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Sunday, August 17, 2008

Modified Pay and Arrear calculator available.

The modified pay and arrear calculator has been made available at staffcorner.com . The calculator is based on the Cabinet approved recomendations
The following details are considered in addition to the report provided by the sixth pay commission:
  • Fitment based on multiplication factor of 1.86 instead of 1.74
  • Annual increment of 3% given in July
  • Lowest transport allowance of Rs. 600/- instead of Rs. 400/-
  • The following DA rates are considered*. - 0%- 1.1.06; 2%- 1.7.06; 6%- 1.1.07; 9%- 1.7.07; 12%- 1.1.08 and 16%- 1.7.08 onwards
Please visit staffcorner.com for more details. The suggestion about the calculator can be made at the discussion forum.