April 09, 2012

STUDY MATERIAL FOR PO/RMS ACCOUNTANT EXAMINATION

An Official drawing band pay of Rs 9120 plus grade pay  of Rs 2400 in pay band 1 from 01.01.2010  is promoted on 01.03.2010 to a post in a pay band 2 with grade pay of Rs  4200/-  He opts for fixation from the date of his increment .
Calculate his pay in the promoted post

Pay  on 01.03.2010
Rs  9120 +2400
On promotion  he will draw Rs  9120 + Grade Pay  of Rs  4200  from  01.03.2010

Pay  on 01.07.2010
     9120

Grade pay in the lower Post
    2400


  11520

    Increment due on 01.07.2010 (  3 %)
    350          ( 11520*3/100)

                Total
    11870

Add One increment  on  promotion   3 %
    360     (11870*3/100)

(9120+350+360) +2400
12230

Pay on refixation  from  01.07.2010
9830+4200= 14030

by S Jayachandran -9961464279

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