weather_iconDublin | 8.9 °C | AQI 68
Saturday, 21 December, 2024

---Advertisement---

Business

7th Pay Commission: Salary to be hiked by Rs 26,000! Know announcement date, calculation

7th Pay Commission: There is double happiness for central employees waiting for a hike in dearness allowance from July 1. In a way, where there is a possibility of a 4 percent increase in their DA from July, there is very good news for lakhs of central employees demanding an increase in fitment factor in […]

7th Pay Commission

7th Pay Commission: There is double happiness for central employees waiting for a hike in dearness allowance from July 1. In a way, where there is a possibility of a 4 percent increase in their DA from July, there is very good news for lakhs of central employees demanding an increase in fitment factor in the long run.

According to reports quoting sources, if everything goes well, the central government may announce an increase in the fitment factor of central employees in the next month i.e. July. With this, the minimum salary of central employees will increase from Rs 18,000 to Rs 26,000 per month.

---Advertisement---

7th Pay Commission: Increase in fitment factor

In fact, the matter of revision in the Fitment Factor is continuously gaining momentum. Central employees have been continuously demanding an increase in the fitment factor for a long time. Therefore, the government can make a big announcement soon on increasing the revision in the central fitment factor. If there is an increase in the fitment factor, then there can be a big increase in the salary of the employees.

At present, fitment factor is being given to central employees 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---

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.

HISTORY

Written By

Divya Richa


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

Latest LIVE News Trending Today, Real Time Updates: Lok Sabha Adjourned Sine Die

Dec 20, 2024
Latest LIVE News Trending Today, Real Time Updates
  • 11:15 (IST) 20 Dec 2024

    Rajya Sabha Adjourned Till 12 Noon

  • 09:01 (IST) 20 Dec 2024

    Rajasthan CM Bhajanlal Sharma Reaches SMS Hospital To Meet Injured In The Jaipur Accident

  • 07:27 (IST) 20 Dec 2024

    Republic Day Parade Rehearsals Underway At Kartavya Path

N24 Shorts Logo

SHORTS

Sports

Is MS Dhoni & Ravichandran Ashwin Set For New Roles In IPL 2026? – Is This CSK’s New Masterplan? | Check Details

After the Gabba Test, Ashwin made this surprising decision. Everyone's eyes became moist after hearing the decision of Ashwin.

View All Shorts

---Advertisement---

Trending