8th Pay Commission Big Update: Expected salary hike from 8th Pay Commission can be between 20% to 35%. Check Details

8th Pay Commission Big Update: After the arrival of the new pay commission, there is a possibility of a good increase in your salary. Let us explain to you how the 8th Pay Commission will be different from the previous 6th and 7th Pay Commission.

8th Pay Commission Date: People keep complaining about inflation over time. Keeping their grievances in mind and with the recommendations of various Central Pay Commissions, there have been significant revisions in the salaries of Central Government Employees in India. Since the first Pay Commission was introduced by the Central Government in the year 1946, continuous critical reviews have played a very important role in ensuring fair compensation in India.

– Advertisement –

With the rise in inflation and changes in the economic structure, the 6th and 7th Pay Commissions brought significant reforms in the salary structure of Central Government employees in India, which reshaped the financial scenario of millions of people. As the discussions about the 8th Pay Commission are gaining momentum in the country.

These were the shortcomings in the earlier pay commission:-

Sixth Pay Commission

• Establishment: July 2006
• Approval: August 2008
• Minimum Basic Pay: Rs 7,000
• Fitment Factor: Initially recommended as 1.74. Later it was increased to 1.86 by the government.
• Main Recommendations: Previous pay applicable from 1st January 2006
• Allowances applicable from 1st September 2008
• Increase in Subsistence Allowance (DA) from 16% to 22%

Also Read:- Instagram rolls out “Teen accounts” with parental control and new privacy features

7th Pay Commission

• Formation: 28 February 2014
• Implementation: 1 January 2016
• Minimum Basic Pay: Rs 18,000
• Fitment Factor: 2.57
• Key Recommendation: Minimum basic pay increased from Rs 7,000 to Rs 18,000.

Expectations from 8th Pay Commission

The 8th Pay Commission is expected to come into being in 2026, but we are still waiting for an official announcement from the government. The expected salary hike could be between 20% to 35%, potentially taking the Level 1 salary to around Rs 34,560 and the Level 18 salary to Rs 4.8 lakh. There is also good news for employees and pensioners, as retirement benefits are expected to be more attractive and several allowances are set to be adjusted. Moreover, reports suggest that a fitment factor of 1.92 will be used to prepare the pay matrix for the 8th Pay Commission.

Related Articles:-

Now order food from Zomato while traveling in train, special partnership with IRCTC

UPI new rules: Attention UPI users, these rules have changed from today

Jeevan Pramaan Patra: You can submit life certificate through mobile in few minutes, Quick step by step guide

– Advertisement –