CPSE Basic Salary and HRA Calculation with Arrears
Revision of Basic Salary and Allowances as per 3rd PRC Report[Note: All resuts and values are approximate]
|Title of Tool||CPSE Salary Calculator|
|Feature||Revised Pay with Arrears|
|Inputs||Select Basic Salary, HRA Rate and Arrears Period|
|Outputs||Revised Basic Salary, HRA and Arrears|
|Developed by||TEUT Digital Concepts|
Dearness Allowance : Dearness Allowance (DA) is a cost of living adjustment allowance and a mean to offset inflation.
The Committee recommends no change in the IDA pattern and the 100% DA neutralization shall continue to be applicable. Revised IDA from 1.1.2017 shall be linked to All India Consumer Price Index (AICPI) 2001=100 series with the base of AICPI as on 1.1.2017 as per the quarterly average of AICPI of September, October and November 2016.
The Industrial Dearness Allowance (IDA) being followed in the CPSEs under the pay-structure of 2007 follows the 100% DA neutralization [linked to All India Consumer Price Index (AICPI) 2001=100 series with the base of 126.33 as on 1.1.2007]
There is no uniformity of pay-scales among the various Public Sector Enterprises with some of them being governed by pay-scales on the Industrial DA (IDA) pattern and the others following the Central DA (CDA) pattern.
Due to historical reasons, 69 Public Sector Enterprises were following both Industrial Dearness Allowance and Central Dearness Allowance scales for employees below Board level.
However, it was decided that no new CPSE would be set up with a CDA pay structure. It is expected that all CPSEs will switch over to uniform IDA pattern at the earliest.
|Revised Pay Scales effective from Jan 2017|
|Fitment Benefit and Methodology – Click to read more|
|Calculation of Annual Increment – Click to read more|
|Dearness Allowance Calculation – Click to read more|
|Rates of House Rent Allowance (HRA) – Click to read more|
|Perks and Allowances – Click to read more|
|Retirement Age Recommendations – Click to read more|
|Bunching of Pay – Click to read more|
|Retirement Benefits – Click to read more|
|Voluntary Separation Scheme (VRS) – Click to read more|
|Leave Regulations – Click to read more|
|Leased Accommodation – Click to read more|
Also Check: Central Government Pay Matrix Table 2022 PDF