- Advertisement -
Home Personal Finance 7th Vs 8th Pay Commission Calculator: What will be Fitment Factor? How...

7th Vs 8th Pay Commission Calculator: What will be Fitment Factor? How much will salary increase? See complete pay structure of Pay Level

0
7th Vs 8th Pay Commission Calculator: What will be the Fitment Factor? How much will the salary increase? See the complete pay structure of Pay Level

8th Pay Commission Salary Hike: The fitment factor plays the most important role in deciding the basic salary of government employees. In the 7th Pay Commission, it was 2.57, due to which the minimum salary increased from ₹ 7,000 to ₹ 18,000.

8th Pay Commission Salary Hike: The wait for the 8th Pay Commission for government employees and pensioners has now gained momentum. It is being speculated that the salary of central government employees will increase by 20% to 30%. According to the government, more than 50 lakh central employees and 65 lakh pensioners are going to benefit from this.

When will the 8th Pay Commission be implemented?

According to the government’s indications, the 8th Pay Commission may be effective from January 1, 2026. The previous 7th Pay Commission (7th CPC) was implemented from January 1, 2016, and usually a new pay commission is implemented every 10 years. According to this, the 8th CPC is expected to be implemented from January 2026.

What will be the difference between the 7th and 8th Pay Commission? What will be the fitment factor?

7th Vs 8th Pay Commission Calculator: The fitment factor plays the most important role in deciding the basic salary of government employees. In the 7th Pay Commission, it was 2.57, due to which the minimum salary increased from ₹ 7,000 to ₹ 18,000. Now there are three different estimates regarding the fitment factor in the 8th Pay Commission – 1.90 or (1.92), 2.08 and 2.86. This will decide what will be the new salary of government employees. If the fitment factor is 2.86, then the minimum salary can increase from ₹ 18,000 to ₹ 51,480.

How is basic salary decided?

Formula of Fitment Factor:

New Basic Salary = Existing Basic Pay × Fitment Factor

Below is the table comparing the salary hikes as per 7th and 8th Pay Commission-

Estimation of salary increase in 8th Pay Commission

Pay Level 7th Pay Commission (Basic Pay) 1.92 fitment factor 2.08 Fitment Factor 2.86 fitment factor
Level 1 ₹18,000 ₹34,560 ₹37,440 ₹51,480
Level 2 ₹19,900 ₹38,208 ₹41,392 ₹56,914
Level 3 ₹21,700 ₹41,664 ₹45,136 ₹62,062
Level 4 ₹25,500 ₹48,960 ₹53,040 ₹72,930
Level 5 ₹29,200 ₹56,064 ₹60,736 ₹83,512
Level 6 ₹35,400 ₹67,968 ₹73,632 ₹1,01,244
Level 7 ₹44,900 ₹86,208 ₹93,392 ₹1,28,414
Level 8 ₹47,600 ₹91,392 ₹99,008 ₹1,36,136
Level 9 ₹53,100 ₹1,01,952 ₹1,10,448 ₹1,51,866
Level 10 ₹56,100 ₹1,07,712 ₹1,16,688 ₹1,60,446

Will DA (dearness allowance) be zero in the 8th pay commission?

In every new pay commission, the Dearness Allowance (DA) is reset at the beginning. Currently, the DA in the 7th Pay Commission is 53%, but in the 8th Pay Commission it will be reset from zero and then gradually increased.

How much will pensioners benefit?

  • Currently the minimum pension is ₹9,000 per month.
  • The maximum pension of government employees is fixed at 50% of the basic salary.
  • Currently the maximum pension is ₹ 1,25,000 per month.
  • In the 8th Pay Commission it can go up to ₹3 lakh.

What does the government say on 8th Pay Commission?

The government has not yet made an official announcement regarding the 8th Pay Commission, but it is likely that its recommendations will be finalized in 2025 and it will be implemented from 2026. At the same time, in her address at the beginning of the budget session of Parliament, President Draupadi Murmu acknowledged the important role of the middle class in India’s economic growth. She praised the PM Modi government, which is working towards implementing the 8th Pay Commission for the betterment of the employees.

Most Read Articles:

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version