 0.00
05 CGEIS 30.00 30.00
06 CHSS @ 1% of BP 77.00 199.00
07 Professional Tax 175.00 225.00
08 GPF @ 8.33% of BP 644.00 1658.00
09 License Fee 135.00 135.00
10 Total deduction 1061.00 2125.00
11 Take Home Salary: 15794.00 17775.00
12 Increase in Salary = 19900 – 16855 3045.00
13 % of Increase in Salary 18.06%
14 Increase in Take Home Salary = 17775 – 15794 1981.00
15 % of Increase in Take Home Salary 12.54%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  5200.00  
8460.00
 
21700.00
Grade Pay – GP 2000.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 10575.00 0
03 Total Pay 19035.00 21700.00
DEDUCTION
04 Income Tax 0.00 0.00
05 CGEIS 30.00 30.00
06 CHSS @ 1% of BP 85.00 217.00
07 Professional Tax 175.00 225.00
08 GPF @ 8.33% of BP 707.00 1808.00
09 License Fee 135.00 135.00
10 Total deduction 1132.00 2415.00
11 Take Home Salary: 17903.00 19285.00
12 Increase in Salary = 21700 – 19035 2665.00
13 % of Increase in Salary 14%
14 Increase in Take Home Salary = 19285 – 17903 1382.00
15 % of Increase in Take Home Salary 7.72%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  5200.00  
9910.00
 
25500.00
Grade Pay – GP 2400.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 12388.00 0
03 Total Pay 22298.00 25500.00
DEDUCTION
04 Income Tax 0.00 0.00
05 CGEIS 30.00 30.00
06 CHSS @ 1% of BP 99.00 255.00
07 Professional Tax 175.00 225.00
08 GPF @ 8.33% of BP 826.00 2124.00
09 License Fee 310.00 310.00
10 Total deduction 1440.00 2944.00
11 Take Home Salary: 20858.00 22556.00
12 Increase in Salary = 25500 – 22298 3202.00
13 % of Increase in Salary 14.36%
14 Increase in Take Home Salary = 22556 – 20858 1698.00
15 % of Increase in Take Home Salary 8.14%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  5200.00  
11360.00
 
29200.00
Grade Pay – GP 2800.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 14200.00 0
03 Total Pay 25565.00 29200.00
DEDUCTION
04 Income Tax 473.00 836.00
05 CGEIS 30.00 30.00
06 CHSS @ 1% of BP 114.00 292.00
07 Professional Tax 225.00 225.00
08 GPF @ 8.33% of BP 946.00 2432.00
09 License Fee 310.00 310.00
10 Total deduction 2098.00 4125.00
11 Take Home Salary: 23467.00 25075.00
12 Increase in Salary = 29200 – 25565 3635.00
13 % of Increase in Salary 14.22%
14 Increase in Take Home Salary = 25075 – 23467 1608.00
15 % of Increase in Take Home Salary 6.8%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  9300.00 13500.00  
35400.00
Grade Pay – GP 4200.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 16875.00 0
03 Total Pay 30375.00 35400.00
DEDUCTION
04 Income Tax 954.00 1416.00
05 CGEIS 60.00 60.00
06 CHSS @ 1% of BP 135.00 354.00
07 Professional Tax 225.00 225.00
08 GPF @ 8.33% of BP 1125.00 2948.00
09 License Fee 370.00 370.00
10 Total deduction 2869.00 5373.00
11 Take Home Salary: 27506.00 30027.00
12 Increase in Salary = 35400 – 30375 5025.00
13 % of Increase in Salary 16.54%
14 Increase in Take Home Salary = 30027 – 27506 2521.00
15 % of Increase in Take Home Salary 9.16%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  9300.00  
17140.00
 
44900.00
Grade Pay – GP 4600.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 21425.00 0
03 Total Pay 38565.00 44900.00
DEDUCTION
04 Income Tax 1773.00 2730.00
05 CGEIS 60.00 60.00
06 CHSS @ 1% of BP 171.00 449.00
07 Professional Tax 225.00 225.00
08 GPF @ 8.33% of BP 1428.00 3740.00
09 License Fee 370.00 370.00
10 Total deduction 4027.00 7574.00
11 Take Home Salary: 34538.00 37326.00
12 Increase in Salary = 44900- 38565 6335.00
13 % of Increase in Salary 16.4%
14 Increase in Take Home Salary = 17788 – 15403 2788.00
15 % of Increase in Take Home Salary 8.07%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  9300.00  
18150.00
 
47600.00
Grade Pay – GP 4800.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 22688.00 0
03 Total Pay 40838.00 47600.00
DEDUCTION
04 Income Tax 2000.00 3270.00
05 CGEIS 60.00 60.00
06 CHSS @ 1% of BP 182.00 476.00
07 Professional Tax 225.00 225.00
08 GPF @ 8.33% of BP 1512.00 3965.00
09 License Fee 370.00 370.00
10 Total deduction 4349.00 8366.00
11 Take Home Salary: 36489.00 39234.00
12 Increase in Salary =  47600 – 40838 6762.00
13 % of Increase in Salary 16.56%
14 Increase in Take Home Salary = 17788 – 15403 2745.00
15 % of Increase in Take Home Salary 7.52%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  15600.00  
22100.00
 
56100.00
Grade Pay – GP 5400.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 27625.00 0
03 Total Pay 49725.00 56100.00
DEDUCTION
04 Income Tax 3695.00 4970.00
05 CGEIS 120.00 120.00
06 CHSS @ 1% of BP 221.00 561.00
07 Professional Tax 225.00 225.00
08 GPF @ 8.33% of BP 1841.00 4673.00
09 License Fee 500.00 500.00
10 Total deduction 6602.00 11049.00
11 Take Home Salary: 43123.00 45051.00
12 Increase in Salary = 56100 – 49725 6375.00
13 % of Increase in Salary 12.82%
14 Increase in Take Home Salary = 45051 – 43123 1928.00
15 % of Increase in Take Home Salary 4.47%
COMPARISON OF PAY AS ON 31.12.2015 AND AS ON 01.01.2016
PAY ON 31.12.2015 PAY ON 01.01.2016
01 Pay in Pay Band  15600.00  
25350.00
 
67700.00
Grade Pay – GP 6600.00
Total Basic Pay- BP
02 DA @ 125% as on 01.01.2016 31688.00 0
03 Total Pay 57038.00 67700.00
DEDUCTION
04 Income Tax 5158.00 7290.00
05 CGEIS 120.00 120.00
06 CHSS @ 1% of BP 254.00 677.00
07 Professional Tax 225.00 225.00
08 GPF @ 8.33% of BP 2112.00 5639.00
09 License Fee 500.00 500.00
10 Total deduction 8369.00 14451.00
11 Take Home Salary: 48669.00 53249.00
12 Increase in Salary =  67700- 57038 10662.00
13 % of Increase in Salary 18.69%
14 Increase in Take Home Salary = 17788 – 15403 4580.00
15 % of Increase in Take Home Salary 9.41%

Source : http://nfaeehq.blogspot.in/

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