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HomePersonal Finance7th Pay Commission Fitment Factor Update: Good news for central employees! Big...

7th Pay Commission Fitment Factor Update: Good news for central employees! Big update on fitment factor; Salary will increase so much!

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Latest Update on Fitment Factor: A big update has come for the central government employees. After the change in the fitment factor of government employees, the salary structure will also change.


7th Pay Commission Fitment Factor: More than 52 lakh central government employees have been demanding to increase the fitment factor for a long time. Now a big update has come for the central government employees. After the change in the fitment factor of the government employees, there will be a change in the salary structure as well. Earlier it was expected to change in the new financial year. But now that the new dearness allowance has been announced in September. So the fitment factor is also expected to change.

The change will affect the entire salary.
Fitment Factor plays an important role in the salary structure of central employees. Any change in this affects the entire salary. Presently it is 2.57 percent and according to that salary is received. But for a long time there is a demand to increase it to 3.68. It is being claimed in many media reports that the government may take a decision to extend it till December before the new year.

Let us tell you that after the DA hike in September, the dearness allowance of central employees has gone up to 38 percent . At present, the minimum salary of the employees is 18 thousand rupees. After the decision on this, it will increase to Rs 26000. However, no official information has been given by the government on this yet.

Salary will increase like this and so much
now, on the basis of fitment factor 2.57 times and basic salary of Rs 18000, excluding other allowances, you get Rs 18,000 X 2.57 = Rs 46260. But if it is increased to 3.68 then the salary will be Rs 26000 X 3.68 = Rs 95680 excluding other allowances of the employees.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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