7th Pay Commission 2020

7th Pay Commission: How is the calculation of basic salary and other allowances? Understand complete mathematics

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7th Pay Commission basic salary latest news in Hindi: Employees working at any post or grade get a predetermined amount, which is called basic salary. It is determined according to grade pay.

7th Pay Commission 7th CPC basic salary calculation: There is often confusion among the employees about salary and new employees are often worried about how their salary has been calculated. To understand the whole mathematics of salary, first of all we should understand how basic salary calculates. Actually, the employees working at any post or grade get a pre-fixed amount, which is called basic salary. It is determined according to grade pay. Apart from this, the determination of other allowances and increments is also decided according to this basic salary. For example, any employee gets DA equal to 17% of basic salary and HRA is also calculated on the same salary.

Talking of central employees, the Government of India determines only basic salary based on the recommendations of the Pay Commission. After this, HRA and DA etc. are calculated on the basis of this basic salary. The recommendations of the Pay Commission are implemented once in 10 years. At present the minimum basic salary under the 7th Pay Commission has been fixed at Rs 18,000. Basic salary of Group A officers has been fixed at Rs 56,100, while Group B officers get monthly salary of Rs 35,400. Basic salary for Group C staff is fixed at Rs 18,000.

What are the advantages and disadvantages of having more basic salary: In addition to the government, private companies, many times there is a big difference in basic salary of employees. Even though equal amount is transferred in the accounts of different employees, there are many times difference in their basic salary. If the basic salary of an employee is high, then he has to pay more tax because this part of salary is fully taxable. However, the amount of PF is decided by this, so there is an advantage on this front.

What is gross salary: The total salary that any employee gets is called gross salary, which has many components in the form of DA, HRA, basic salary and other allowances. It does not include deduction of income tax.

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7th Pay Commission 2020 7th Pay Commission 2020 Reviewed by Ab World on June 30, 2020 Rating: 5

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