Sunday, 30 May 2021

7th Pay Commission: Check the salary calculation of central govt employees after DA hike

Zee News Currently, the fitment factor of central employees stands at 2.57. The basic salary is calculated by multiplying it by 2.57 which is in addition to allowances like Dearness Allowance (DA), Traveling Allowance (TA), House Rent Allowance (HRA). Besides the fixed salary, the allowances like DA, TA, HRA, medical reimbursement are decided and DA is given twice a year which is from January to June and then from July to December.  https://ift.tt/eA8V8J May 30, 2021 at 04:06PM Currently, the fitment factor of central employees stands at 2.57. The basic salary is calculated by multiplying it by 2.57 which is in addition to allowances like Dearness Allowance (DA), Traveling Allowance (TA), House Rent Allowance (HRA). Besides the fixed salary, the allowances like DA, TA, HRA, medical reimbursement are decided and DA is given twice a year which is from January to June and then from July to December. 

from Zee News :Business https://ift.tt/34teHU3
via IFTTT

No comments:

Post a Comment

New Income Tax Act 2025 to boost Gen-Z, millennial homebuyers' purchasing power: Industry Experts

Zee News Experts highlight that home buying decisions still depend on larger factors like property prices and interest rates. Tax changes ca...