Da Form 5900: Fill & Download for Free

After 7th pay commission, in hand salary of IES officer will be around 55,400.Basic pay is 56,100, you can see from the table.Mostly accommodation is provided by govt, so HRA will not be given.Travelling allowance will be around 7200.Dearness allowance up to Jul is 6.1% = 3400.Gross salary is around 66,700.Deductions:CPS contribution 10% of Basic+ DA= 5900.Central govt. Employees Group insurance scheme -370Income Tax if no savings =5000.Other allowancesResidential Quarters (Type IV to Type VIII) OR HRAOfficial VehicleDearness AllowanceCGHS Medical FacilityLeave Travel Allowance/ Tour AllowanceGratuityProvident Fund (Where IDA Applicable)Leave EncashmentPersonal AssistantDriverPeonDomestic Servant

Let me go back to almost three decades when I joined government service.In those days, the salary of a Commissioner (usually after 16/18 years as a IAS/IPS) was Rs 5900 and after paying tax @ 40% in the highest slab and making some tax savings, his take home salary would be hardly more than Rs 3500 a month. In those days even the rate of Dearness Allowance (to take care of inflation) was not uniform and the officers at the highest pay-scales would get much lesser DA than those in the lower slab.While this money was enough to buy food, it was impossible to buy any consumer goods as their prices were exorbitant then. For example, the price of some of the important commodities wereTelevision 21’ = Rs 21000Small Refrigerator = RS 6000Maruti 800 car = Rs 150,000Personal Computer = Rs 100,000Phone = Rs 30 per minutes during peak hour.The salaries of lower ranks were even worse.It was virtually impossible to afford any of these items honestly those days.Please also remember that the bank loan rates those days were in the tune of 18% to 20% per annum.Hence it was difficult to find an honest government officer in those days at higher or lower rank.I have given the example of a Commissioner rank officer because he has to bear the expenses of his full family, their education and also save enough money for the marriage of their children and retirement.As compared to then, a Commissioner rank officer today gets around Rs 200,000 per month as salary plus house, car, phone etc. Hence, he can purchase all the items mentioned above in two months of his salary.Moreover, almost half of the young officers have double income since husband and wife both are working nowadays.An IAS/IPS or other class I officer today NEED NOT be corrupt at all as they can meet all their requirement within their salary.If they are corrupt, it only because of their GREED, which has no limit at all.However, at the junior level, the salaries are still not good enough and hence it is often difficult for them to survive in their income because the cost of education, housing and other services have gone up tremendously.Hence, there are lesser corrupt officers at the higher rank today than at the lower rank, though honest and dishonest officers can be found in all the ranks of the government.

Me and my wife both are working in Public sector Bank as a Assistant Manager.We both are staying too far according our transfer policy.My Salary is : 60000 IN hand .NPS is : 5900 INR. Bank will also add the same amount to my pension account , so it means , I m saving 11800INR per month for my retirement. It will increase year by year .( Actually for every 3 months whenever DA changes but sometimes it may get decreased)RENT: 6500 , Bank pays it. According to current policy I don't need to pay rent , wherever I may get posted.Rent changes place to place but bank bears it.Bank pays for 40 litres petrol in a month .350rs for lunch .600rs for news paper.500rs for entertainment.200rs for mobile bill.200rs for cleaning.Expensives:Expensive : 7k per month ( only for food and movies. Food I prepare for myself).An education loan EMI 2.1k,3k for clothes/Shoes etc.Over draft interest :7000,Can not disclose saving areas but I m saving the rest of the amount.