SVK

02-10-2008, 01:27 PM

My basic pay as on 1-1-2006 was 8500 in the scale of 6500-10500 and new pay was fixed as 20010.

On 1st July 2006, the increment was calculated at 3% i.e., 600.30.

However it was rounded off to Rs.600 only, and my pay as on 1-7-2006 was fixed as 16410 + 4200 GP.

As per the pay calculator in Gconnect, it shows my basic as on 1-7-2006 should be 16420 + 4200 GP. (Rs 10 more).

Kindly let me know the exact method of calculating/rounding off the reminder

30 paise, as our Accounts department says that the term 'rounding off to the

NEXT multiple of 10' will be applicable only if the reminder is more than 50 paise.

Some body kindly help me. (We have 5 more staff facing the same problem in

our office).

with regards SVK

On 1st July 2006, the increment was calculated at 3% i.e., 600.30.

However it was rounded off to Rs.600 only, and my pay as on 1-7-2006 was fixed as 16410 + 4200 GP.

As per the pay calculator in Gconnect, it shows my basic as on 1-7-2006 should be 16420 + 4200 GP. (Rs 10 more).

Kindly let me know the exact method of calculating/rounding off the reminder

30 paise, as our Accounts department says that the term 'rounding off to the

NEXT multiple of 10' will be applicable only if the reminder is more than 50 paise.

Some body kindly help me. (We have 5 more staff facing the same problem in

our office).

with regards SVK