8th Pay Commission Big Update: Modi government likely implemented salary hike by THIS date, Finance Ministry says...
8th Pay Commission: The Modi government has approved the 8th Pay Commission in January 2025, but the official notification has not yet been issued. It is also important to note that the government has not yet finalized the names of the members and the chairperson of the new Pay Commission. Meanwhile, Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha that the official notification regarding the 8th Central Pay Commission will be issued at an appropriate time in the near future. Here are some of the key details: Minister of State for Finance Pankaj Chaudhary stated that letters were sent on January 17 and February 17, 2025, to the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training (DoPT), and all states seeking their inputs on the Terms of Reference.
Inputs are still being received. Therefore, the official notification will be issued at an appropriate time, the minister said.
After the government issues the notification for the 8th Pay Commission, the chairperson and members of the commission will be appointed.
The notification would be issued 'at the appropriate time,' and appointments would follow thereafter.
More than 10 million Central Government employees and pensioners are eagerly awaiting the official notification of the 8th Pay Commission.
According to media reports, the government may approve a fitment factor in the range of 1.8 to 2.86.
The fitment factor determines the salary/pension hike for Central Government employees and pensioners. At 1.92 fitment factor
Revised basic pay: Rs 54,528 HRA: Rs 13,086.72 TA: Rs 3,600 Gross salary: Rs 71,214.72 NPS: Rs 5,452.80 CGHS: Rs 250
Net salary: Rs 65,511.92 At 2.57 fitment factor
Revised basic pay: Rs 72,988 HRA: Rs 17,517.12 TA: Rs 3,600 Gross salary: Rs 94,105.12 NPS: Rs 7,298.80 CGHS: Rs 250
Net salary: Rs 86,556.32 At 1.92 fitment factor
Revised basic pay: Rs 73,152 HRA: Rs 17,556.48 TA: Rs 3,600 Gross salary: Rs 94,308.48 NPS: Rs 7,315.20 CGHS: Rs 250
Net salary: Rs 86,743.28 At 2.57 fitment factor
Revised basic pay: Rs 97,917 HRA: Rs 23,500.08 TA: Rs 3,600 Gross salary: Rs 1,25,017.08 NPS: Rs 9,791.70 CGHS: Rs 250
Net salary: Rs 1,14,975.38 At 1.92 fitment factor
Revised basic pay: Rs 1,12,512 HRA: Rs 27,002.88 TA: Rs 3,600 Gross salary: Rs 1,43,114.88 NPS: Rs 11,251.20 CGHS: Rs 650
Net salary:Rs 1,31,213.68 At 2.57 fitment factor
Revised basic pay: Rs 1,50,602 HRA: Rs 36,144.48 TA: Rs 3,600 Gross salary: Rs 1,90,346.48 NPS: Rs 15,060.20 CGHS: Rs 650
Net salary: Rs 1,74,636.28 At 1.92 fitment factor
Revised basic pay: Rs 1,53,984 HRA: Rs 36,956.16 TA: Rs 7,200 Gross salary: Rs 1,98,140.16 NPS: Rs 15,398.40 CGHS: Rs 650
Net salary: Rs 1,82,091.76 At 2.57 fitment factor
Revised basic pay: Rs 2,06,114 HRA: Rs 49,467.36 TA: Rs 7,200 Gross salary: Rs 2,62,781.36 NPS: Rs 20,611.40 CGHS: Rs 650
Net salary: Rs 2,41,519.96 At 1.92 fitment factor
Revised basic pay: Rs 1,85,472 HRA: Rs 44,513.28 TA: Rs 7,200 Gross salary: Rs 2,37,185.28 NPS: Rs 18,547.20 CGHS: Rs 650
Net salary: Rs 2,17,988.08 At 2.57 fitment factor
Revised basic pay: Rs 2,48,262 HRA: Rs 59,582.88 TA: Rs 7,200 Gross salary: Rs 3,15,044.88 NPS: Rs 24,826.20 CGHS: Rs 650
Net salary: Rs 2,89,568.68
(Disclaimer: These are projections. Actual revised amounts may vary.)
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