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Monthly pay package of a newly appointed Manager in IDA scales of pay.

Basic Pay...........................................16400

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.

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12y ago

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