chinmayajagadeesh
1

In academic institutes is there any specific annual increment to be provided to Professors like 3% on basic or is it the discretion of the institute authorities?
From India, Bangalore
RAMAKANT R
71

Dear Chinmay,
Kindly note that you are talking about increment undr VIth Pay of Govt. Scale, the increment should be equal to Revised Basic = (Present Basic + Grade Pay) x 3% rounded to next tens (i.e. if 430.99 then 430 only or 431 = 440) This Increment is due on every 1st July of each year.
In calculation of D.A. i.e. present 72% is of Basic + Grade Pay + Travelling Allosance.
Ramakant

From India, Pune
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