8th Pay Commission Calculator- Salary hikes for central employees have been announced. This involves the news about the new formula through which the salaries of the employees in the 8th Pay Commission will be increased. Under the 7th Pay Commission, the minimum basic salary was increased from Rs 7 thousand to Rs 18,000.
When Shall The 8th Pay Commission Be In Place?
With the government’s approval, setting up the 8th Pay Commission is being readied. The onset of implementation of the recommendations of the 8th Pay Commission for the government employees is expected somewhere around January 2026. The recommendations of the 7th Pay Commission would be coming to an end by December 2025. At this time, the process of the new Pay Commission is still running. The formation of the new pay commission may be time-consuming before it can be approved. The possibility lies that in April 2026 the new pay commission may be declared and made effective from January 2026.
The Employees’ Salaries Are Expected To Skyrocket
On implementation of Pay Commission recommendations, the salaries of central employees would go up. The increase will help mitigate the effect of rising inflation. The increase will assist employees with their day-to-day expenses. First, this would benefit over one crore central employees and pensioners before being working in the states.
Salary Will Increase According To This Formula
With the acceptance of the recommendations of the new pay commission, meaning an increase in the salary of government employees. This gives employees financial independence. The benefit which the proposal of the Central Pay Commission would carry would get affected by all other financial policies. Under 8th Pay Commission, salary will see an increase only based on the fitment factor. The employees have suggested a fitment factor of 2.86. That would present the employees with an increase in their minimum basic salary from Rs.18000 to Rs.51480.
Understand The Calculation This Way
Fitment factor is a coefficient in the Pay Commission. The current basic salary multiplied by the Fitment Factor determines the new basic salary. So if the fitment factor is 2.86 and our basic salary is Rs 20,000, then it will increase to Rs 57,200, that is, Rs 20,000 multiplied by 2.86. This could increase other allowances also depending upon minimum basic salary.
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