Can an IAS Officer Earn in Crores Legally? How Much Does an IAS Officer Earn? (2024)

Millions of young candidates want to become IAS officers. Life as an IAS officer entails a wide range of difficulties and duties. He or she is in charge of maintaining law and order and providing assistance to the public during times of crisis. But have you ever considered how much these Indian Administrative Service officials earn after investing in so much effort to pass the UPSC exam? Also, can an IAS officer earn in crores legally? Find all the answers in the sections below.

IAS officials and other civil servants may lawfully make crores of rupees by saving their salaries and investing them legally in equities, bonds, mutual funds, and real estate. When compared to the private sector, the salary following the 7th pay commission is still lower. The 7th Pay Commission granted a much-needed raise in the wages of IAS officers. Though IAS pay is not a key motivator for applicants studying for the UPSC test, it is a source of concern for officials because it is a regular affair and a lower income will discourage IAS officers in the long run.

The Indian Administrative Service officers are the highest-ranking officials in the Indian administrative organisation. IAS officials are at the very peak of the bureaucratic food chain. The remuneration is likewise consistent with the officers’ social position.

How Much Does an IAS Officer Earn?

The salary is determined by the IAS officer’s rank. The officials are awarded grades depending on the number of years they have served in the services. Depending on their years of experience, officials are routinely promoted to the next level. They are often promoted based on performance. The compensation structure is further bolstered by Grade Pay, DA, HRD, and a variety of additional perks.

IAS Officer Net Worth

An IAS officer’s average net worth may easily reach 100 crores, with increased net worth based on the division in which they work.

Also Read: Stages Of An IAS Officer’s Career Path: Promotion Stage Of An IAS Officer And The Salary Benefits

All The IAS Grades Explained

Junior Scale Grade

The initial grade awarded to probationers is Junior Scale. The following positions are included in the junior grade:

# Sub Divisional Magistrates (SDMs)

# Sub Divisional Officers (SDOs)

# Sub Collector

The position varies per state and is determined by the administrative structure’s state name.

Senior Time Scale Grade

Senior Time Scale is the second on the list and is awarded to officials who have served for 5 years. The positions covered by the senior time scale grade are as follows:

# District Magistrate (DM)

# Collector

# Joint Secretary of a Government Ministry

Junior Administrative Grade

Junior Administrative Grade would be next in line, and as the name implies, it is awarded to officers who accomplish 9 years of service and then become a part of the administrative division in the state bureaucracy. The following are some of the posts included in this grade:

# Special Secretary to the Government of India

# Head of Various Government Departments in the state government

Selection Grade

IAS officials with 12 to 15 years of service are awarded a selection grade. This is the best period for the officer. At this point, he has a significant influence on policy decisions.

# Secretary to a Ministry

# Director in a field organisation

Super Time Scale

This grade is given to IAS officers when they have served for 17 to 20 years. The officers do not follow a predictable posting schedule since postings are determined by the discretion of state governments. Furthermore, the strength of the state cadre plays a major role here. This grade includes the most essential postings.

# Principal Secretary

Above Super Time Scale

After 20 years of service, this grade is given. After 20 years of service, the officer continues to get grades, and his or her compensation rises in accordance with the grade, but the posting is subject to the government’s discretion. The achievements and performance are quite essential in the posting. In this category, the post also differs.

Apex Scale

The Apex scale is India’s second-highest grade, after only the Cabinet Secretary Grade. Officers are assigned to this grade only after they have demonstrated success in prior assignments. The posting at this grade is contingent on performance and the government’s willingness. The following are some of the posts included in this grade:

# Chief Secretary of States

# Union Secretaries are in charge of several ministries in the Government of India, such as the Home Secretary and the Finance Secretary.

Cabinet Secretary Grade

In India, this is the pinnacle of the salary hierarchy. The Cabinet Secretary is India’s highest-ranking official. The IAS officer for this position is chosen by the Prime Minister of India from a list of officials supplied by the Ministry of Personnel.

Also Read: 10 Must-Have Qualities To Become An IAS Officer

Roles of IAS

Administrative Work

An IAS officer is a civil service administrative position. He or she is in charge of monitoring the administrative activities of the division to which they have been assigned.

Maintaining Law and Order

The upkeep of law and order is the responsibility of an officer. He or she is in charge of coordinating and giving essential support to maintain law and order as well as to assist those who have been impacted by natural disasters or riots.

Management

An official is in charge of the people that work under him. He or she is in charge of preparing reports based on the results of the assessment of their service.

Documentation

An officer is frequently involved in the examination of a variety of reports. He or she is also in charge of giving advice and assisting elected officials in formulating and drafting policies in order to make the best judgments possible.

IAS Perks & Other Benefits

As previously stated, the pay is separated into several classes, and the ultimate salary is determined by the officer’s grade. The base pay, grade pay, and additional perks and allowances that an officer might get are all included in this remuneration. A few of them have been briefly addressed below:

Dearness Allowance (DA)

It is an incredibly significant portion of an officer’s compensation since it is raised by the government on a regular basis. It has now risen to 103 percent of the base salary. As a result, DA can directly affect the salary.

House Rent Allowance (HRA)

It differs from one city to the next. HRA is determined by the city in which the officer is stationed. It usually varies from 8% to 24% of the base salary.

Medical Allowance

Medical allowance is included in the salary, which can be paid if an employee requires medical care. Transport allowance, house assistance benefits, cell phone bills, travel costs, retirement savings benefits are among the other perks and allowances.

Conclusion

Young applicants should keep in mind that the pay scale for IAS officers in India should not be the primary factor in their decision to join the service. The civil service is a chance to serve the nation and make a positive difference in the lives of its citizens. Your primary motive should be a desire to serve your nation and improve the lives of many others.

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Also Read: Indian Foreign Service Eligibility: Duties and Responsibilities of an IFS Officer

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