Accountlearning.com presents the new pay calculator based on the recommendations of 7th pay commission. This post report pay calculator calculates your Basic Pay, House Rent Allowance, Dearness allowance & Transport allowance. Use this pay calculator as a tool to compute your Gross pay (excluding F.M.A).
Input your Present Basic Pay, Grade Pay and HRA % (10% or 20%) in Yellow Cells. The excel file will automatically calculate your pay of post 7th CPC report. The attachment contains the pay matrix and pay calculation recommended by pay commission. Viewers are advised that, the fitment formula value to calculate your actual gross from the month of January 2016 is 2.57. The Index values mentioned in the 7th CPC Report such as 2.57, 2.62, 2.72, 2.78 & 2.81 are to calculate Entry Pay (EP) only. So the fitment formula value of 2.57 is common for all employees irrespective of grade pay.
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Download link is given below.
Credits: R.P.Fernandez, Primary School Teacher, O/o Deputy Inspector of Schools, Zone II, Puducherry.
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