12th BPS MOU signed today (07.12.2023)
17% rise and 3% load factor
*Load factor calculation*
Present basic = X
DA to be merged with Basic
30.38% of X = Y
Load Factor if 4
(X+Y)*3%=Z
X+Y+Z is the NEW BASIC
Example
Say Your Present Basic X=78230
Then Y= 78230*30.88%=24157.40 this amount da eill be merged with your basic
So total 78230+24157.40=102387.40
Then 3% basic load as per mou
So New basic Z = 102387.40*3%=105459
1 comment:
Correct the calculation.specially the last line.
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