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The 8th Pay Commission aims to revise salaries and pensions for central government employees and pensioners, with a potential ...
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ET Now on MSN8th pay commission: Salary hike range that government employees can expect - Fitment factor, percentage increaseThe latest pay commission could translate into a good hike for cental government employees and pensioners. Under the 8th CPC, ...
In March, the Union Cabinet, approved a 2% hike in DA and DR under the 7th Pay Commission, effective from January 1, 2025.
the DA hike will benefit over 12 million central government employees and retirees under the 7th Pay Commission. With this pay revision, the DA would increase from 53% to 55% of the basic pay.
it is worth revisiting the journey of salary revisions from the 1st to the 7th Pay Commission. According to reports, under the 8th Pay Commission, the basic pay of central government employees ...
The 7th pay commission replaced the 6th pay commission's grade pay system with a rationalised pay matrix, showcasing all pay levels with a chart. The 8th Pay Commission, which has been recently ...
were added to Rs 18,000 basic pay, the total salary stood at Rs 36,020 under the 7th Pay Commission. Reports suggest that the fitment factor could rise to 2.86, which will raise the basic pay in ...
Additionally, the 7th Pay Commission recommended a minimum basic salary of ₹18,000 per month. The minimum basic pension was increased to ₹9,000 per month.
Under the 7th Pay Commission, the fitment factor was 2.57, which led to an increase in the minimum basic salary of central government employees from Rs 7,000 under the 6th Pay Commission to Rs 18,000.
The 7th Pay Commission established a standard fitment benefit of 2.57 applicable to all central government employees. This factor resulted in raising the minimum basic pay to "Rs 18,000" monthly ...
8th Pay Commission: Basic salary may go up to Rs 40,000-Rs 50,000 from Rs 18,000 under 7th pay panel
As per the information available, employees currently receive a minimum basic salary of Rs 18,000 per month under the 7th Pay Commission, excluding perks, allowances, and performance pay.
The revised DA has been effective since July 1, 2024, bringing the allowance to 53% of the basic pay ... said: "The 7th Pay Commission report did not recommend any such measure." ...
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