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Gratuity Calculation 2024: Limit Increased to 25 Lakh from 1.1.2024 In a noteworthy update shared in their letter dated April 30, 2024, the Employees’ Provident Fund Organisation has made a pivotal advancement by increasing the ceiling on retirement and death gratuities by an impressive 25%. This positive adjustment elevates the maximum gratuity from Rs.20 lakh … Read more
Retirement Date Calculator for Central Government Employees 2024 60 Years Retirement Date Calculator for Government Employees: Central government employees must retire upon reaching the age of 60, marking an immediate end to their service once they hit that milestone. This policy is uniformly enforced for all central government staff, leaving no room for exceptions beyond … Read more
One Rank One Pension Scheme implemented from 1.7.2014 to all Retired Before 1 July 2014 Department of Ex-Servicemen Welfare issued orders on 3rd February, 2016 regarding the implementation of OROP along with 101 Ready Reckoner tables indicating rates of pension/family pension for each rank and each category. Arrears on account of revision of pension from … Read more
7th CPC Earned Leave Encashment Calculator for Central Government Employees Leave Encashment of Central Government Employees Calculator: The manner of computing earned leave encashment is distinct for both private and public sector employees. The government has devised a specific framework in line with the recommendations of the 7th pay commission, to determine the quantum of … Read more
Check Expected IDA for January 2024 with Our Online Calculator! Discover the Anticipated Industrial Dearness Allowance (IDA) for January 2024 Using Our Convenient Online Calculator! If you are currently employed by a Central Public Sector Enterprise, we invite you to read this article in order to determine the expected percentage of Industrial Dearness Allowance (IDA) … Read more
Income Tax AY 2020-21 Calculator for Salaried (Central and State Government) Employees 100% of the Government employees are paying income tax for their monthly salary, arrears, bonus, and every rupee [Note: The above calculation for general information purpose only] The Central Govt announced recently in the Union Budget 2020-21 a new optional Income Tax slab … Read more
HRA Tax Exemption Calculator for Salaried Employees Income Tax Exemption Calculation on House Rent Allowance for Central and State Government Employees with Rules and Regulations The new rates of 7th Central Pay Commission House Rent Allowance with effect from 1.1.2016 such as 8%, 16%, 24% of basic salary House Rent Allowance (HRA) is a consolidated … Read more
7th Pay Commission Salary Calculator 2020 for Central Government Employees The calculation of the monthly salary for Central Government employees is very simple. First, you have to know the ‘Basic Salary’ of an employee. It may be described also as ‘Basic Pay’ or ‘Basic Scale’ in their payslip. According to the basic pay, allowance to … Read more
7th Pay Commission Salary Online Free Calculator 7th Pay Commission Pay Scale Calculator for Central Government Employees We are once again presented here a calculator for reference pruposes only. Some of our readers are still asking some doubts about the pay fixation of their pay while the 7th pay commission implementation. How to calculate the … Read more
Expected Dearness Allowance from July 2020 Calculator – 7thpaycommissionnews Dearness Allowance (DA) is one of the most important monthly salary elements for Central Government Employees and Pensioners. Unfortunately, the DA Hike is now Freeze! The next additional installment of DA percentage is not valid for the current DA Hike! The percentage of DA Hike from … Read more