New Pay Commission: The government has also not told how much percentage of salary will be increased. However, it is decided by the fitment factor. According to different reports, it can be increased from 2.57 to 2.86. If this happens, then according to the fitment factor 2.86, the minimum basic salary can increase from Rs 18000 to Rs 51480.
8th Pay Commission: On the new year, the Narendra Modi government of the Center has given a big gift to the government employees. The government has approved the formation of the 8th Finance Commission. Government employees and salary earners were demanding this for a long time. Let us know how much the implementation of this pay commission will affect the salary of government employees. And by when can it be implemented.
What is 8th Finance Commission? (What is 8th Pay Commission)
This 8th Finance Commission will make changes in the pension, allowance and salary given to the government employees and pensioners of the Central Government. On one hand, after the implementation of this pay commission, the salary of government employees will increase, on the other hand, dearness allowance will also be revised. Let us tell you, the Pay Commission advises the central government to revise the salary of government employees. This process is done every 10 years.
Minimum basic salary can be Rs 51480
The government has also not told how much percentage of salary will be increased. However, it is decided by the fitment factor. According to different reports, it can be increased from 2.57 to 2.86. If this happens, then according to the fitment factor 2.86, the minimum basic salary can increase from Rs 18000 to Rs 51480.
What is fitment factor?
The Pay Commission revises salaries, pensions and allowances through this fitment factor. This is the way in which the salary and pension of government employees are calculated. Factors like inflation, requirement of employees etc. are included in this.
50 lakh employees of the government can get the benefit of this pay commission. 60 lakh pensioners can also get its benefit. Let us tell you, according to reports, this pay commission can be implemented on 1 January 2026.
Most Read Articles:
- Bank account limit: RBI has made rules on how many bank accounts a person can open, Know what RBI’s new rule says
- DA Hike Update: Good news! Central employees DA will increase to 56%, Government can announce on this day, know update
- Credit Card Link UPI: Link your credit card to UPI from home, know step-by-step guide
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
