Monday, September 1, 2008

PAY FIXATION AS ON 01-01-2006

Revised pay formula = Basic pay of 01-01-2006 * 1.86 + Grade pay [Rounded upto next 10] . As per chart provided pay fixation as below -
01-01-2006 revised pay + increment @3% as on 01-07-2006 + DA @ 2% on 01-07-2006 .
5% as on 01-01-2007 . 9% as on 01-01-2007 . 12% as on 01-01-2008 . 16% as on 01-07-2008 will be the pay as on 01-09-2008.
+ TA for 1600 A1 & A cities and
Rs. 800 for other cities including 16% DA on it.

30 % , 20 % & 10 % applicable HRA on Basic Pay- This will be the Total Pay of Sept 2008.

All Relevent Chart inthis Blog willbe roundedup to Ten Rs. for fixation of Pay.

General Secretary.

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Is it necessary or beneficial to maintain identity of S.B.C.O as a internal audit branch?