Central Govt Employees in hand Salary Calculator 2024- Now Calculate with Increased DA Rate
Central Government Employees’ Salary Calculator 2024: Calculate Your In-Hand Salary with Ease
Are you a Central Government employee trying to figure out your in-hand salary after monthly deductions? Understanding your take-home pay can be challenging, as it requires factoring in both government and private deductions. That’s where our CG Staff Salary Calculator 2024 comes to your rescue.
This tool is specifically designed for Central Government employees to calculate their net salary. It helps convert the Basic Pay + Allowances from your pay scale into the actual in-hand salary, making salary calculation hassle-free.
Table of Contents
What is the In-Hand Salary?
The in-hand salary, also called take-home pay, is the net amount you receive after all deductions, such as taxes, provident fund contributions, and other allowances, are subtracted from your gross salary.
How to Calculate In-Hand Salary?
To calculate your in-hand salary, follow this formula:
Simplifies salary breakdowns for government employees.
Provides an accurate estimate of your take-home pay.
Includes deductions for government contributions and private commitments like loans or insurance.
Start using the Central Govt Salary Calculator 2024 today and manage your finances effectively!
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7th CPC Salary Calculator
Gross Salary
Gross Salary
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Deductions
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Salary
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Deductions
Monthly Salary Component in Government pay scale calculator
The monthly salary components incorporated in this Central Govt Employees in hand Salary Calculator 2024 is provided below
Basic Salary + DA+ HRA+ TA = Gross Salary
Basic salary for a new recruit
The first cell of the particular Level will be fixed as Basic pay to a newly recruited central government employee. [ Select the first cell in the level in which you are recruited for first year]
Dearness Allowance rate
Existing rate of DA is 53% with effect from 1st July 2024
House rent Allowance (HRA)
HRA is paid at the rate of 30%, 20% and 10% for X, Y and Z cities at present. It has been increased 30%,20% and 10% when DA reached 50%. Read HRA Rates are increased.
What are all X,Y and Z cities ?
According to the population the cities are classified into X, Y and Z category cities.
The X Category Cities which which are entitled for 30% HRA
S.No
States/ Union Territories
Citites Classified as “X”
1
Andhra Pradesh/ Telangana
Hyderabad (UA)
2
Delhi
Delhi (UA)
3
Gujarat
Ahmadabad (UA)
4
Karnataka
Bangalore/ Bengaluru (UA)
5
Maharashtra
Greater Mumbai (UA), Pune (UA)
6
Tamil Nadu
Chennai (UA)
7
West Bengal
Kolkata (UA)
The Y Category Cities which which are entitled for 20% HRA
Deductions in Central Govt Employees in hand Salary Calculator
All the mandatory deductions and other deductions if any are to be entered in this Deductions in Central Govt Employees in hand Salary Calculator to know the exact take home pay.
Only two deductions are mandatory for CG Staffs those who are appointed on or after 1.1.2004. For those who appointed before 1.1.2004, GPF and CGEGIS are mandatory
S.No
Appointed before 1.1.2004
Appointed on or after 1.1.2004
1
GPF
NPS Subscription for Tier I Account
2
CGEGIS 1980
CGEGIS 1980
[Note :Other than this, Income Tax will be deducted if Annual Income is comes under IT Bracket. Also HBA deduction will be made if House Building Advance availed. ]
1.New Pension Scheme Subscription
Central Government Employees those who are appointed on or after 1.1.2004 are covered under NPS.
The Tier I account is mandatory for NPS subscribers. The NPS Subscription is 10 % of basic pay + DA.
10 % of the salary is deducted as subscription from the salary of the govt servants and Central Government pays 14% to subscribers account as employers contribution
2.Central government employees Group Insurance Scheme
Since the Central government employees Group Insurance Scheme
is not yet revised for 7th Pay Commission regime, the old rate is
continued.