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Showing posts with label Salary Structure. Show all posts
Showing posts with label Salary Structure. Show all posts

Increment in Dearness Allowance (DA) BY 2 % - Union Cabinet increase the Dearness allowance from 29th Aug. 2018

Union Government of India increases DA Today
Dearness Allowance By 2 per cent
For All Central Government Employee
The Dearness allowance (DA) has been increased by the Government of India. Great news for all Central Government employee who work for Government of India. 
This is the latest news related to the DA increment by the Union cabinet of India. For such type of news on regular basis keep checking this website. we will share latest news and updates related to the Government of India.

da increment
The Union Cabinet on Wednesday accepted an increase of two per cent in the dearness allowance (DA) on the request of central Government employee.  Earlier in the of month July Union cabinet decide to give DA allowance to the central Government employee with 7th Pay commission, but today they come with a new update related to the increment in the DA allowance by 2%.

Union Cabinet earlier decide to provide the dearness allowance of 7 per cent which is now going to be 9% after this DA update.

Currently there are more than 48 lakh Government of India employees. There are also more than 60 lakh pensioners. All these employees and pensioners will be benefited from this growth in DA.

Now you must know that what is DA (Dearness allowance) is actually.  DA/ Dearness allowances is a price of living adjustment payment payed by the Government to the employees as well as to the pensioners.

SBI PO 2018 Salary Package and Other Benefits

State Bank of India PO 2018 

(Salary and Other Benefits)

Current Salary Package for Probationary Officer Posts 2018


Last day we publish the notification related to this year SBI PO Examination 2018; those who miss that post can click on the following link to apply for SBI PO RECRUITMENT2018.
In this article we are going to share one of the motivation factor to work hard and that factor is SBI PO Salary and other benefits 2018.
This factor will push you to work hard to achieve the goal. As we all know in the end everyone is working to earn a good amount of money for himself/herself. SBI is one of the largest Governments owned Bank in India and really provide good salary and other benefits to their employees.
After RBI Officer Jobs SBI PO is the most wanted job in India. SBI is going to change the life of some participants, who will be selected as SBI PO in term of Social Status and Financial Status. This SBI PO job will give you that identity for which you are seeking for. Our millions of Users want to know about that Salary structure for SBI PO posts and they send us many quires related to this question.

Before moving to Salary structure for SBI PO posts, we would like to clear that the SBI PO Salary some time vary from Place to Place, but the basic Salary remain the same; the different allowances vary from city to city.
Now Let’s Check the Current SBI PO SALARY 2018:

The basic salary of SBI PO mentioned in Official Notification is Rs. 23700. But the SBI Probationary Officer gets 4 advance increments of Rs 980 which will be added to the basic. Now the basic that we get in total is Rs. 27620. 

SBI PO Salary Detail 2018:
Rs.27, 620 Is the Basic Pay.
Rs.12, 677 is the Dearness Allowance.
Rs.870 is the CCA (City Compensatory Allowance).
Rs.2140 is the Special Allowance.
Rs.43,307 is the Total Starting Earning.

Now Let’s Talk about Various Deductions From the SBI PO Salary:
1. Rs.2762: It is the PF Amount which is the 10% of Basic Salary.
2. Rs.4000: It is the NPS which is also the 10% of Basic + DA.

(Pre + Mains)

Rs. 4130: SBI PO also gets some other Allowances Such as: “Newspapers, Entertainment Allowance, Conveyance and others.
The HRA Allowances is Rs.2486

Now the Final Salary which you get in Hand is Rs.40, 000 (Approximately) Per Month.

Below we share the Growth Chart or Promotion chart below. That means how you will get departmental promotion under this SBI PO Recruitment process.