ICLS Salary Per Month & In-hand Salary
The Indian Corporate Law Service (ICLS) is a prestigious Group 'A' civil service under the Government of India, responsible for managing matters related to corporate affairs and functions. This service is considered one of the best career options in terms of service provision, pay scale, and salary.
ICLS Salary Structure Table
| Rank / Level | Typical Post | Basic Pay (₹) |
|---|---|---|
| Junior Time Scale | Registrar of Companies, Official Liquidator, Assistant Director | ₹56,100 |
| Senior Time Scale | Deputy Registrar, Deputy Director, Deputy Official Liquidator | ₹67,700 |
| Junior Administrative Grade | Registrar of Companies, Joint Director, Official Liquidator | ₹78,800 |
| Selection Grade | Joint Director, General Manager (IEPF Authority) | ₹1,18,500 |
| Senior Administrative Grade | Regional Director, Director of Inspection and Investigation | ₹1,31,100 |
| Higher Administrative Grade | Director General of Corporate Affairs, Additional Secretary | ₹1,44,200 – ₹2,05,400 |
Basic Pay
The basic pay for ICLS officers starts at ₹56,100 per month in the Junior Time Scale. This pay is subject to annual increments and promotions, leading to higher pay levels. The 7th Pay Commission is expected to revise these figures, potentially increasing the basic pay to ₹67,320 per month, based on a projected fitment factor of 2.0 to 2.25.
Allowances
ICLS officers are entitled to various allowances, including Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance (TA), and other special allowances for field postings. The 7th Pay Commission is anticipated to revise these allowances, aligning them with the revised basic pay and current economic conditions.
Deductions
Deductions from the ICLS officers' salary include contributions to the National Pension Scheme (NPS), provident fund, income tax, and professional tax. The exact amount of deductions varies based on the officer's salary, tax liabilities, and other factors. These deductions are subject to change with the implementation of the 7th Pay Commission.
Perks & Benefits
- Official accommodation or House Rent Allowance (HRA)
- Medical facilities under the Central Government Health Scheme (CGHS)
- Leave Travel Concession (LTC)
- Gratuity and pension benefits
- Government vehicle (as per rank)
- Foreign postings and international exposure
ICLS Salary After 5 Years
After five years, ICLS officers typically reach the Senior Time Scale with a basic pay of ₹67,700. With allowances, the gross salary increases significantly. Officers gain experience in corporate law enforcement, policy formulation, and public administration, enhancing both professional expertise and financial growth.
Salary After 10 Years
After ten years, officers generally enter the Junior Administrative Grade with a basic pay of ₹78,800. At this level, in-hand salary and allowances are substantially higher. Officers take on leadership roles in corporate law departments, handle complex cases, and enjoy structured career growth with substantial financial rewards under the 7th Pay Commission.
Job Profile
| Role | Responsibilities |
|---|---|
| Corporate Law Enforcement | Ensuring compliance with corporate laws and regulations |
| Policy Formulation | Developing and implementing corporate governance policies |
| Administration | Managing corporate law departments and overseeing staff and resources |
Career Growth & Promotion
ICLS officers progress from Junior Time Scale to higher ranks including Senior Time Scale, Junior Administrative Grade, Selection Grade, Senior Administrative Grade, and Higher Administrative Grade. Career advancement is based on seniority, performance, and departmental examinations. Senior officers hold significant roles in corporate law policy-making, administration, and enforcement, ensuring continuous professional development and financial growth throughout their service.
Comparison with Similar Jobs
| Service | Starting Pay (₹) | Top Pay (₹) |
|---|---|---|
| ICLS | ₹56,100 | ₹2,05,400 |
| IAS | ₹56,100 | ₹2,50,000 |
| IPS | ₹56,100 | ₹2,25,000 |
Conclusion
The ICLS salary under the 7th Pay Commission provides a competitive pay structure with allowances, deductions, and valuable perks. Officers enjoy structured career growth, professional development, and leadership opportunities in corporate law enforcement and policy-making. With steady increments, promotions, and financial rewards, the ICLS remains a prestigious and financially rewarding service for aspirants seeking a career in corporate law administration.
ICLS Salary FAQ
What is the starting salary of an ICLS officer?
The starting salary of an ICLS officer is ₹56,100 per month, excluding allowances and benefits under the 7th Pay Commission.
What allowances do ICLS officers receive?
ICLS officers receive Dearness Allowance, House Rent Allowance, Transport Allowance, and additional allowances for field postings and special roles.
What is the in-hand salary of ICLS officers after deductions?
The in-hand salary of an ICLS officer after deductions like tax and provident fund is approximately ₹54,000 per month at the entry level.
What is the career progression for ICLS officers?
ICLS officers progress from Junior Time Scale to higher ranks including Senior Time Scale, Junior Administrative Grade, and beyond based on experience and performance.
Are there field posting opportunities for ICLS officers?
Yes, ICLS officers are frequently posted in various regions across India for corporate law enforcement and administrative duties, providing valuable field experience.
What perks and benefits do ICLS officers get?
Perks include official accommodation or HRA, medical facilities, Leave Travel Concession, gratuity, pension, government vehicle, and field exposure opportunities.