Punjab Pay Commission Formula:
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The Punjab Pay Commission recommends salary revisions for state government employees. The current formula includes a multiplication factor of 2.57 applied to the sum of Pay in Pay Band and Grade Pay to determine the New Basic Pay.
The calculator uses the Punjab Pay Commission formula:
Where:
New Basic Pay: The revised basic salary after applying the 2.57 multiplication factor.
DA (Dearness Allowance): Cost of living adjustment allowance, calculated as percentage of basic pay.
HRA (House Rent Allowance): Housing allowance, calculated as percentage of basic pay.
Allowances: Other fixed components like transport allowance, medical allowance, etc.
Instructions: Enter your current Pay in Pay Band and Grade Pay in INR. Provide DA and HRA percentages (if applicable). Add any fixed allowances. All values must be non-negative.
Q1: What is the 2.57 multiplication factor?
A: This is the fitment factor recommended by the Punjab Pay Commission to calculate revised pay from pre-revised pay.
Q2: Is this calculator official?
A: This is an estimation tool based on public information. For official salary calculations, consult your department.
Q3: How accurate is this calculation?
A: It provides a close estimate but actual salary may vary based on specific rules and rounding methods.
Q4: What if my DA/HRA rates change?
A: Simply update the percentage values in the calculator to reflect current rates.
Q5: Are allowances always fixed amounts?
A: Some allowances may be percentage-based. Check your specific allowance structure.