8th Pay Commission: If implemented, how much salary hike is expected? Check latest update on pay matrix of central employees
8th Pay Commission Latest News: In the recommendations of the 7th Pay Commission, the fitment factor was kept at 2.57 times.
8th Pay Commission Latest News: There's good news for central government employees as reports suggest that talks about the formation of the 8th Central Pay Commission are moving in a positive direction. If the 8th Pay Commission is implemented, central government employees will get a good hike. Under the 7th Pay Commission, employees' basic salary is Rs 18,000. The fitment factor plays a big role in deciding salary. The revised basic pay is calculated from the old basic pay based on the fitment factor. This is why the fitment factor is an essential recommendation in the Pay Commission report.
What will be the basic salary?
In the recommendations of the 7th Pay Commission, the fitment factor was kept at 2.57 times. The salaries of central government employees were revised on this basis. Figures show that the lowest salary hike was given in the 7th Pay Commission. However, the basic salary was increased to Rs 18,000.
Some reports suggest the fitment factor can be increased to 3.68 times in the 8th Pay Commission. In such a scenario, the minimum salary may increase to Rs 26,000 from the existing Rs 18,000.
5th Pay Commission Fitment Factor
Salary increase: 31 per cent
Minimum pay scale: Rs 2,550
6th Pay Commission Fitment Factor
Fitment Factor: 1.86 times
Salary increase: 54 per cent
Minimum Pay Scale: Rs 7,000
7th Pay Commission Fitment Factor
Fitment Factor: 2.57 times
Salary increase: 14.29 per cent
Minimum Pay Scale: Rs 18,000
8th Pay Commission Fitment Factor
Fitment Factor:?
Salary increment:?
Minimum Pay Scale:?
Will the 8th Pay Commission be implemented?
The biggest question is whether the 8th pay commission will be implemented or not. There are two different opinions regarding this. If government sources are to be believed, the government will not consider the next pay commission. On the other hand, experts are of the view that it is not possible to do as there is a system in place that cannot be ended all of a sudden. Also, there is still a lot of time before the 8th Pay Commission will be implemented. The timeline of the next Pay Commission may come into effect from January 1, 2026.
How much salary will be increased based on the pay matrix?
The minimum salary of central employees can start from Rs 26,000 in Pay Matrix level 1. The salary will increase till the pay matrix level 18. If we look at the trend of Pay Commission, it is likely to be implemented in every 8-10 years. This time too it is likely to be implemented on January 1, 2026.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
IPL Auction 2025 Free Live Streaming: When and where to watch Indian Premier League 2025 mega auction live online, on TV, Mobile Apps, and Laptop?
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
03:57 PM IST