weather_iconDublin | 9.69 °C | AQI 17
Tuesday, 17 December, 2024

---Advertisement---

Business

7th Pay Commission: Good news! Hike in DA, fitment factor in July!

7th Pay Commission: There is good news for central employees. If everything goes well, then in July they can get two gifts together. The first gift in July could be an increase in dearness allowance and the second could be an increase in the fitment factor. (7th Pay Commission) In view of the demand of […]

7th pay commission

7th Pay Commission: There is good news for central employees. If everything goes well, then in July they can get two gifts together. The first gift in July could be an increase in dearness allowance and the second could be an increase in the fitment factor. (7th Pay Commission) In view of the demand of central employees, the central government may announce an increase in the fitment factor in July. Significantly, the central employees have been demanding an increase in the fitment factor for a long time. Actually, there is an increase in the basic salary under the fitment factor.

7th Pay Commission: Fitment factor

At present, fitment factor is being given to central employees (7th Pay Commission) at the rate of 2.57 per cent. There is a demand to increase it to 3.68 times. With the increase in fitment factor from 2.57 to 3.68, the minimum basic pay will increase from Rs 18,000 to Rs 26,000. If the central government accepts this demand, then there will be a tremendous increase in the minimum salary of the central employees.

---Advertisement---

Basic salary from 2.57 to 3.68

Significantly, the last time the fitment factor was increased in the year 2016. The 7th Pay Commission was also implemented in the same year. At that time the minimum salary of the employees went straight from Rs 6000 to Rs 18,000. While the ceiling was increased from Rs 90,000 to Rs 2.5 lakh. Now the government can again increase the salary of central employees this year.

Basic pay from Rs 18000 to Rs 26000

The fitment factor determines the basic pay for all central government employees. This time if there is a possible increase in the fitment factor, then the minimum basic pay will increase from Rs 18000 to Rs 26000.

---Advertisement---

HISTORY

Written By

Divya Richa

Related Story

Live News

---Advertisement---


live

India Vs Australia, 3rd Test Day 4 LIVE Updates: Match Stopped Due To Rain, Jadeja Completes 50

Dec 17, 2024
India vs Australia 3rd Test, Day 4 Live Updates
  • 09:55 (IST) 17 Dec 2024

    IND vs AUS, 3rd Test Live Updates: Game interrupted due to rain

  • 09:51 (IST) 17 Dec 2024

    IND vs AUS, 3rd Test Live Updates: Mitchell Starc to Nitish Reddy

  • 09:46 (IST) 17 Dec 2024

    IND vs AUS, 3rd Test Live Updates: 50 for Jadeja

N24 Shorts Logo

SHORTS

Sports

IPL 2025: 3 RCB Stars Who Shone Bright In SMAT 2024!

Some of the prominent players of RCB who played brilliantly in the tournament.

View All Shorts

---Advertisement---

Trending