I need help to understand the 6th pay commission bands and grades and how to calculate gross and nett salary.
From India, Bengaluru
From India, Bengaluru
Hi,
The 6th Pay Commission was implemented in India to revise the pay scales and other allowances for government employees. It was in effect from 2006 to 2016. The pay structure under the 6th Pay Commission consisted of pay bands and grade pay.
Here are the details of the pay bands and grade pay under the 6th Pay Commission:
Pay Bands (PB): The pay bands are a range of salaries within which an employee's basic pay falls. There were multiple pay bands under the 6th Pay Commission, such as PB-1, PB-2, PB-3, PB-4, etc. Each pay band had a different range of basic pay.
Grade Pay (GP): The grade pay was an additional amount added to the basic pay based on the employee's grade or level. It was used to determine the total salary of an employee along with other allowances. Different grades had different grade pays associated with them.
To calculate the gross salary of an employee under the 6th Pay Commission, you would add the basic pay and grade pay, and then include other allowances like Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance (TA), etc.
Gross Salary = (Basic Pay + Grade Pay) + Allowances
The net salary is the amount an employee receives after various deductions like Income Tax, Provident Fund, Professional Tax, etc.
Net Salary = Gross Salary - Deductions
Keep in mind that allowances and deductions can vary depending on factors like location, position, and individual circumstances.
To calculate the gross and net salary for a specific employee, you would need to know their pay band, grade pay, and any additional allowances or deductions applicable to them.
If you have specific details about an employee's pay band, grade pay, and allowances, I can help you with a sample calculation. Keep in mind that if you're dealing with current pay structures or different pay commissions, the calculations may be different
Thanks.
From India, Bangalore
149The 6th Pay Commission was implemented in India to revise the pay scales and other allowances for government employees. It was in effect from 2006 to 2016. The pay structure under the 6th Pay Commission consisted of pay bands and grade pay.
Here are the details of the pay bands and grade pay under the 6th Pay Commission:
Pay Bands (PB): The pay bands are a range of salaries within which an employee's basic pay falls. There were multiple pay bands under the 6th Pay Commission, such as PB-1, PB-2, PB-3, PB-4, etc. Each pay band had a different range of basic pay.
Grade Pay (GP): The grade pay was an additional amount added to the basic pay based on the employee's grade or level. It was used to determine the total salary of an employee along with other allowances. Different grades had different grade pays associated with them.
To calculate the gross salary of an employee under the 6th Pay Commission, you would add the basic pay and grade pay, and then include other allowances like Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance (TA), etc.
Gross Salary = (Basic Pay + Grade Pay) + Allowances
The net salary is the amount an employee receives after various deductions like Income Tax, Provident Fund, Professional Tax, etc.
Net Salary = Gross Salary - Deductions
Keep in mind that allowances and deductions can vary depending on factors like location, position, and individual circumstances.
To calculate the gross and net salary for a specific employee, you would need to know their pay band, grade pay, and any additional allowances or deductions applicable to them.
If you have specific details about an employee's pay band, grade pay, and allowances, I can help you with a sample calculation. Keep in mind that if you're dealing with current pay structures or different pay commissions, the calculations may be different
Thanks.
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Creating a Competitive Salary Structure.doc
Salary Structure.zip