In a bonanza, one crore government employees and pensioners will get a 2.5 times hike in basic pay and pensions under the 7th Pay Commission recommendations that will cost the exchequer annually Rs 1.02 lakh crore, which the government says will have a multiplier effect on economy.
And now you can calculate your July salary including the increment with this calculator, follow these steps:
- Select your Pay Band and Grade Pay from the drop down menu
- Enter your current Basic Pay
- Choose your HRA, TA