Table of Contents
What is HRA in PSU?
HRA, House Rent Allowance (HRA) for 6th CPC Central Govt. employees & Armed forces personnel and for 2nd PRC PSUs or CPSEs employees: In the 6th CPC and 2nd PRC, the HRA slabs were divided among 3 categories based on the population of city.
What is E2 grade in NTPC?
Last updated on 06.01.2021
| GRADE | PAY-SCALE (Rs.) |
|---|---|
| E0 | 30000-120000 |
| E1 | 40000-140000 |
| E2 | 50000-160000 |
| E3 | 60000-180000 |
What is IDA salary?
Industrial Dearness Allowance is the allowance applicable to employees of the public sector enterprises. Central Dearness Allowances. this type of Allowance is for the Central govt employee. This is given to the workers who are working for the Central govt.
Is there any limit on HRA?
Your allotted HRA cannot exceed more than 50\% of your basic salary. As a salaried employee, you cannot claim for the full rental amount you are paying.
Is HRA is linked with DA?
The minimum rates of HRA had been fixed as Rs. 5400 per month for X category cites, Rs 3600 per month for Y category cities and Rs. 1800 per month for Z category cities. Now the DA is increased to 21\% (effective from 1st January 2020) from the existing level of 17\%.
Is an executive entitled to the HRA amount?
(ii) If an executive is staying in his/her own house then normally he or she should be entitled to the HRA amount but if the said house is taken as lease accommodation for self-occupation purpose, the lease rental ceilings (after adjusting the “HRR amount) should not exceed the net applicable HRA amount.
What is 3rd pay revision for Central Public Sector Enterprises employees?
3rd Pay Revision for Central Public Sector Enterprises Employees – Revision of Allowances – 3rd Pay Revision of Board level and below Board level Executives and Non-Unionised Supervisors of CPSEs W.E.F 01/01/2017 decision on allowances other than the allowances under ‘Cafeteria approach’
How much uniform fitment benefit should be included in basic pay?
(i) Secretary, OPE stated that 3rd PRC had recommended uniform fitment benefit of 15\% of Basic Pay plus DA in case the financial impact of the pay revision is within 20\% of the average PBT of last 3 years and part fitment slabs of 10\% and 5\% in case the financial impact is more than 20\%.
What is the rate of Da admissible for basic pay?
The rate of DA admissible shall be enhanced from the existing 164\% to 189\% of the Basic pay with effect from 01.07.2021. The increase subsumes the additional instalments arising on 01.01.2020, 01.07.2020 and 01.01.2021.