Experts are hinting at between 20% to over 30% hike in salaries. Under 8CPC, about 50 lakh central government and 65 lakh ...

The central government has approved the formation of the 8th Pay Commission. Due to this the salary and pension of more than ...

The recommendations of the 8th Pay Commission are expected to be enforced in 2026, benefiting approximately 50 lakh central ...

Multiply the current salary by the Fitment Factor (2.28) to calculate the new basic salary. Add the Dearness Allowance (DA), which is expected to reach 70%, to the new basic salary for the total ...

Prime Minister Narendra Modi-led Union Cabinet has approved the constitution of the 8th Pay Commission, promising cent ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

8th Pay commission: How much salary and pension hike did central government employees get in 7th and 6th Pay Commissions? Effective from July 1, 2024, central government employees and pensioners are ...

For example, the basic salary at Pay Matrix Level 1 is ... the new pay matrix will improve transparency and simplify pay calculations. - Balancing Expectations with Fiscal Constraints: The ...

The factor is applied to an employee's existing basic pay (which includes their grade pay) to calculate their new basic pay under the revised pay matrix introduced by a Pay Commission. “ Pay ...