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Home Personal Finance New pay commission : 3.68 times increase in basic salary is possible,...

New pay commission : 3.68 times increase in basic salary is possible, up to 95000 rupees will come in the account! know updates on new pay commission

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DA Hike: Big Announcement....5% increase in DA, order issued, these employees will get benefits
DA Hike: Big Announcement....5% increase in DA, order issued, these employees will get benefits

There is good news for the employees. Actually once again there will be a bumper increase in his salary. In view of the upcoming elections, the Modi government can give a big gift to the employees. If this happens, then the basic salary of the employees will increase up to Rs 8000. Along with this, they will also get the benefit of other allowances. With the increase in the fitment factor, an increase in other allowances of the employees will also be registered.

7th Pay Commission, Employees Fitment Factor: In view of the elections in the coming year, the central government can give a big gift to the employees. In fact, the phase of increase in their dearness allowance on half yearly is going on. Since the Corona period, an increase of 11 percent has been seen in the dearness allowance. At the same time, in the month of July this year, the DA of the employees will be increased again. Meanwhile, the government can also revise the basic salary of the employees. For this the round of discussion has started.

A new formula will be decided for salary calculation

Central employees can get the benefit of basic pay revision in the coming years. Along with this, the preparations for abolishing the 7th Pay Commission are also being discussed. Continuous discussions are also being seen regarding the 8th Pay Commission. Preparations can be made to introduce a new formula for salary calculation.

Demand to increase the fitment factor to 3.68 times

If there is a change in the type of salary calculation, then the change in the fitment factor of the employees will also be allowed. Changes in the fitment factor can register a substantial increase in the salary of the employees. The employees have been demanding review of the fitment factor for a long time. Along with this, there is a demand to increase the fitment factor up to 3.68 times while the government may consider increasing the fitment factor up to 3 times.

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