8th Pay Commission: Salary Hike Of 13% Likely, Fitment Factor Lower Than 7th CPC, Says Kotak Report
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3 Articles
7th Pay Commission: DA of Central Employees May Increase to 59 Percent in July! Know all Details
7th Pay Commission : There is a good news for the central government employees. Even though everyone is waiting for the 8th Pay Commission to be implemented, before that another Dearness Allowance ( DA) will be increased under the 7th Pay Commission. It is expected that DA can be increased by 3 to 4% in July 2025. That is, the DA of the employees can increase to 58% or 59%. DA increases twice a year The government increases DA twice every year .…
8th Pay Commission: When will it be implemented, how much will the salary increase? read the new report - Business League
8th Pay Commission: The new salary structure may increase the total remuneration by 30-34%, which will affect more than 1 crore employees and retired employees across the country. This can put a heavy burden of Rs 1.8 lakh crore on the government treasury. 8th Pay Commission: Central government employees and pensioners across the country are keeping a close watch on the news related to the upcoming 8th Pay Commission. This is expected to lead to…
8th Pay Commission: Salary Hike Of 13% Likely, Fitment Factor Lower Than 7th CPC, Says Kotak Report
The effective salary hike for central government employees under the 8th Pay Commission is likely to be of 13%, which will be lower than around 14.3% under the 7th Pay Commission, according to a report released by Kotak Institutional Equities on Monday.The fitment factor, which is the multiplication unit recommended by the commission, is expected to be "1.8", the research report stated. This would be around 30% lower than the 2.57-fitment factor…
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