8th Pay Commission May Offer Lower Salary Hike Than 7th: Report Predicts Just 13% Hike vs 14.3% Last Time

8th Pay Commission

8th Pay Commission May Offer: Central government employees are projected to receive a modest 13% effective salary increase under the forthcoming 8th Pay Commission, which is slightly below the 14.3% hike provided during the 7th Pay Commission, according to a report from Kotak Institutional Equities. The fitment factor, crucial for determining basic pay, is expected … Read more

8th Pay Commission: What Is The 12-Year Commuted Pension Demand And Why It Matters

8th Pay Commission

In order to update the pay of central government employees and pensioners, the Union Cabinet approved the creation of the 8th Pay Commission earlier this year. More than a crore central government employees and retirees await the formal news, despite the government having authorised the commission’s creation. When will the 8th Pay Commission submit the … Read more