Basic education teacher salary after DA hike 2024

Basic education teacher salary after DA hike 2024

Basic education teacher salary after DA hike 2024

 

72825 Batch:

  • Pay Band: ₹9300-34800
  • Grade Pay: ₹4200
  • Pay Level (6): ₹46200
  • DA (from 1st July 2024): 53%
  • Basic Salary: ₹46200 + ₹24486 (DA) = ₹70686
  • HRA: ₹1340
  • Gross Monthly Salary: ₹70686 + ₹1340 = ₹72026
  • NPS Deduction (10% of Basic): ₹7069
  • Net Salary (In Hand): ₹72026 – ₹7069 = ₹64957

29334 Batch:

  • Pay Band: ₹9300-34800
  • Grade Pay: ₹4600
  • Pay Level (7): ₹58600
  • DA (from 1st July 2024): 53%
  • Basic Salary: ₹58600 + ₹31058 (DA) = ₹89658
  • HRA: ₹1840
  • Gross Monthly Salary: ₹89658 + ₹1840 = ₹91498
  • NPS Deduction (10% of Basic): ₹8966
  • Net Salary (In Hand): ₹91498 – ₹8966 = ₹82532

Note: Deductions for GIS and Advance Income Tax are not included in these calculations.

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