Compare How Much 10th BPS is Worse Than 9th BPS

AllBankingSolutions.com ......our answer to all your banking needs

Follow AllBankingSolutions

Compare How Much 10th BPS is Worse Than 9th BPS

Ads by Google

We have reached on the final day when 10th BPS is likely to be signed any time today (25th May, 2015). Soon we will see a flood of circulars, articles, facebook posts which will claim that it is a HISTORICAL settlement. One of our readers Mr. B P Sinha has sent us the comparative charts of salary increase as per 9th BPS and 10th BPS.

Actually, bankers this time were expecting a higher increase as they were last time befooled that their was lower increase that the 6th CPC as banks had to meet the expenditure for the 2nd pension option.

This time things are worst. It may be called historical but it is historical that it has allowed the MINIMUM increase of percentage increase in the memory of bankers. We put below the details for our readers to decide how they should judge it.

Ads by Google

IX - BPS
Salary-as on 01.11.2007
Scale	Old Salary					New Salary					% Rise Nov'7
Scale	DA Rate	Basic	DA	CCA	Total	DA Rate	Basic	DA	CCA	Total	% Rise Nov'7
I	33.3	10000	3330	540	13870	7.2	14500	1044	540	16084	16
II	33.3	13820	4602	540	18962	7.2	19400	1397	540	21337	13
III	33.3	18240	6074	540	24854	7.2	25700	1850	540	28090	13
IV	33.3	20480	6820	540	27840	7.2	30600	2203	540	33343	20
V	33.3	24140	8039	540	32719	7.2	36200	2606	540	39346	20
VI	33.3	26620	8864	540	36024	7.2	42000	3024	540	45564	26
VII	33.3	29340	9770	540	39650	7.2	46800	3370	540	50710	28

Salary-as on 01.05.2010
Scale	Old Salary					New Salary					% Rise May'10
Scale	DA Rate	Basic	DA	CCA	Total	DA Rate	Basic	DA	CCA	Total	% Rise May'10
I	72.18	10000	7218	540	17758	39.6	14500	5742	540	20782	17
II	72.18	13820	9975	540	24335	39.6	19400	7682	540	27622	14
III	72.18	18240	13166	540	31946	39.6	25700	10177	540	36417	14
IV	72.18	20480	14782	540	35802	39.6	30600	12118	540	43258	21
V	72.18	24140	17424	540	42104	39.6	36200	14335	540	51075	21
VI	72.18	26620	19214	540	46374	39.6	42000	16632	540	59172	28
VII	72.18	29340	21178	540	51058	39.6	46800	18533	540	65873	29

X- BPS
Salary-as on 01.11.2012
Scale	Old Salary					New Salary						% Rise Nov'12
Scale	DA Rate	Basic	DA	CCA	Total	DA Rate	Basic	Spl ALL.	DA	CCA	Total	% Rise Nov'12
I	76.5	14500	11093	540	26133	10.9	23700	1837	2784	870	29190	12
II	76.5	19400	14841	540	34781	10.9	31705	2457	3724	870	38756	11
III	76.5	25700	19661	540	45901	10.9	42020	3257	4935	870	51082	11
IV	76.5	30600	23409	540	54549	10.9	50030	5003	5999	870	61902	13
V	76.5	36200	27693	540	64433	10.9	59170	5917	7094	870	73051	13
VI	76.5	42000	32130	540	74670	10.9	68680	7555	8310	870	85414	14
VII	76.5	46800	35802	540	83142	10.9	76520	8417	9258	870	95065	14
Salary-as on 01.05.2015
Scale	Old Salary					New Salary						% Rise May'15
Scale	DA Rate	Basic	DA	CCA	Total	DA Rate	Basic	Spl ALL.	DA	CCA	Total	% Rise May'15
I	110.7	14500	16052	540	31092	33.7	23700	1837	8606	870	35013	13
II	110.7	19400	21476	540	41416	33.7	31705	2457	11513	870	46545	12
III	110.7	25700	28450	540	54690	33.7	42020	3257	15258	870	61405	12
IV	110.7	30600	33874	540	65014	33.7	50030	5003	18546	870	74449	15
V	110.7	36200	40073	540	76813	33.7	59170	5917	21934	870	87891	14
VI	110.7	42000	46494	540	89034	33.7	68680	7555	25691	870	102796	15
VII	110.7	46800	51808	540	99148	33.7	76520	8417	28624	870	114431	15
	Contributed BY :
	Baban Prasad Sinha
	Centralised Salary TDS Cell
	Corporte Taxation Dept
	BCC, BKC, Mumbai - 400051

You can give your feedback / comments about this Article. Please give only relevant comments as irrelevant comments are waste of time for yourself and our other readers.