Dear All

The picture is very clear on the board

Here is the simple calculation 

7th pay commission has been announced for Central Govt employees and every one is saying that a BIG BONANZA is being showered on central govt employees. Let us see the BIG BONANZA in real terms:

As per 6th Pay Commission:

Present Basic: 7000

DA (125%): 8750

HRA (10%): 700

Transport Allowance: 1350

Current gross salary as per 6th Pay commission: 17800

Deductions:

PF (10%): 700

CGIS: 50

Prof Tax: 200

Net salary: 16850

Now As per 7th pay commission:

Present basic: 18000

Da (Nil):0000

HRA (8%): 1440

Transport allowance: 1350

Gross salary: 20790

Deductions

PF (10%): 1800

CGIS : 1500

Prof Tax: 200

Net salary: 17290..

What is the real increase in the Pay commission: 17290-16850= ₹440

Wonder why ₹440 is being called as a Big Bonanza????

 They compare present Basic of 7000 with new Basic of 18000 to conclude and mislead the public that there is 257% increase where as actual increase is just Rs 440/-  What has been given is the worst Pay Commission since Independence. There is nothing to feel happy.

The net increase is paltree Rs 440 for a serving person

And for a pensioner it cud be as great as Rs 220

Be happy atleast the OROP has made some difference

7th Pay Commission is the biggest HOAX in your life time

 

Maj B H Iyer (Retd)

535 Vikaskunj

Vikaspuri

New Delhi-110018

(Source- Via Gp E-mail)