Basic pay determination for rewards: revised pay scales govern pay drawn on the last day; minima and maxima under review Rule 4 of the Reward Rules prescribes that basic pay for computing rewards is the pay drawn on the last day of the relevant financial year; consequently, where pay scales are revised during the year, the basic pay as per the revised scales may be used to determine the reward for that financial year. The question of revising the fixed minimum and maximum reward limits is being examined and will be decided separately.
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Basic pay determination for rewards: revised pay scales govern pay drawn on the last day; minima and maxima under review
Rule 4 of the Reward Rules prescribes that basic pay for computing rewards is the pay drawn on the last day of the relevant financial year; consequently, where pay scales are revised during the year, the basic pay as per the revised scales may be used to determine the reward for that financial year. The question of revising the fixed minimum and maximum reward limits is being examined and will be decided separately.
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