* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

Tuesday, May 10, 2016

40% IR Chart


TODAY I HAVE GONE THROUGH THE CHART PUBLISHED IN A BLOG. I WAS SURPRISED TO SEE THE CONTENTS. IT APPEARS THE CALCULATIONS ARE IMAGINATIONS. I DO NOT KNOW THE BASIS OF SUCH IMAGINATION SHOWING AMOUNT PAYABLE IN LAKHS.

For instance I retd as AAO on 30-11-1993. The Basic Pay was taken as Rs 4260. This was prior to wage revision for 92-97. After wage revision was implemented in 1996 my revised basic pay was 8520 with computer increment. My basic after wage revision was 4196 . It continues to be 4196. Better proper thorough check up is done before publishing such charts.

CS MURTY,Hyderabad