7th pay salary calculator 2016 formula. It natural to be excited about what would be the new salary after 7th pay commission annoucement in 2016. Here I am going to explain you how you can calculate your new expected payout from your office after implementation of 7th pay commission in the year of 2016.
To calculate new salary in 7th pay commission is not so tedius, if you understand carefully then its very easy to calculate your new payout in 2016.
The New salary can be calculated by using following formula:
For example, suppose your current basic pay is 5200 then your new basic pay will be (Current basic Pay X 2.57) = Rs. 13364, New Gross Pay will be New Basic Pay + (Present Grade Pay * 2.57)]= Rs.17990, New TGP will be [New Gross Pay + (Present Basic Pay*0.2355)+(Present Grade Pay*0.2355)+12160]= 31798.5
Same calculator is given below to calculate new expected salary of 7th Pay commission
Many are asking about what about 7th pay commission for armed forces will it be separate from civilians?
Yes, We all knows that Govt. constitutes pay commission every ten years to revise the pay scales and has constituted Six Pay Commissions so far since Indian Independence and after modification (Minor) it is also adopted by the States, but now Indian Armed Forces will have its own separated pay commission for pay revision and benefits providing to the Defence Personnels only, this will be first time in Indian History after independence.
On the demands of all three Chiefs of Indian Defence Services (NAVY, ARMY, Air Force), Central Govt. has agreed to separate or unlink the pay revision of defence personnel from the Civilian Employees and form their own separated pay commissions for Military Personnel in 2013. more over a strong objection was raised by those three services chiefs Continue reading 7th pay commission for armed forces will it be separate from civilians?→
When 7th Pay Commission will be announced, Come or Implemented?
Well, We have several questions in our mind regarding 7th Pay Commission, like when 7th Pay Commissions will be announced? Or When 7th Pay Commission will come into affect or When 7th Pay Commissions will be implemented.
These are the natural questions as we know 7th Pay Commissions announcement has very much goodies in it for all Employees of Central Govt. of India More than 500 K Central employees and more than 350 K Pensioners will be benefited by implementing of this commission. Some people also thinking it is a very good move by the present UPA Govt. in Continue reading When 7th Pay Commission will be announced, Come or Implemented→
Seventh CPC Pay Commission Projected Pay Structure
SEVENTH CPC PAY COMMISSION PROJECTED PAY STRUCTURE
Projected entry level pay using uniform multiplying factor of `3’
We have noticed that every time the revised pay was approximately 3 times more then the last pay was recommended for each new pay commissions which also was accepted by the Govt and implemented as well. this simple formula is called ‘common multiplying factor’. To know the 7th pay commission pay structure we can use this simple formula if next pay commission continue the same pay band and grade pay system for seventh pay Continue reading 7th Pay Commission Projected Pay Scale CPC Structure→
We all know that 7th pay commission setting demands has been raised since January 2011 on completion of five years since the date of effect of the 6th pay commission, recommended by the last 2 pay commissions.