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Can you provide a breakdown of the salary components for NABARD Grade B officers?
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Can you provide a breakdown of the salary components for NABARD Grade ...
Salary Components for NABARD Grade B Officers:

Basic Pay:

- The basic pay for NABARD Grade B officers is Rs. 35,150 per month.

Dearness Allowance (DA):

- The DA is revised quarterly based on the Consumer Price Index (CPI).
- Currently, the DA is around 17% of the basic pay.

House Rent Allowance (HRA):

- The HRA depends on the place of posting and can be 7%, 8%, or 9% of the basic pay.

Special Allowance:

- The special allowance is fixed at 7.75% of the basic pay.

Grade Allowance:

- The grade allowance is fixed at 6% of the basic pay.

City Compensatory Allowance (CCA):

- The CCA is provided to employees working in metropolitan cities and can range from Rs. 700 to Rs. 1,000 per month.

Other Benefits:

- Medical allowance of Rs. 4,200 per annum
- Leave Travel Concession (LTC)
- Reimbursement of expenses for newspaper, internet, telephone, etc.
- Contributory Provident Fund (CPF)
- Gratuity
- Pension

Gross Salary:

- The gross salary of NABARD Grade B officers can vary depending on the place of posting.
- On average, the gross salary can range from Rs. 71,000 to Rs. 84,000 per month.

Deductions:

- The deductions include income tax, provident fund contribution, and other applicable deductions.

Net Salary:

- The net salary is the amount received by the employee after deducting the applicable deductions from the gross salary.

Note: The salary components mentioned above are subject to change as per the rules and regulations of NABARD.
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Can you provide a breakdown of the salary components for NABARD Grade B officers?
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