What is level-7 salary in 7th Pay Commission?
According to the 7th pay commission pay matrix, a Level-7 employee get a salary from Rs 44,900 to Rs 1,42,400 per month. Means, after successful completion of the recruitment process, the candidate will get an initial monthly salary of Rs 44,900 plus other allowances like Dearness Allowance (DA), TA, HRA, etc.
What is 6th pay and 7th pay?
7th Pay Commission Fitment Formula The 6th Pay Commission had suggested 1.86 as Fitment Factor. The 7th Pay Commission recommended a common fitment benefit of 2.57 to be applied for all employees. On the basis of this fitment factor, the minimum basic pay for central government employees is Rs.
What is the salary of 7th Pay Commission?
According to the 7th Pay Commission Matrix, the salary range of Level-1 of central employees ranges from Rs 18,000 to Rs 56,900. Now on the basic salary of Rs 18,000, the total annual dearness allowance will be Rs 66,960. But talking about the difference, the annual increase in salary will be Rs 30,240.
What is pay level matrix 7?
In the pay matrix,4600 grade in 6th CPC has now changed pay level 7 in 7th CPC. Salary depends upon the position of an employee in the hierarchy of an organisation. In case an employee appointed in direct requirement under pay level 7, He/She will be fixed with the basic salary of Rs.44900 (not a cross salary)
How is 7th pay fixation calculated?
The salary is calculated by multiplying the current basic pay by a factor of 2.57, then adding all relevant benefits such as Transport Allowance (TA), House Rent Allowance (HRA), Medical Allowance, and so on to arrive at the final amount.
How is 7th pay calculated?
How to calculate the 7th CPC revised pay scale?
- Step 1: Check your basic pay (including grade pay) as on 31.12.2015.
- Step 2: Multiplication by a Fitment factor of 2.57.
- Step 3: Rounded off to the nearest rupee.
- Step 4: Go to Matrix Pay Table and select the Level corresponding to Grade Pay.
Will there be 8th Pay Commission?
The 8th pay commission panel will be expected to set up in the year 2024. So, the 8th CPC is will be implemented with effect from 01-01-2026.