What is the initial salary of Assistant Professor?

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What is the initial salary of Assistant Professor?

Assistant Professor – Average Salary The average salary for an Assistant Professor is ₹5,47,800 per year (₹29,670 per month), which is ₹1,60,300 (+41\%) higher than the national average salary in India. An Assistant Professor can expect an average starting salary of ₹2,61,500. The highest salaries can exceed ₹9,50,000.

What is the basic salary in 7th Pay Commission?

The Union Cabinet had in June 2017 approved recommendations of the 7th Pay Commission with 34 modifications. The new scales of pay provided for entry-level basic pay going up from Rs 7,000 per month to Rs 18,000, while at the highest level i.e. Secretary, went up from Rs 90,000 to Rs 2.5 lakh.

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Is 7th Pay Commission approved?

On 25 September 2013 then Finance Minister P Chidambaram announced that Prime Minister Manmohan Singh has approved the constitution of the 7th Pay Commission. Its recommendations are likely to be implemented with effect from 1 January 2016.

How many levels are there in 7th Pay Commission?

The pay structure is segregated into 18 different pay levels in the pay matrix.

What is the 7th Pay Commission Fitment Factor of basic salary?

Since, 7th pay commission fitment factor is 2.57. A central government employee’s CTC other than allowance is a multiple of basic salary with 2.57. Suppose, a central government employees basic monthly salary is ₹ 20,000. In that case, that central government employee’s monthly CTC other than allowance will be ₹ 51,400 ( ₹ 20,000 x 2.57).

What is the pay scale for assistant professors in India?

The pay scale for Assistant Professors according to the upcoming 7th Pay Commission are expected to range anywhere between Rs.46,800 to Rs.1,17,300. The grade pay is expected to be set at Rs.19,800. Previously, in the 6th Pay Commission, the pay scale of Assistant Professors was between Rs.15,600 to Rs.39,100 and the grade pay was Rs.6,600.

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What is the seventh Central Pay Commission of India?

Seventh Central Pay Commission of India Employees and staffers of the Central Government in India receive their pay according to the 7th Pay Commission System. After the Union Budget presented on 5 July 2019, central government employees are waiting for an update from the 7th Pay Commission that is generally made every 6 months.

What is the salary fixation for central government employees?

As per the Government decision, the salary fixation is fixed for Central Government employees after 1.1.2016. The fitment factor is 2.57. What is the salary structure of the 7th Pay Commission? The 7th pay commission introduced a new pay fixation table called Pay Matrix Table and the pay structure is started from Pay Level 1 to 18.