The General Provident Fund (GPF) Calculation Excel Sheet is a very important tool to be used as GPF Interest Rate Calculator. This is a Simple GPF Calculator which can be downloaded and saved on local Personal Computer or Laptop or Mobile by the GPF Subscriber and Can Calculate the GPF interest and GPF accumulated amount. […]
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Fitment Factor is a Multiplier number adopted by a Pay Commission to uniformly convert the present pay of the government employees to a new base pay as determined by the Pay Commission. The Fitment Factor approved in 7th CPC was 2.57. Table of Content 8th CPC Expected Fitment Factor Calculator The Expected Fitment Factor for
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Public Provident Fund(PPF) is a risk free investment option with guaranteed returns assured by the central government. An individual may open an PPF account for the self as well as on behalf of minor or a person of unsound mind of whom he/she is the guardian. There is no provision for joint account in the
The General Provident Fund (GPF) is a long term investment option mandatory for Government employees. GPF gives an option to Government employees to generate a significant corpus over a long service period so that they get a big amount at the time of their superannuation. GPF investments provide a secure post retirement life to employees.
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The Government of India constitutes the Pay Commission for Central Government Employees and Pensioners to provide recommendations for modifications of their Pay and Allowances after every ten years. Ever since India gained its independence in 1947, seven pay commissions have been constituted on regular basis to examine and recommend changes to Pay and Allowances of
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DA Calculator for Central Government Employees and Pensioners from 1st July 2024 : Dearness Allowance (DA) and Dearness Relief(DR) is applicable for the central government employees and Pensioners to compensate them against the price rise. DA and DR is Calculated on the basis of Consumer Price Index for Industrial Worker(CPI-IW). Table of Content DA and
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DA Calculation Sheet; Dearness Allowance (DA) is applicable for the government employees to compensate against the inflation. DA is Calculated on the basis of Consumer Price Index for Industrial Worker(CPI-IW). Table of Content DA/DR Calculation Sheet Dearness Allowance/Relief is revised every year twice for central government employees and pensioners. DA/DR is revised on 1st January
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