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The Union Cabinet, last month approved a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR) under the 7th Pay ...
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ET Now on MSN8th pay commission, basic salary hike: 554% increment from 5th to 7th CPC - 8th CPC increase to be?Last month, finance minister Nirmala Sitharaman had informed that it has been decided by the Government to constitute the 8th ...
Maharashtra has recently announced the extension of 7th pay commission to its teachers as well. The state has over 20 lakh government employees. 8th Pay Commission Pay Matrix: At 2.28 fitment factor, ...
What will be the basic salary? In the recommendations of the 7th Pay Commission, the fitment factor was kept at 2.57 times. The salaries of central government employees were revised on this basis.
This increase is in accordance with the accepted formula, which is based on the recommendations of the seventh Central Pay Commission ... to 53 per cent of basic pay from the existing 50 per ...
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