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What will be net salary for Ida pay scale of 16400-3 percent -40500?
Wiki User
∙ 11y ago
Govt pay structure i.e 16400-40500 that is called Engineer/Manager/Sr. Engineer or E1 level
total inhand salary will be around 39,000 INR
Monthly pay package of a newly appointed Manager in IDA scales of pay.
Basic Pay...........................................1640 0
Dearness Allowance (@56.7%)...............9299 (Variable Quarterly – linked to Consumer Price Index)
Fringe Benefit (40%)............................6560
Newspaper Reimbursement.....................90
Productivity Linked Incentive..................525
Employer Contribution to CPF/EPS......3084
Employer Contribution to Gratuity..........1071
Encashable Leave...............................2142
All India Component...........................39171 Plus LTC as per GoI Rules and Full Medical Reimbursement
HRA in X-Class city...4920
HRA in Y-Class city...3280
HRA in Z-Class city...1640
Salary in X-Class city with HRA......44091 Plus LTC and Full Medical Reimbursement i.e. Annual Rs. 5.29 Lakh plus LTC & Medical
Salary in Y-Class city with HRA......42451 Plus LTC and Full Medical Reimbursement i.e. Annual Rs. 5.09 Lakh plus LTC & Medical
Salary in Z-Class city with HRA......40811 Plus LTC and Full Medical Reimbursement i.e. Annual Rs. 4.90 Lakh plus LTC & Medical
In case Lease Accommodation is availed in lieu of HRA
Lease Accommodation in X Class....16200
Lease Accommodation in Y/Z Class.12150
Salary in X-Class city with Lease.....55371 Plus LTC and Full Medical Reimbursement i.e. Annual Rs. 6.64 Lakh plus LTC & Medical
Salary in Y/Z-Class city with Lease..51321 Plus LTC and Full Medical Reimbursement i.e. Annual Rs. 6.16 Lakh plus LTC & Medical
Annual Increment in Basic Pay 3%.
DA, HRA and Fringe benefits linked to Basic Pay.
Wiki User
∙ 11y ago
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