Grade salary

Assessee will get a basic salary of Rs. 5,000 w.e.f. 01.03.2004.

w.e.f. 01.03.2005 and onwards, he will get an annual increment of Rs. 100 till his salary reaches Rs. 8,000. After that he will get an annual increment of Rs. 200 till his salary reaches Rs. 15,000. No further increment will be given, till he is placed in the higher/revised grade.

So, for AY 2016-17, his basic salary will be as follows:

April 2015 to Feb 2016 = 6,100 x 11 = Rs. 67,100.00

For March 2016 = Rs. 6,200.00

Total basic salary = Rs. 73,300.00