8th pay commission: Will the government announce the minimum basic salary received under the 8th Pay Commission in the budget tomorrow? This is the question about the budget in the minds of most central employees and pensioners. The government has approved the formation of the 8th Pay Commission in January. Since then, these speculations are the highest that what will be the minimum basic salary in the 8th Pay Commission? Rs 37,000 or Rs 51,000, what will be the minimum basic salary structure. Right now the minimum basic salary is Rs 18,000. However, there will be no announcement regarding the salary of the 8th Pay Commission in the budget as the officials are yet to be decided for the formation of the commission. The government can definitely discuss the roadmap of the 8th Pay Commission in the budget. However, if we talk about the employees, then he would like to know how much salary he will get in the Eighth Pay Commission.
How much can salary increase under 8th Pay Commission?
Government employees and pensioners have got relief after the 8th Pay Commission of the Union Cabinet (8th Pay Commission). According to reports, the fitment factor may live between 1.92 and 2.08. This can increase the salary of government employees by up to 108%. If the fitment factor 2.08 is fixed, the minimum basic salary of central employees can increase from Rs 18,000 to Rs 37,440. At the same time, pension can increase from Rs 9,000 to Rs 18,720. But if the fitment factor goes to 2.86, the salary may increase by 186%. If this happens, the minimum salary can increase by Rs 51,480 and pension to Rs 25,740. However, it is less likely.
When will the eighth pay commission be implemented from when
Union Minister Ashwini Vaishnav announced on 16 January that the 8th Pay Commission would be set up for all government employees. He said that since independence, seven pay commissions have been formed till now, the last of which was implemented in the 7th Pay Commission 2016. Its period is ending in 2026. Now this step has been taken to prepare new recommendations in the year 2025. Now the 8th Pay Commission will be applicable from 1 January 2026.
8th commission’s roadmap will be fixed in budget 2025
Discussion about the 8th Pay Commission is being held at a time when Union Finance Minister Nirmala Sitharaman is going to introduce 2025 on 1 February. In such a situation, any new announcement related to the 8th Pay Commission can be made in the budget. The government can discuss in the budget on important points regarding group or salary structure of officers involved in the Commission. The 8th salary roadmap may also be announced in the budget.
What is Pay Commission?
The Government of India constitutes the Pay Commission in a most 10 -year gap, which makes recommendations related to the salary structure of all government employees and public sector employees. The first Pay Commission was formed after independence in 1947. Since then, seven pay commissions have been implemented. The 7th Pay Commission formed in 2014 submitted its report in November 2015. It was implemented in the year 2016. Now the eighth pay commission will be applicable from 1 January 2025.
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