8th Pay Commission Update: Central employees will be in luck now, because the government will make a big decision. The government will soon constitute the 8th Pay Commission, after which work will continue. After a complete review, the 8th Pay Commission will be implemented so that the salary will jump like a leopard.
Everyone has a question about how much of an increase will be seen in the salaries of central employees as soon as the 8th Pay Commission is implemented. How many thousand rupees can be seen in the employees’ wages? All these details can be easily known in the article below, where all the confusion will end. How many thousand rupees will the salary increase? You can understand from the calculation.
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How much salary will the fitment factor apply to?
The minimum basic salary of level 1 employees under the 7th Pay Commission is Rs 18,000. If 55 per cent DA is merged in the basic wage, it will become Rs 27,900. In this way, the fitment factor is likely to be implemented not at 18,000 but at Rs 27,900. If this happens, then a record-breaking increase can be seen in the employees’ salaries.
How much will the salary of the employees be?
The 8th Pay Commission can suggest a fitment factor between 1.92 and 2.86. If the fitment factor is 2.57, the salary hike will likely be Rs 71,703. If the fitment factor is 2,86, the salary can be Rs 79,794. This amount will prove to be like a booster dose. Central employees can have a great time in the era of inflation. However, nothing can be said officially right now.
What has happened so far?
The Modi government approved the 8th Pay Commission in January, but has not been able to form it yet. The government is expected to announce the members of the 8th Pay Commission committee by the last week of April. Earlier, the 7th Pay Commission was implemented on January 1, 2016. There is a tradition of implementing a new Pay Commission every ten years. This time, everyone’s eyes are fixed on when the government will implement the latest Pay Commission.
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