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Gratuity

IT Exemption on Gratuity – 20 lakhs w.e.f. 29.3.2018

Last Modified: March 3, 2023

IT Exemption on Gratuity - 20 lakhs w.e.f. 29.3.2018 Income tax exemption for gratuity increased from Rs.10 lakhs to 20 lakhs w.e.f. 29.3.2018 Income tax exemption for gratuity enhanced Up to Rs. 20 lakhs Ministry of Finance has enhanced the income … [Read more...] about IT Exemption on Gratuity – 20 lakhs w.e.f. 29.3.2018

Filed Under: Gratuity

7th CPC Gratuity – Calculation and Rates

Last Modified: March 3, 2023

7th CPC Gratuity – Calculation and Rates Gratuity – Calculation, Ceiling, Qualifying Service and Rates Retirement and Service Gratuity – Calculation, Ceiling, Qualifying Service and Rates What is Gratuity? Gratuity is a bulk amount paid by the … [Read more...] about 7th CPC Gratuity – Calculation and Rates

Filed Under: Gratuity

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Pay Scale Hand Salary

7th Pay Matrix Level 1 in Hand Salary

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7th Pay Matrix Level 2 in Hand Salary

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7th Pay Matrix Level 3 in Hand Salary

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7th Pay Matrix Level 4 in Hand Salary

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7th Pay Matrix Level 5 in Hand Salary

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7th Pay Matrix Level 6 in Hand Salary

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7th Pay Matrix Level 7 in Hand Salary

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7th Pay Matrix Level 8 in Hand Salary

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7th Pay Matrix Level 9 in Hand Salary

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7th Pay Matrix Level 10 in Hand Salary

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7th Pay Matrix Level 11 in Hand Salary

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7th Pay Matrix Level 12 in Hand Salary

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7th Pay Matrix Level 13 in Hand Salary

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7th Pay Matrix Level 13A in Hand Salary

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7th Pay Matrix Level 14 in Hand Salary

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7th Pay Matrix Level 15 in Hand Salary

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7th Pay Matrix Level 16 in Hand Salary

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7th Pay Matrix Level 17 in Hand Salary

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7th Pay Matrix Level 18 in Hand Salary

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What is what?

What is Pay Matrix?
Pay Matrix is a number table designed by 7th Central Pay Commission and recommended for all group of CG Employees and Officers with effect from 1.1.2016 – click to know more

What is Pay Matrix Level?
The nomenclature being used in the new pay matrix assigns levels in place of erstwhile grade pay – click to know more

What is Fitment Factor or Fitment Benefit?
Fitment Factor is a common multiplication number, which is used for arriving a common result – click to know more

What is Terms of Reference?
A key report with instructions given to the Committee or Group – click to know more

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