The fitment factor under Pay Commissions is vital to calculate the revised basic salary and pensions for the employees. The fitment factor is multiplied with the current basic pay to arrive the ...

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

The wait for the 8th Pay Commission for government employees and pensioners has now gained momentum. It is being speculated ...

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

Odisha Police Sub Inspector Salary has been mentioned on this page. The Odisha Police SI in hand salary is expected to be Rs ...

The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...

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

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 ...

Determine Gross Salary: Include all components like basic salary, HRA, bonuses, etc. Subtract Exemptions: Deduct exemptions such as HRA, LTA, etc. Apply Deductions: Deduct eligible amounts under ...

The calculation is based on a different framework: * Less than 1 year: 2 times the basic pay. * 1–5 years: 6 times the basic pay. * 5–11 years: 12 times the basic pay. * 11–20 years ...