PRP-2013-14

Final
P
Q
R
S
S
S
T

annual Baisc Pay

MOU rating = 1 for IOC 2013-14
Grade incentive
Individual Performance
group performance
Total performance
Ratio of required amt to available amount

Adhoc %
Gross amt

P*Q*R*S*T
Minus adhoc
Gross after adhoc
I.Tax *
Net payable

0.3

Income tax taken at 30.3% including surcharge. Income tax to be modified as per IT sla

PRP-2013-14
P
Q
R
S
S
S
T

Annual Basic Pay

MOU rating = 1 for IOC 2011-12
Grade incentive
Individual Performance
group performance
Total performance
Ratio of required amt to available amount

Payable %
Gross amt

P*Q*R*S*T
Minus adhoc
Gross after adhoc
I.Tax *
Net payable

0.303

Income tax taken at 30.3% including surcharge. Income tax to be modified as per IT sla

First two
variables
to be
keyed.

Adhoc

Adhoc
373350

0.6
0.5
9.00
8.38
17.38
83.53

Basic pay per month

Grade Incentive
Individual performance
group performance
Available

30880

0.5
0.9
14.00%
84.00

14.52
54201

349830
120120
469950

16260
37941

me tax to be modified as per IT slabs.

Final
373350 To be keyed

1
0.5 As per table above
22.50 Assumed at 90%
23.33 Assumed at 14%
45.83
84.00

38.50
143740
54201
89539
27130
62408

me tax to be modified as per IT slabs.

Grade
A
B
C
D
E
F
G
H
I

latest

Individual Group
Adhoc
11.61%
14.52%
14.52%
17.42%
17.42%
20.32%
20.32%
19.96%
19.96%

grade incentive performan performan

ce
ce
for PRP
50
50
40%
50
50
50%
50
50
50%
50
50
60%
50
50
60%
50
50
70%
50
50
70%
25
75
70%
25
75
70%