8th Pay Commission: Good news for government employees. Because when the 8th Pay Commission is implemented, there will be a tremendous bounce in their salary. Not only does salary increase in every pay commission, but with it DA, Fitment Factor and HRA which means the rates of house rent allowance. In such a situation, the subject of discussion remains whether the government will change the rates of HRA in the 8th Pay Commission.
Government will review according to DA structure
As you have told you, the government also revises the rates of HRA with every pay commission. In the 6th Pay Commission, HRA rates were revised in 30 percent (X City), 20 percent (Y city) and 10 percent (Z city). At the same time, they were also revised in the 7th Pay Commission. Those rates were some 24,16,8 percent. But as soon as the DA reached 50 percent, HRA was increased to 30,20, 10 percent again. This means that the rates of HRA are directly related to DA and Basic Pay. Therefore, it is being speculated that this time also the government will review the rates of HRA in the 8th Pay Commission once again according to basic pay and DA structure.
How to increase HRA
So far, there is talk of increasing the fitment factor in the 8th Pay Commission by 1.92. This clearly means that the new pay base will be fixed by multiplying the existing basic salary of the employee by 1.92. If you tell it as an example, then if your basic salary is 30 thousand rupees, then the new salary will be 30 thousand × 1.92 = 57,600. In such a situation, the calculation of HRA will also be on new basic. Due to which the amount of HRA will increase.
How much will HRA rates increase
According to media reports, HRA is likely to change the rates. Every time the new pay commission is implemented, HRA also increases. There is a discussion that the government can change the rates of HRA. This will not only increase the money in the hands of the employees, along with this, if there is 25 percent and 50 percent in DA, there will be a provision in its revision.