MP Police SI Salary 2024 | Madhya Pradesh Sub Inspector | Monthly Payment, In Hand Amount
MP Police SI Salary 2023: Pay Level 09, within Pay Band PB-3 (9300-34800) and Grade Pay 3600, offering a salary scale from Rs. 36,200/- to Rs. 1,14,800/-. The package includes a Basic Salary of Rs. 36,200/-, along with Dearness Allowance (DA) at Rs. 13,756/- (38% of Basic Pay) and House Rent Allowance (HRA) at Rs. 9,774/- (27% of Basic Pay) for housing needs, while Transport Allowance (TA) is provided based on applicable rates. Contributions towards future financial security encompass a Provident Fund (PF) of Rs. 4,995/- and a National Pension Scheme (NPS) allocation of Rs. 4,344/-. Additional allowances, like the Other Work Allowance, are included as per norms. The in-hand payment is Rs. 50,391/-, with a Maximum In-Hand Salary of Rs. 1,05,461/-.
★ Basic Salary: Rs 36,200/- 1,14,800/-.
★ Starting In Hand Salary: Rs 50391/- (Approx Per Month)
★ Hand Salary Maximum: Rs 105461/- (Approx Per Month)
MP Police SI Salary 2023 7th Pay Commission
The MP Police SI's salary structure includes various components, such as Pay Level, Pay Band, Grade Pay, and Pay Scale. As per the current pay scale, an MP Police SI receives a basic salary of Rs. 36,200/-, which can go up to a maximum of Rs. 1,14,800/-. Additionally, the MP Police SI is entitled to various allowances, such as Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance (TA), PF, NPS, and Other Work Allowances (OWA). The DA is currently 38% of the basic pay, which amounts to Rs. 13,756/-. The HRA is 27% of the basic pay, which amounts to Rs. 9,774/-.
The TA is provided as per the applicable rules. The PF contribution is Rs. 4,995/-, and the NPS contribution is Rs. 4,344/-. The OWA is provided as per the applicable rules. Overall, the MP Police SI's salary structure is considered to be quite competitive, with various benefits and allowances provided to ensure a comfortable standard of living for the employees.
Madhya Pradesh SI (Sub Inspector) Salary 2023
MP Police SI Salary | |
---|---|
CATEGORY | AMOUNT |
Pay Level (वेतन स्तर) | 09 |
Pay Band (वेतन बैंड) | PB-3(9300-34800) |
Grade Pay (ग्रेड पे) | 3600 |
Pay Scale (वेतनमान) | Rs.36,200/- 1,14,800/- |
Basic Salary (मूल वेतन) | Rs. 36,200/- |
Maximum Salary (अधिकतम वेतन) | Rs. 1,14,800/- |
Dearness Allowance (DA) (महंगाई भत्ता) | Rs. 13756/- (38% Of Basic Pay) |
House Rent Allowance (HRA) (मकान किराया भत्ता) | Rs. 9774/- (27% Of Basic Pay) |
Transport Allowance (TA) (परिवहन भत्ता) | As Per Applicable |
PF | 4995/- |
NPS | 4344/- |
Other Work Allowance (कार्य भत्ता) | As Per Applicable |
In Hand Payment | Rs 50391/- |
Maximum In Hand Salary (अधिकतम इन हैंड सैलरी) | Rs 105461/- |
✦ नीचे पूर्ण विवरण देखें (⬇) |
MP Police SI Salary Calculation
To calculate the Total In-Hand Salary for MP Police SI Salary we'll use the provided formula and fill in the values:
- Basic Salary (Starting) = Rs.36,200/-
- Current DA Rate = 38% of Basic Salary
- Current HRA Rate = 27% of Basic Salary
- Other Allowances = As Per Applicable
- PF (Employee's contribution) = 12% of Basic Salary
- NPS (Employee's contribution) = 10% of (Basic Salary + DA)
Now, let's calculate each component:
★DA Amount = Rs 13756/-
★HRA Amount = Rs 9774/-
★PF Amount = Rs 4995
★NPS Amount = Rs 4344
Now, let's calculate the Total In-Hand Salary:
★ Total In-Hand Salary Rs.50391/-
So, the Total In-Hand Salary for an MP Police SI Salary would be Rs. 50391/-
MP Police SI Salary 2023 Allowances
Allowances Details
Benefits | Details |
HRA (House Rent Allowance) | 9-27% of the Basic Salary |
DA (Dearness Allowance) | 38% of the Basic salary |
TA (Travel Allowance) | As this is fieldwork. TA will be claimed. |
Additional | Digitization and the Digital Work, Bonus on Festival, and other |
MP Police SI Salary 2023 Deduction
Deduction amount of NPS, PF & Income tax will be done in MP Police SI basic salary & DA as per Madhya Pradesh SI norms.
Deduction Details
CATEGORY | AMOUNT |
PF (10% of basic) | 4995 |
NPS (10% of basic + DA) | 4344 |
Income Tax | If annual salary exceeds 5 lahks or ITR Norms |
Download MP Police SI Salary Slip
The government of Madhya Pradesh has kept an attractive salary for the accountant, due to which the level of competition in this exam is likely to be very high, so the candidates should prepare for this exam with a lot of dedication and concentration, which will ensure your success in the exam.
MP Police SI Salary & Promotion
Promotion of Madhya Pradesh SI is done as per the norms of the Madhya Pradesh state govt.
- 1st Promotion: MP Police SI is promoted to Inspector post after 08-12 years of service.
- 2nd Promotion: MP Police SI is promoted to Circle Officer after 15-18 years of service.
MP Police SI Salary 2023 FAQs
⭐What is a Pay Level and how does it relate to the Pay Band and Grade Pay?A Pay Level is a numerical representation of the hierarchical classification of positions within an organization's salary structure. It indicates the relative seniority and responsibilities of a role. Pay Level is linked to the Pay Band, which establishes the salary range, and the Grade Pay, which adds to the basic pay as an allowance.
⭐What is the purpose of Dearness Allowance (DA) and how is it calculated?Dearness Allowance (DA) is an adjustment made to an employee's salary to counteract inflation and rising living costs. It is calculated as a percentage of the Basic Pay. For example, if the DA is 38% of Basic Pay Rs. 36,200, the DA would be Rs. 13,756.
⭐Can you explain the significance of House Rent Allowance (HRA) and how it is determined?House Rent Allowance (HRA) is provided to employees to assist with their housing expenses. It is usually a percentage of the Basic Pay. For instance, if HRA is 27% of Basic Pay Rs. 36,200, the HRA amount would be Rs. 9,774. The actual HRA received can vary based on factors like the employee's location and salary level.
⭐What is the National Pension Scheme (NPS) and why is it a part of the compensation package?The National Pension Scheme (NPS) is a government-backed retirement savings scheme. It encourages individuals to save for their post-retirement years. Employers often contribute to NPS as part of their employee benefits package. The Rs. 4,344 allocated to NPS is a contribution towards the employee's future financial security.
⭐How is the Maximum In-Hand Salary calculated and what does it represent?The Maximum In-Hand Salary is the highest amount an employee can receive after all deductions and allowances. It includes Basic Salary, various allowances like DA, HRA, and deductions like PF and NPS. The Maximum In-Hand Salary of Rs. 1,05,461 represents the upper limit of earnings for individuals at the highest level of this pay structure, encompassing the entire compensation package.
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