Study Material for PO/RMS Accountant Examination

An Official drawing band pay of Rs 9120 plus grade pay  of Rs 2400 in pay band 1 from 01.01.2010  is promoted on 01.03.2010 to a post in a pay band 2 with grade pay of Rs  4200/-  He opts for fixation from the date of his increment . Calculate his pay in the promoted post
Pay  on 01.03.2010	Rs  9120 +2400
On promotion  he will draw Rs  9120 + Grade Pay  of Rs  4200  from  01.03.2010
Pay  on 01.07.2010	9120
Grade pay in the lower Post	2400
	11520
Increment due on 01.07.2010 (  3 %)	350          ( 11520*3/100)
Total	11870
Add One increment  on  promotion   3 %	360     (11870*3/100)
(9120+350+360) +2400	12230
Pay on refixation  from  01.07.2010	9830+4200= 14030