On August 2, 2022, the subject of whether the government is considering not forming the 8th Central Pay Commission to review salaries, allowances, and pensions received a response from Shri Pankaj Chaudhary, Minister of State for Finance.
Central Government always calculates their salary every month but when a person wants to apply for the recruitment of a post in Govt, he wants to know the in-hand salary every month for the level in which they will be recruited.
The Confederation of Central Government Employees and Workers demands that the 8th Pay Commission be established, the National Pension System be abolished, and DA/DR arrears be paid.
8th Central Pay Commission News
On the 8th Pay Commission Revised 10 Points Charter of Demands and Resolutions, according to Confederation News, Implement a five-year pay increase for employees of the central government. Appoint the 8th Central Pay Commission, and with effect from January 1, 2021, amend the Central Government employees’ pay, allowances, and pension benefits.
8th Pay Commission Date
The announcement of the 8th Central Pay Commission is keenly anticipated by all Central and State Government employees in India, including pensioners and family pensioners. Before the general election in 2024, we anticipate the 8th pay commission to be announced. The 8th Pay Commission may go into effect on January 1st, 2026.
8th Pay Commission Salary Calculator
For Central Government employees and pensioners, we have already developed a large number of computation tools. The distinguishing feature of our website is the basic pay scale conversion online tool from the sixth CPC to the seventh CPC. The 8th Pay Commission Pay Calculator will be designed and presented as soon as we can.
Here are all the most recent 8th CPC developments and predictions for the upcoming 8th pay commission! The primary components to anticipate from the new pay commission are Minimum Basic Pay, Fitment Factor, Pay Matrix Table, and Fixation Methodology.
DA Table from January 2016 to December 2024 | After 7th Pay Commission
8th Pay Commission Fitment Factor
An element of conversion from an old basic income to a new basic salary is the “Fitment Factor”. A popular formula for converting pre-revised basic pay to revised basic pay uses the fitment factor. The Pay Commission Report makes the fitting factor a key recommendation. Only this factor will be used to determine the pay raise. The information about prior pay commissions that we are gathering is provided here for your knowledge.