Hindustan Shipyard Dy. Project Officer Salary 2024 | Know Salary Structure, Monthly In Hand Payment & More!

The basic salary starts at Rs.50000/- per month, with the potential to increase up to Rs180000/- per month. In addition to the basic pay, employees receive a Dearness Allowance (DA) of Rs.13500/-, which is 27% of the basic pay, and a House Rent Allowance (HRA) of Rs.15000/-, which is 30% of the basic pay. The Transport Allowance (TA) is determined as per the applicable rules.Taking into account these allowances, the minimum in-hand salary is Rs 65650/- per month, while the maximum can go up to Rs 195650/- per month

★ Top 3 key highlights:

  • Hindustan Shipyard Dy. Project Officer Salary 2024: Rs 50000/- to Rs 180000/- per month

  • Hindustan Shipyard Dy. Project Officer  Initial Pay: Rs 65650/- per month

  • Hindustan Shipyard Dy. Project Officer  Maximum Salary: Rs 195650/- per month

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Hindustan Shipyard Dy. Project Officer Salary 2024

Information Details
Name Hindustan Shipyard Salary
Profession Hindustan Shipyard Job (Full Time )
Pay Level  06
Pay Band  PB-2(5200-20200)
Grade Pay  4200
Pay Scale  Rs 50000/- to /-
Basic Salary  Rs.50000/-
Maximum Salary  Rs180000/-
 (DA)  Rs.13500/-  (27% Of Basic Pay)
 (HRA)  Rs.15000/-  (30% Of Basic Pay)
Transport Allowance (TA)   As Per Applicable
Min ( In hand ) Rs 65650/- Month
Max ( In hand ) Rs 195650/- Month

Hindustan Shipyard Dy. Project Officer Salary Deductions (2024)

The Hindustan Shipyard Dy. Project Officer salary structure encompasses deductions from both basic salaries and allowances. The following table provides a concise overview of commonly applied deduction categories:

Income Tax

Yes

Professional Tax

Yes

Employee Provident Fund (EPF)

Yes

Employee State Insurance (ESI)

Yes

Hindustan Shipyard Dy. Project Officer Salary Allowances (2024)

The recruitment process for the Deputy Project Officer position at Hindustan Shipyard in 2024 will involve a series of stringent evaluations, including written tests and typing skills assessments. Successful candidates will be offered a competitive remuneration package in line with government norms. This comprehensive package will include components such as House Rent Allowance (H.R.A.), Arrears, Travel Allowance (T.A.), and Dearness Allowance (D.A.).

Dearness allowance (DA)

Dearness allowance (DA)

This allowance is linked to the Consumer Price Index (CPI) and is revised periodically.

House rent allowance (HRA)

House rent allowance (HRA)

This allowance is based on the location of the employee's residence.

Transport allowance

Transport allowance

This allowance is to reimburse the employee for the cost of commuting to and from work.

Medical allowance

Medical allowance

This allowance is to cover the employee's medical expenses.

Hindustan Shipyard Dy. Project Officer Salary Calculation

To calculate the Total In-Hand Salary for Hindustan Shipyard Dy. Project Officer Salary 

➜ Step 1: Calculate the DA Amount

DA Amount = Current DA Rate * Basic Salary (Starting)

DA Amount = 27% * 50000/- = Rs 13,500/

➜ Step 2: Calculate the HRA Amount

HRA Amount = Current HRA Rate * Basic Salary (Starting)

HRA Amount = 30% * 50000/-  = Rs 15,000/

➜ Step 3: Calculate the PF Amount

PF Amount = PF (Employee's contribution) * Basic Salary (Starting)

PF Amount = 12% * 50000/- = Rs 6,000/

➜ Step 4: Calculate the NPS Amount

NPS Amount = NPS (Employee's contribution) * (Basic Salary (Starting) + DA Amount)

NPS Amount = 10% * (50000/- + 13500/-) = 6,850/-

➜ Step 5: Calculate the Total In-Han Salary

Total In-Hand Salary = Basic Salary (Starting) + DA Amount + HRA Amount - PF Amount - NPS Amount

Total In-Hand Salary = 50000+13500+1500060006850= Rs 65650/-

➜ Conclusion

The Total In-Hand Salary for a Hindustan Shipyard Dy. Project Officer Salary is Rs = 65650/-

Hindustan Shipyard Dy. Project Officer Salary 2024: 7th Pay Commission

✦ Top Hindustan Shipyard Dy. Project Officer Salary Govt Jobs Perks

01 DA

02 HRA

03 TA

04 NPS

05 MA


Hindustan Shipyard Dy. Project Officer Salary 2024 FAQs

⭐What is the maximum salary for a Hindustan Shipyard Dy. Project Officer?

 The maximum salary for a Hindustan Shipyard Dy. Project Officer is Rs. 180000/- per month.

⭐What is the Dearness Allowance (DA) for a Hindustan Shipyard Dy. Project Officer?

The DA for a Hindustan Shipyard Dy. Project Officer is 27% of the basic pay, which amounts to Rs. 13500/-.

⭐What is the House Rent Allowance (HRA) for a Hindustan Shipyard Dy. Project Officer? 

The HRA for a Hindustan Shipyard Dy. Project Officer is 30% of the basic pay, which amounts to Rs. 15000/-.

⭐What is the Employee Provident Fund (EPF) contribution for a Hindustan Shipyard Dy. Project Officer?

 The EPF contribution for a Hindustan Shipyard Dy. Project Officer is 12% of the basic pay, which amounts to Rs. 6000/-.

⭐What is the minimum in-hand salary for a Hindustan Shipyard Dy. Project Officer? 

The minimum in-hand salary for a Hindustan Shipyard Dy. Project Officer is Rs. 65650/- per month.

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