The Union Cabinet approved the 8th Pay Commission to revise salaries for central government employees. The commission, ...

As per Ambit Capital's estimated fitment factor under the 8th Pay Commission, a base salary of Rs 50,000 can rise up to Rs ...

The Union Cabinet, led by Prime Minister Narendra Modi, has approved the formation of the 8th Pay Commission, aimed at ...

Central government employees and pensioners could see a historic pay hike of 30-34% under the 8th Pay Commission, potentially ...

A research report by brokerage firm Ambit Capital suggests that a potential hike of 30-34% in salaries and pensions could ...

Ambit estimates that the hike will be significantly higher than the ~14% increase approved under the 7th Pay Commission, the ...

A government employee’s pay has many parts, basic pay, dearness allowance (DA), house rent allowance (HRA), transport ...

Do you have family member employed by the central government? Find out how the 'Fitment Factor' plays a crucial role in deciding their salary under the 8th Pay Comission.

Fitment factor = Rs 25,700 / Rs 10,000 = 2.57. This means the revised salary wasn’t based just on the old basic, but on the basic + DA merged figure, with a modest hike added.

Many media reports earlier claimed that the fitment factor under the upcoming pay commission could range from 1.92 to 2.86, accordingly speculations about in hand salary have been made. Fitment ...

However, if the fitment factor of 1.92 gets approved, it will increase central government employees’ minimum salary from ₹ 18,000 to ₹ 34,560, which is a hike of 92 per cent.