Please note that the details of salary revision are not yet finalized. Maxutils.com is providing here two calculators to calculate tentative or indicative amount of revised pay and arrears. The calculations provided are based on only and only assumptions as mentioned hereunder for computation of basic pay structure and salary components viz. special allowance and rates of other allowances
Click Button to Show / Hide - Details / Assumptions
On the basis of users suggestions and to make this utility more user friendly following feature has been incorporated:-
The users who have got transferred at the places where rates of HRA and CCA payable are not same during the period of arrear calculations i.e. after Nov'97. Click button provided below this to view steps to use this feature for your calculations
Steps to use new feature to calculate Special Pay and HRA ▼ ▲
Click the respective button to enter Special Pay and HRA. The user will see the different HRA and CCA rates payable presently with the coded to be entered in the respective month box provided there under. Please follow following simple step for your desired calculations.
In case one rate of HRA and CCA drawn during all the period of arrear calculations - Enter the rate you were drawing in Nov'17 or in the month from when started drawing and leave the earlier months blank and there is no need to enter code in the remaining months, the system will treat as zero itself for earlier months and as well the rate as enterred in all next remaining months. (in case there is any change in rate is required to enter between the entire period view second step.)
In case more than one rate of HRA and CCA drawn during the period of arrear calculations - Enter your code HRA and CCA in the month you first drawn (as per step one) and leave the next months boxes blank till the period there is no change in salary you had drawn. Now, ener the new code (as mentioned under the button of HRA / CCA) in the month when you had drawn different rate of HRA or CCA and leave the months blank till the period there is no change. e.g. if an employee getting HRA @10% in Nov'17 transferred in Apr'18 to a place where he availed leased accomdation faiclity and no HR paid during his posting to this place. Further in Apr' 18 he is transferred at new place where HRA @10% and availed HRA. In this case for HRA calculation the user will enter the code as under :-
After clicking HRA button the user will enter code only in the month of Nov'17, Apr'18 and Apr'19, i.e. the months when there is a change of HRA rate payable or no HRA payable and leave blank other months boxes. (Please note that the system auto treats blank boxes as per previous rate entered.)
(i) 103 (code for 9% HRA) in Nov'17 month.
(ii)100 (code for No HRA) in Apr'18 month.
(iii)102 (code for 8% HRA) in Apr'19 month.
The above example will now clarify users that code are to be filled first when it started payable i.e. Nov'17 or the month when it first becomes payable and later to be filled only in the month there was any change took place and no need to enter in all the other months, as the system auto calculate your salary on the basis of previous rate entered.
There are two calcualtors provided for calculation of expected salary and arrears. To calculate select the calculator from the below dropdown list and to view the assumption based calculations is provided therein, click the button
Calculator 1 - Assumptions ▼ ▲
Keeping in view of last salary revisions (10th BPS) wherein Basic Pay of officers scale 1 to 7 revised from 14500-52000 to 23700-85000 i.e. initial basic pay increased about 60%. Accordingly, in this calculator Basic pay of officers scale 1 to 7 is assumed as 37900 to 140700 with assumptions of increments in round of hundreds at different stages with relation to last pay revised. The basic pay stages taken here are based only and only on assumptions for calculation of tentative amount of expected revised pay. As there is nothing in black and white that special allowance will be also a part of salary in 11 BPS as hugely demanded for its merger with basic pay, however special allowance in this calculator is taken with default rate of 11% for scale IV to Scale VII and 10% for scale I to Scale III and also provided option for users to enter any rate of expected revised rate of special allowance for calculation of expected revised salary / arrears. The other assumptions of calculations that relates the rates of allowances are provided at both the calculators 1 & 2. It is again and again informed that the website does not claim that the calculations and the results displayed here are correct, complete and up-to-date with site disclaimers.
Calculator 2 - Assumptions ▼ ▲
Here the basic pay stage to stage basis computed with the formula [(Basic Pay + DA @47.80) + Load 2.5% on this amount]. As regards to special allowance default taken as 15% (with option for users to change the rate as per the information / updates comes to their notice).
In this calculator to calculate tentative amount of expected salary, default for calculation special allowance is taken as part of salary with default rate 15% with option for users to change / enter the any other rate as they expect or the existing rate would be the revised rate of special allowance for calculation. The other assumptions of calculations of both the calculators are provided hereunder. It is again and again informed that the website does not claim that the calculations and the results displayed here are correct, complete and up-to-date with site disclaimers.
Please Read this before calculations ▼ ▲
Users are requested to check their calculations using Calculator ONE also and do write us for correction of errors / omissions in calculations, if any, noticed related with the software at any their stage of scale they have got increment does not applied here [annual increment / stagnation increment (Stagnation increment due month is required to be selected on reaching the maximum of scale as mentioned therein)]. User's feedback will help us to resolve the issue well before the finalization of 11th BPS settlement comes and to make this utility more useful for bankers to calculate their salary arrears. Please note that the allowances viz. FPP, PQP, Special Pay etc. taken here on assumptions only for calculation purposes and same will be updated as and when final details comes.
Select Calculator I or 2 from below drop down list (View Details Above), only one calculator shall be provided here after the finalization of basic pay and other salary details of pay revision
Click Here and please do share this useful Arrear Calculation Tool with Friends & Groups on W'app / FB / Twitter (buttons are provided at left corner) for their calculations also.