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Before we learn about the salary calculator, let us first understand the terms basic salary, gross salary, net salary, and CTC mean. Check other exam details such as exam pattern, syllabus, question papers and more. Wages may be hourly, daily, weekly, biweekly, or monthly. Level-1. The State Government of Rajasthan revised pay and allowances for its employees with effect from 1st October 2017 as per Rajasthan Civil Services (Revised Pay) Rules, 2017. Tips for Leaders to Improve Persuasion Skills. The EPFO salary structure includes different types of allowances and benefits which are discussed below: Basic Pay: Rs. GetFree Credit Report with monthly updates in your Language The new tax regime offers lower tax rates if you are willing to give up on certain deductions or exemptions under the Income Tax Act of 1961. Kit Maintenance Allowance :- Rs 500 PM. 6 - 7 lakhs (approx) UPPCL AE Salary - Basic pay and Grade pay AE is a level 10 job while, Je is level 7. As per the new recommendations of the 7th Pay Commission, the maximum wages and remuneration have been raised for Government employees. Log in to your Dashboard by clicking here ! For more information on the Assistant Professor pay salary, see the images below. These are some common salary deductions: According to orders from the UP Government, the UPPSC Assistant Professor pay scale ranges from Rs 56100 to Rs 177500, with a 5400-grade pay at level 10. 3,024 Gross Salary: Rs. Calculate your salary using the 7th Pay Commission Pay Level 10: Basic Salary 56100 with comprehensive calculator and easy to use interface. It is a lump sum amount that will come handy during the employees retirement benefit scheme. The overall amount paid to the employee after all deductions such as provident fund and taxes have been deducted. Your credit score is more than just a number. An HR professional calculates 45,000 - 32,000 to get 13,000, the initial range. 36,900 and grade pay is Rs. UP Assistant Professor Salary 2022, Check in-hand salary, allowances, benefits and other details here! 35,400 -Rs.1,12,400) (6th CPC Grade Pay Rs. 50,000/- (approx) CTC : Rs. The gross salary of an employee is inclusive of benefits such as conveyance allowance, medical allowance, HRA or house rent allowance, etc. The salary of that post is calculated on that scale. U74900HR2011PTC044581 Copyright 2014-2023 Paisabazaar.com. A better score can help unlock the things you want most - like a new credit card or best loan rates in the market. Please note that above given salary and pay scale details are as per Central Govt. This cookie is set by GDPR Cookie Consent plugin. Corresponding 7th Pay Commission Rationalised Entry Pay: 56100. To calculate the inhand salary, you can use the following method:Take home salary = Gross Salary Income Tax EPF Professional tax. What is causing the plague in Thebes and how can it be fixed? Various allowances are calculated on this basic pay and added to it to come at total salary. The three basic types of salary structures used by businesses in determining employee earnings are: Suppose an employees basic pay is between Rs. 29406-33312 per month. The table highlights the salary packages for employees working in different cities across India. Salary Calculation Formula: Total Salary per month: Entry Pay / Basic Pay (Rs. A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed. Corresponding 7th Pay Commission Rationalised Entry Pay: 118500, Corresponding 7th Pay Commission Rationalised Entry Pay: 131100, Corresponding 7th Pay Commission Rationalised Entry Pay of this pay scale: 78800, Corresponding 7th CPC Pay Scale: 78800-209200. But opting out of some of these cookies may affect your browsing experience. Disclaimer- We (SarkariNaukriExams.com) provide job/competition exam/academic exam related information gathered from various reliable sources. When a person completes at least five years in an organization, they are eligible to receive gratuity. Also Read: Salary Prediction based on experience using Machine Learning. Theme images by, of Newly recruited Govt employee on the post, Now here is the Salary in Pay Band 2 i.e. HRA: 24% for Class X City, 16% for Class Y city, 8% for Class Z city. 38% DA from 1.7.2022 to CG Employees & Pensioners. This means that at any given time the basic pay will be fixed between this. The salary calculation should be done as follows: Basic Pay of Rs. Save my name, email, and website in this browser for the next time I comment. An entry-level position within a company will often have fewer responsibilities and will, therefore, fall lower on the pay scale. The take-home salary is equal to gross salary minus the total deductions, i.e., 6,00,000 43,400 = 5,16,600. Formula: Total Salary = Basic pay or Entry Pay + Dearness Allowance (42% w.e.f. 90,000 per month). 6766) . Corresponding 7th Pay Commission Rationalised Entry Pay: 35400, Corresponding 7th CPC Pay Scale: 35400-112400. Pay Matrix Level 10 Hand Salary. Cash in Hand Salary: Rs. Dearness Allowance: Allowances are calculated on basic pay. The 5400 pay grade is further divided. 7th Pay Commission Latest News Today 2023. Learn data analytics or software development & get guaranteed* placement opportunities. This is the amount that is arrived at before any deductions, increments, bonuses, or allowances. (adsbygoogle = window.adsbygoogle || []).push({}); The monthly gross salary structure for Central Government employees with a basic pay ofRs. DA or Dearness allowance is the fixed percentage of your basic salary. 124,637 Y Class & TPTA - Salary Calculation for Basic Salary 67700 The monetary benefit given to the employee in return for the services rendered is known as gratuity. Grade Pay 1800: Grade Pay 1900: Grade Pay 2000: Grade Pay 2400: Grade Pay 2800: 7 th CPC: Pay Level 1: Pay Level 2: Pay Level 3: Pay Level 4: Pay Level 5: 1: 18000: 19900: 21700: 25500: 29200: 2: . They are calculated by multiplying the number of hours worked by the hourly rate and then multiplying that by the number of weeks in a year. Check Now. 2.25 lakh per month and for the officers in the Cabinet, the maximum remuneration is Rs. 29200), Pay Matrix Level 1 (GP-1800) Hand Salary Calculation from Rs. 43,400. 600 or 750? What is the Hand Salary of 7th Pay Matrix Level 10? depending on department and post. Further information on this topic can be found below. Dearness Allowance @ 80 percent :- Rs 21600 PM. A salary is determined based on comparing similar positions in the same industry or region. However, the pay level has changed. We promise! You are paid twice a month, usually in the middle of the month. 2.5 lakh. 3600, Rs. 56,100, Dearness Allowance (42%) of Rs. Government employees directly coming under the purview of the 7th Pay Commission. It does not store any personal data. *Minimum salary of a person posted in Y Cities and Other Places in the list of classification of cities and towns for the purpose of HRA and TA. 18,800 and so on. Leave Travel Subsidy and Household Help Allowance. Check Pre-approved Offers and Apply Instantly. The salary for pay scale 15600 39100 after the final calculation stands: So the final salary after calculating all these steps stands to Rs. Specifically, this calculation determines the base pay of Rs. You also have the option to opt-out of these cookies. Its worth noting that the HRA for Y Class is 18%, which further enhances their earnings. Corresponding 7th CPC Pay Scale: 67700-208700. This cookie is set by GDPR Cookie Consent plugin. It contains details regarding the salary earned by the employee and the amount of tax to be deducted. 67,700 Dearness Allowance (42%): Rs. Implementing a pay scale replaces the traditional, Now the grade pay is added to this basic pay and dearness allowance to make the, So, Monthly salary = basic pay + grade pay + DA = 15600+ 5400+25000 =, 8%, 16%, 24% of Basic pay (As per entitlement), Rs. At present it is 117%. It is the take-home pay and typically means the amount shown after all deductions are made. So, Monthly salary = basic pay + grade pay + DA = 15600+ 5400+25000 = Rs. Giving advice and suggestions on college matters is also a part of an Assistant Professors duty. Military Service Pay :- Rs 6000 PM. w.e.f. 5200-20200. You can also use the salary builder to gain insights on your salary growth in 5 & 10 years, compare your salary v/s peers, and find out how you can earn more. 7th CPC MACP Scheme | Latest Clarification on MACP Scheme. Cash in Hand Salary per month: 27096-31146 per month. She loves attending music festivals and reading. [ For Latest Updates Download Our Andriod App ], JSSC JMSCCE Recruitment 2023 | Online Form, Sikkim PSC Dental Surgeon Recruitment 2023, CGPSC Archaeological Officer Recruitment 2023, MPPSC Assistant Geologist Recruitment 2023, SBI Specialist Cadre Officer (SCO) Recruitment 2023, SECR Trade Apprentice Recruitment 2023 | Online Form, Bihar Police Sub Inspector (SI) Recruitment 2023, UPHESC/UPPSC Assistant Professor Salary Deductions 2023, UP Assistant Professor Salary After the 7th pay commission. 1800, Rs. The salary range for an Assistant Professor position at UPPSC falls under PB 3 (15600-39100), with a starting grade salary of 5400 in Uttar Pradesh. Calculating the monthly salary for those in X Class and TPTA just got easier! 7200 (As per entitlement), Let us understand this with the help of an example. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. No, an IAS officer cannot earn more than the maximum salary mentioned in the salary structure. However, the pay level has changed. The IAS Salary Structure for 2023 ranges from Pay Level 10 to Pay Level 18 under Pay Band PB-3 (15600 to 39100), with a Grade Pay of 5400 and a Pay Scale of 56,100/- - 1,77,500/-. The IAS Salary Structure for the year 2023 is categorized into Pay Level 10 through Pay Level 18, within the Pay Band PB-3 (15600 to 39100). Check the full details below. The 7th CPC pay matrix level 6 of the starting pay scale is Rs. Rajasthan Nursing Officer Pharmacist Recruitment. A Form 16 is a certificate issued by an employer to an employee, specifying the amount of tax deducted at source from the employees salary. This stage contains only 39 index pay hierarchy. 18,000. The RRB Group D salary will be in Level 01 of 7th CPC Pay Matrix with initial pay of Rs.18000/- plus other allowances admissible at that time. The calculation is based on a basic pay of Rs. Within this Group-B classification, posts in GP 4200/Level-6 are generally classified as non-gazetted and those in GP 4600/Level-7 and above as gazetted in the Recruitment Rules. CTC or Cost to Company is the amount that a company has directly or indirectly used to hire or retain employees. Analytical cookies are used to understand how visitors interact with the website. Cash in Hand Salary: 47947-54289 per month. These may be used for the purpose of fixation in the revised pay structure as on 1.1.2006. 105,033. 76000-83100 per month. Free Demo Classes Register here for Free Demo Classes Download App & Start Learning Source: safalta.com Along with this, there are many allowances and benefits that personnels in the Indian Army receive. A salary is paid at fixed intervals, generally on a monthly basis. 7th CPC Level 7th CPC Basic City for TA City for HRA 7th CPC Pay Matrix Table Level 1 to 5 Level 6 to 9 Level 10 to 12 Level 13 to 14 Hag Scales 1. Kindly download our app. Cash in Hand Salary: Rs. 67,700 and the Pay Matrix Level is Level 11 (6600 GP). 67,700 and 2,08,700 respectively. The duty of an Assistant Professor is to Maintain the records of students and help them in the daily activities of the college. 9300-34800 and Pay Band 1: 5200-20200 of Newly recruited Govt job employee. Now the grade pay is added to this basic pay and dearness allowance to make the gross salary. 67700 in pay matrix level 11has been calculated and presented in a table format. This website uses cookies to improve your experience while you navigate through the website. 46714 with 17% Dearness Allowance, 8% House Rent Allowance and Transport Allowance. All those aspiring to appear for this exam must know all the details related to the exam such as eligibility criteria, exam pattern, syllabus, salary and so on. Follow these steps to calculate the take-home salary. Under Cost to Company, there are various components. Canteen facilities for groceries and other items. These cookies track visitors across websites and collect information to provide customized ads. VII Civilian Pay Matrix. These cookies will be stored in your browser only with your consent. Please try again later. 67,700 and Level 11 (6600 GP), including an HRA of 18%. Rajasthan Level 10. The main job of the candidates after clearing the interview round will be teaching as an Assistant Professor. In 5200-20200 Pay Scale, 5200 is the starting basic pay while 20200 is the last basic pay for a post. 5,16,600. Salary in Pay Scale 9300-34800 and 5200-20200 @42% DA, Starting Basic Pay in 7th CPC Pay Commission. 3,600, DA on Transport Allowance of Rs. 5,049. Starting Salary in Pay Scale 9300-34800 @42% DA, Assistant Audit Officer (AAO), Assistant Accounts Officer, ASO, Assistant, Income Tax Inspector/Central Excise inspector / Check Now. Ltd. All rights reserved. In-Hand Salary = Monthly Gross Income Income Tax Employee PF Other Deductions if any. A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employees level, rank or status within the employers organization, the length of time that the employee has been employed, and the difficulty of the specific work performed. First, enter your CTC or Cost to Company and bonus (if any) to determine the gross salary. 18000), Monthly Salary for CG Employees Pay Level 3 (Rs. 5400 is going to receive in todays date as per the new regulations of the government. 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As per your inputs, your 7th Pay Commission Basic Salary is Rs. 26943-30525 per month. 59858-68795 per month. 10 Which is pay level 1 in central government? Pay scales are important business planning tools for companies to create new positions when the budget allows, while also providing a standard of transparency where employees know their value and join a company with clear wage expectations. in the HR, Admin. You are paid at the end of every month. It will take 2 mins and is absolutely free. Congratulations! 7th CPC MACP Scheme | Latest Clarification on MACP Scheme, House Rent Allowance (Class X 27%): Rs. 103881, encompassing all applicable allowances that includes a considerable 17% DA and 24% HRA. Your email address will not be published. 56,100, Dearness Allowance of Rs. While the salary and wages being offered to an employee are important, there are other non-financial benefits that an employer can offer. Take-Home Salary. With the help of this Salary Builder, you can get valuable insights regarding your salary growth and compare your salary with your peers. 16,230 and after next increment it becomes Rs. Corresponding 7th Pay Commission Rationalised Entry Pay: 21700, Corresponding 7th CPC Pay Scale: 21700-69100. The minimum monthly gross salary for pay matrix level 1 is Rs. Jobs (Railway, PSU, SSC jobs etc.) Some factors companies usually consider when creating a pay scale are: The need for services and products within differing industries directly relates to the need for employees and their skills. Other allowances as applicable depending on post, are not included in total salary shown here. What characteristics allow plants to survive in the desert? 57,800 - 1,77,500. 23,562, House Rent Allowance (Class Z 9%) of Rs. The Net salary is typically lesser than the gross salary. What is the current rate of DA, HRA, and TA? An employees gross salary would include benefits such as conveyance allowance, medical allowance, house rent allowance, etc. What is the starting in-hand salary for an IAS officer in 2023? 11424. Also Read: Top Highest paying jobs in the world. Check Entry Pay of All Pay Bands from below given image: Check More Details of 4600 Grade Pay Salary, Check More details of 4200 Grade Pay Salary, Check more details of 1900 Grade Pay Salary, Various Pay Scale and Basic pay - click to see full size, Current Dearness Allowance: 34% (applicable from January 2022). DNI Issue : 1st of Jan Sunday or Gazetted Holiday? We also use third-party cookies that help us analyze and understand how you use this website. Although many factors can influence where an employee places on a pay scale, companies and leadership often develop a set of standards to help in the fair assignment of compensation for new and existing employees to understand the hierarchy of the company and to have confidence that they are paid a reasonable wage. Other Allowances includes transport allowance, Ration allowance, Washing allowance, Medical allowance, phone allowance, shift allowance etc. This is the most cost-effective method of payment for employers. So you will need to know your basic salary and your exact grade pay in order to find out what your final salary will be. So what exactly is the salary after all this calculation? The minimum increment for this level is Rs. Maharashtra S20 Pay Matrix. The candidates can find the salary break up for the post of Assistant Professor in the space below: Apart from the basic salary promised the candidates who have been selected for the UP Assistant Professor post will also get the following perks and allowances: Accommodation by the government or House rent allowance. Now that we know more about the salary calculator, let us talk about what we mean by in-hand salary. Cash in Hand Salary: Rs. Your email address will not be published. 22,500-Rs.25,380. The pay scale of Havaldar in the Indian Army is the same as a soldier such as Rs.5200 - Rs 20,200, grade pay is Rs.2800, Army service pay is Rs.2000 and the total in-hand case is Rs.40000. 5400-7600. After calculating these factors, the Gross Salary of the employee is determined to be Rs. The basic salary is the in-hand salary. Rajasthan Pay Level 8. Your email address will not be published. 7th Pay Commission Latest News Today 2023, Central Government Employees News Today 2023, Leave Encashment Calculation & Calculator 2023, 7th Pay Matrix Table 2020 Pay Level 11 (GP 6600), Salary Increment Table for Pay Matrix Level 11 (GP 6600), Clarification on Grant of Non-functional Scale to Group B Officers in Pay Matrix Level-11, DA Arrears Ready Reckoner Tables for Level-11, Monthly Salary for CG Employees Pay Level 1 (Rs. However, it includes the amount such as bonuses, overtime pay, or holiday pay. The basic perks and allowances of a UPPSC Assistant Professor are TA/DA, HRA, Shifting Allowance, House Furnishing Allowance, Medical Benefits, Gratuity. Copyrights@2021 | Privacy Policy | About Us | Contact Us. I retired in August 2008 after rendering 37 years and 8 months in present Pay Band of 15600-39100 & Grade Pay 5400.. 35,400 and the highest pay scale is Rs. 3,024, resulting in a Gross Salary of Rs. Corresponding 7th Pay Commission Rationalised Entry Pay: 67700. Currently Dearness allowance for Central Govt Employees is 42% applicable from January 2023. Candidates who have cleared both the written and the interview round of the examination are appointed as Assistant professors in the college. Grade pay is the exact monetary compensation a person earns at a job that uses a pay grade system. 1700. The gross salary is 6,00,000 - 40,000 = 5,60,000. Cash in Hand Salary: Rs. Kerala 11 Pay Revision. Personal Income Tax (as per Government guidelines). Private employers use salary structures with grades (including minimums, midpoints and maximums) to define the ranges of pay available to employees in each grade/range. This is the final amount that the person with Grade Pay Rs. It is the total salary package that the company is providing to the employee and indicates the overall expenses that the company is spending on the employee in one financial year. CIN No. 2013 - 2023 Great Lakes E-Learning Services Pvt. 7th PAY COMMISSION Level Pay Pay Range in Matrix (in ) (No longer exists) AV(New) PB2 9300-34800 4800 8 Pay in Pay Band (Common to all Branches) - Rs 15,600 Per Month (The officer will be placed in PB 3 - 15600-39100) Grade Pay :- Rs 5400 PM. Basic Pay: Rs. Salary Calculation Formula: Gross Salary per month: Entry Pay / Basic Pay (Rs. 6,018 (17% of Basic Pay), House Rent Allowance: Rs. 7th CPC For Professors What is Level 6 central government salary? Usually at the end of the day. Published by: The cities have been categorized into three segments for House Rent Allowance and two categories for Transport Allowance. Pay Matrix Level 8 Hand Salary. Wages are typically hourly payments for work performed. Also, you need to know the miscellaneous allowances that you are going to receive with it because those will be added to the final salary as well. However, you may visit "Cookie Settings" to provide a controlled consent. These benefits can also be considered while looking for a job as they add significant value. Net Salary = Gross Salary All deductions such as professional tax, income tax, pension, etc. In the Union Budget 2020, the new tax regime was introduced wherein the individual taxpayers have an option to choose between the old and new tax regime. 18000 to Rs. Your OTP resend limit exceeded. Insurance (LIC, GIC, NIACL, UIIC, OIC, NICL, AIC), Mutual Fund (Equity, Credit Officer, Money Accountant), Health Care (Hospital, Medical Insurance, Doctor, AIIMS), Full Stack Developer (Electrical, Electronics, Computer, Automobile), Artificial Intelligence (AI Robotic, Machine Learning, Data Science, Deep Learning), LIC India: (Premium Insurance Agent, Loan Officer, Sales & Marketing), Private Companies (Tata Steel, Byjus, Amazon, Flipkart, Reliance, Groww). It may be determined based on assessing the number of vacancies for a specific job role. 9300-34800, Now here is the Salary in Pay Band 1 i.e. The cookie is used to store the user consent for the cookies in the category "Performance". The tables display four different types of information for the basic pay of Rs. The following is a table with the pay scale tables of the 4th, 5th, 6th, and 7th Central Pay Commission including the grade, the scale, the pay band, the pay scale, and the grade pay. (15th). As per the official notification, the candidates will be getting paid under the Grade Pay of Rs 5400 to Rs 7600. Corresponding 7th Pay Commission Rationalised Entry Pay: 53100, Corresponding 7th CPC Pay Scale: 53100-167800. We have tried our best to provide accurate information about the exam date/admit card/answer key, syllabus, previous paper, results, and other informative links. Cash in Hand Salary: Rs. Salaries, on the other hand, are typically annual payments for work performed. Your value to a company increases because your skills can positively affect your productivity, and your expertise can serve to support less-experienced co-workers. Similarly, In 9300-34800 Pay Scale, the starting basic pay is 9300 and last basic pay is 34800. The Apex scale employees will receive an increased salary amount of Rs. 56900, Central Govt First Month Salary Calculator, X Y Z Classification of Cities for HRA PDF, Retirement Date Calculator for Govt Employees, Fixation Calculator as per FR 22(I)(a)(1), Leave Encashment Calculation for CG Employees, Grade Pay Salary Calculation after 7th CPC, Delhi CGHS Approved Diagnostic Centre List, CGHS Ward Entitlement and Monthly Subscription in 7th CPC, VRS Scheme for Central Govt Employees PDF. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. It is also known as the take-home salary. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 | Central Government Employees News | 7th Pay Commission News |, X Class & TPTA Salary Calculation for Basic Salary 56100, Y Class & TPTA Salary Calculation for Basic Salary 56100, Y Class & Other Places Salary Calculation for Basic Salary 56100, Z Class & Other Places Salary Calculation for Basic Salary 56100. Required fields are marked *. If you are a newcomer, you might not know what these terms are. January 2023) + House Rent Allowance (HRA @9/18/27 % of Basic pay) + other allowances Net in Hand Salary: Total Salary - Deductions Deductions: 10% for NPS, remaining taxes as applicable Check Basic pay of various Pay scales from below given image. If you have any question please add a comment. The basic job profile of an Assistant Professor in UPPSC is to work in any college of Uttar Pradesh and teach students. Some of these components are listed below: Net salary is also known as the take-home salary. The minimum and maximum basic salary of 7th CPC pay matrix level 11 is Rs. (It is expected that dearness allowance will be 30-32% at the time of joining) HRA : 24% of basic pay = Rs. As per the 7th pay commission, the pay level 10 (Pay Band 2) has been bestowed upon the Grade Pay of Rs. Here are the other components of his salary: Here is the Total Minimum Monthly Salary Calculation for 7th Pay Matrix Level 6 (Rs. Tanuja is a content writer who enjoys spending time in nature, watching football, and journaling. Advanced educational degrees can help you gain upward mobility in an industry or within the same company and differentiate you from others within the same role. UP Assistant Professor Salary 2022: TheUttar Pradesh Higher Education Service Commission conducts UP Assistant Professor Recruitment Exam to recruit candidates for the post of Assistant Professor. What is the Pay Matrix for central government? 29200), Pay Matrix Level 1 (GP-1800) Hand Salary Calculation from Rs. This brings us to the end of the blog on the salary calculator. CG Pay Level 10. According to the website of the 7th Pay Commission, one can compute their total salary/pay package by following the simple instructions given below: What were the factors incorporated into the new pay matrix? Log in. Maharashtra Pay Level S 15. 44,900/- (Level-7) Salary in Hand : Rs. The Payscale of the UPPSC Assistant Professor is Rs.

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