many staff give their own version on pay hike calculation just by reading the news item in parts.Understand in Govt. matters one has to study the case in full. Then only you can arrive meaningfully. I am not a Govt. Staff, but knows accounting. I say, the impact of hike for 2008-09 is calculated Rs.12500 crores. You guys are in total 4.5 million. The average is Rs.30000/- p.a. monthly Rs.2500/-( another calculation on arrears is Rs.19000 crores for 27 months. The perhead average is average on is Rs.42000/-). These Rs.12000 crores & Rs.19000 crores I refer from this news item only. If the above big sums are after correct calculation then from the average one can assume how much he can get more depending on his position& scale.My advice is to study the recommendation in full with regard to computation. Do not go by 40% or 52% and then feel sad later! Anyway enjoy the moment!
RE:sixth pay commission
by avinash kanodia on Mar 24, 2008 08:43 PM Permalink
Very well said. If these calculations are true, it would seem to be another case of govt acting smart. There may be more catch, as a lot of the pay rise will be taxable, whether these figures of 12000 and 18000 cr are before or after tax deduction remains to be seen
