How is non practice allowance calculated?
Until implmentation of 7th Pay Commission NPA (Non Practicing Allowance) was paid at the rate of 25% on tthe Basic Pay (Pay in Pay Band and Grade Pay). 7th Pay Commission had recommended that Non Practicing Allowance be paid at the rate of 20% of Basic Pay since it is a percentage based allowance.
What is NPA in pay scale?
Non practicing Allowance (NPA) is to be added to the minimum of the revised pay band plus grade pay for determining minimum guaranteed pension for stepping up consolidated pension/family pension as on 1.1.
Who is eligible for NPA?
To receive this allowance one needs to fulfil some criteria. The main criterion to receive the NPA is to have a minimum medical degree from a recognised organisation. Also as per the rules whoever is receiving the NPA shall not be involved in any private practice during their service, leave or after retirement.
Is NPA included in leave encashment?
In consultation with DOPT and Department of Expenditure, Ministry of Finance, Railway Board has clarified that NPA (Non-Practicing Allowance) shall be taken into account for calculating encashment of Leave on Average Pay (LAP) while availing Privilege Pass / PTO.
How is pension calculated as per 7th CPC?
Recommendations on fixing of Pension by 7th CPC 1. This amount shall be raised, to arrive at the notional pay of the retiree, by adding the number of increments he/she had earned in that level while in service, at the rate of three percent. Fifty percent of the total amount so arrived at shall be the revised pension.
How can I calculate my salary in 7th pay?
How to calculate the 7th CPC revised pay scale?
- Step 1: Check your basic pay (including grade pay) as on 31.12.2015.
- Step 2: Multiplication by a Fitment factor of 2.57.
- Step 3: Rounded off to the nearest rupee.
- Step 4: Go to Matrix Pay Table and select the Level corresponding to Grade Pay.
Is non Practising allowance taxable?
Project Allowance: When an employer provides an allowance to employees to meet project expenses, this is also fully taxable. Non-Practicing Allowance: When physicians are attached to Clinical Centers of the various Laboratories/Institutes, any non-practicing allowance paid to them become fully taxable.
How is da calculated?
The formulae for calculating dearness allowance are as under: For central government employees: DA% = ((Average of AICPI (Base Year 2001=100) for the past 12 months -115.76)/115.76)100 For central public sector employees: DA% = ((Average of AICPI (Base Year 2001=100) for the past 3 months -126.33)/126.33)100 Here.
How is Defence pension calculated?
Pension
- Service Pension – Granted @ 50% of emoluments last drawn or average of reckonable emoluments during the last 10 months, whichever is more beneficial to pensioners subject to minimum of Rs.
- Family Pension -Granted @ 30% of reckonable emoluments last drawn subject to a minimum of Rs.
How is 7th salary calculated in Maharashtra?
The method to calculate your salary as per the 7th CPC is simple. The salaries are obtained by multiplying the existing basic pay by a factor of 2.57 and the figure so arrived will be added to all the applicable allowances such as Transport Allowance (TA), House Rent Allowance (HRA), Medical Allowance, etc.
How is the non practising allowance ( NPA ) calculated?
Non – practising allowance is calculated on the basis of the basic pay of a medical officer. The basic pay includes the grade pay as well. After 6 th pay commission the NPA was set at 25% of the basic pay. For example: Let a medical officer draws basic pay of Rs. 15, 000/- and Grade Pay of Rs. 5400/- and the NPA rate is 25%.
Is the rate of non practising allowance reduced under 7 th Pay Commission?
Under 7 th pay commission the rate of the non – practising allowances is recommended to be reduced to 20% of the basic pay. The detail story about NPA is as follows.
How is NPA calculated according to 7 th Pay Commission?
It is said to be equivalent to the other basic allowances like Dearness Allowance, Travel allowance and also pension plans. The NPA is calculated on the basis of their basic pay. Under 7 th pay commission the rate of the non – practising allowances is recommended to be reduced to 20% of the basic pay.
How is NPA calculated for a medical officer?
After 6 th pay commission the NPA was set at 25% of the basic pay. Let a medical officer draws basic pay of Rs. 15, 000/- and Grade Pay of Rs. 5400/- and the NPA rate is 25%. Then the Non – practising allowance for the officer will be,