Thursday, March 19, 2009

What should be the pay for accountants

I am working as a senior accountant in a public school (Recognized Unaided School).What is my normal pay scale. My present pay scale is 5500-175-9000. What is my grade pay as per VI Pay commission. What is this Bunch benefit. Is it applicable for all. In you calclation table the bunch pay is not mentioned. Hope that you may send me a reply.
Mathew

1 comment:

DELTA said...

Respected Mr.Mathew

Thanks for the mail.

First write us about your previous pay scale and the basic pay on 31/12/2005.

All deptt have to create their own fitment tables according to the recomendations of 6cpc. Please try to understand that present books on 6cpc show only the methods of formation of fitment tables and these tables on the published books available in market or the order published will not be applied.The blunder has been done by acounting staff everywhere and even wrong fixation has been done in their own fixation done by themselves too.Most of the officers, not only in Education deptt but everywhere had done blunder in their own fixation.
WOW!!!!
They have to start from the pay of new entrant on 01/01/2006 and later to follow Rule 7 1 (A) (ii)to do bunching of two scales together upto that fraction where the upgraded basic pay divided by previous basic pay becomes 1.86. This is the process of "BUNCHING". Most of the accounting staff in India are confused on the fitment tables and following the simple formula of basic *1.86. This is creating anomaly and the seniors will be getting less than juniors. Thereofere the fitment tables should be framed again on the basis of new entrants and the same process should be applied as the learned Team of DELTA has prepared before you on the page 'Download".