Hi! Welcome to satish24k - It's Not Just Central Government Employeees News, but We Strive To Present You Whatever You Might Be Interested In.......................Chief Editor - kavitaSatish, Just a COMMON MAN with UNCOMMON DREAMS.......... LIFE IS NOT WHAT WE GET FROM BIRTH, IT IS WHAT WE MAKE OUT OF EVERY MOMENT WE LIVE; SO MAKE BEST OUT OF IT.......HAVE A GREAT LIFE

Tuesday, April 10, 2012

Karnataka Pay Commission : Committee recommends the Pay Fixation Formula



Karnataka Pay Commission : Committee recommends the Pay Fixation Formula

Karnataka Pay Commission : Committee recommends the Pay Fixation Formula
Pay Fixation Formula
The Committee recommends that the revised pay scales of the Government employees be effective from 1-4-2012 and the pay in the revised scale shall be fixed as follows:

(a) Basic Pay as on 1-4-2012.

(b) Dearness Allowance of 76.75% at the index level of 191.5 points i.e., DA as on 01.01.2012.

(c) Fitment benefit of 22.5% of Bas i c Pay as on 1-4-2012 inclusive of 15% IR.

(d) After computing the total emoluments as above, the pay be fixed in the revised scale at the stage next above the amount so computed.

The pay in the revised pay scale may be fixed from 1-4-2012.

The payment of Interim Relief shall be discontinued from 1-4-2012.

Dearness Allowance
The terms of reference of the Committee require the Committee:

(i) "To examine and determine the Dearness Allowance formula with reference to existing Central Dearness Allowance formula adopted by the State Government and to suggest changes which may be feasible".
(ii) The Fifth State Pay Commission, after examining the pattern of payment of DA by all the other States, has recommended to follow the pattern of Dearness Allowance formulated by the Central Government.
(iii) The Central Government, on the recommendation of the Sixth Central Pay Commission, adopted new series of All India Consumer Price Index for Industrial Workers using the 2001 as the base year with Consumer Price Index at 100 points. Consequently, the State Government, having adopted the Dearness Allowance pattern of Central Government, revised the ratio of 1:0.875 to 1:1.02 for calculation of the Dearness Allowance with effect from 1.7.2008, by an Order dated 12th November 2008.
(iv) The Committee has noted that all the State Governments have been following Central Dearness Allowance formula and pattern. Accordingly, the Committee recommends for continuance of Central Dearness Allowance pattern. The Central Government revised pay structure relates to Index Level of 115.76 points as per AIACPI (IW) 2001 series. The revised pay structure recommended by the Committee relates to Index Level of 191.5 points in AIACPI (IW) 2001 series by merger of DA sanctioned w.e.f. 01.01.2012 at this index level and accordingly the Committee recommends to sanction the Dearness Allowance to State Government employees at the rate of 0.604% for every 1% of DA sanctioned by the Government of India to its employees w.e.f. 01.07.2012.

Share and Care
 For Latest Updates Always Visit http://satish24k.blogspot.com/
Print Friendly and PDFPrintPrint Friendly and PDFPDF


For Further Reading,
ALLOWANCES, EMPLOYEES NEWS

0 comments:

By Blog Gadgets

Choose Your Subject

2013 WALLPAPERS 7th Pay Commission AADHAR ACCOUNTS AIPEU AIR INDIA AIRF AIRTRAVEL ALLOWANCES AMAGING AMAZING ANNA HAZARE ANOMALY ANTI CORRUPTION MOVEMENT AUTISM BABIES BANKING BIRDS WALLPAPERS BLOGGING BONUS BSNL BUDGET Cadre Restructure Calenders CANCER CASUAL LABOURS CAT CAT Orders CBSE CCL CCS CCS PENSION CCS(JT) Rules 1979 CGHS CHARTS CHILD CARE Child Care Allowance CHILDREN EDUCATION ALLOWANCE CHINA CIRCULARS Compassionate Appointment CONSUMER NEWS Conveyance Allowance Court Orders CPWD CREATIVITY CRICKET. SPORTS WALLPAPERS CSD CSS CVC Cycle Maintenance Allowance DA DA MERGER DEFENCE DEFENSE DIGITAL INDIA DIGITAL LIFE CERTIFICATE DISABLED DOPT DOWNLOAD DPE DRDO eCards ECHS EDUCATION eMO EMPLOYEES NEWS EMPLOYMENT NEWS ENTERTAINMENT EPFO ESTATES EX SERVICEMEN EXAMINATIONS FACEBOOK FAQs FDI FESTIVALS FIGHT FOR JUSTICE FINANCE BILL 2013 FINMIN FLOWERS FORMs FUNNY PICTURES g GADGETS Ganesha Wallpapers GDS GENERAL KNOWLEDGE GENERAL KNOWLEDGE - CURRENT AFFAIRS GOD WALLPAPERS GPF GREETINGS Group B HBA HEALTH HIGH DEFINITION WALLPAPER HOLIDAYS Hostel Subsidy Allowance HRA IAS IBA IDA INCOME TAX INCREMENT INDEPENDENCE DAY INDEX NUMBERS INDIA INSURANCE INVESTMENT IP/ASP IPO Exam ISLAM JOINING TIME KIDS KVS LATEST POSTAL NEWS Latest Releases from PIB LEAVE LOKAYUKTA LOVE LTC MACPS MAKE IN INDIA MEDICAL Meghdoot Millennium MHA MOBILE BANKING MOBILE WALLPAPERS MOF MOTHER MY CORNER NATURE WALLPAPERS NEGATIVE LIST NEWS NPS One Rank One Pension ORDERS ORDINANCE PARLIAMENT NEWS PENSION People you must know PERSMIN PERSONALITY DEVELOPMENT PERSONOLITY DEVELOPMENT PFRDA POLITICS POSTAL TECHNOLOGY Postings PPF Promotions QUESTION PAPERS QUOTES RAILWAY NEWS RAJYASABHA NEWS RBI RECRUITMENT REIMBURSEMENT RELIGION REPUBLIC DAY RESERVATION RESULTS Retirement Age RTI SANATANA DHARMA Sanchaya Post SAPOST SBCO SC SCIENCE SCOVA SECULAR SEXUAL HARASSMENT SKIN CARE SLEEP SMS SMS-GOODNIGHT SPEEDNET ST Study Material TATKAL TEACHERS TECHNOLOGY TECHNOLOGY TIPS TERRORISM TRANSFER TRAVEL Travelling Allowance Troubleshooting Problems in Postal Applications UNION NEWS UPSC VIDEOS Virus Wallpapers Washing Allowance WILD PHOTOGRAPHY WOMAN ಕನ್ನಡಿಗ

Popular Posts of the Month

All Time Popular Posts

 
Blogger Wordpress Gadgets