Latest news with #8thCommission
India.com
5 days ago
- Business
- India.com
8th Pay Commission New Salary Calculator: What will be net salary at Level-7 with basic pay, fitment factor, DA, HRA, TA?
8th Commission Salary Calculator: 8th Pay Commission is always the topic of curiosity for central government employees and also among common people. The salary structure is different for government employees at different levels. How much money will Pay Level-7 (GP-4600) employees actually take home? What will be the new basic pay? What fitment factor will be applied? And after adding allowances like HRA (House Rent Allowance) and TA (Travel Allowance), what will be the total net salary? What Is the 8th Pay Commission Fitment Factor? The fitment factor is the multiplier that decides salary hike in every pay commission. It is the figure by which your basic pay is multiplied. In the 7th Pay Commission, it was 2.57. For the 8th Pay Commission, several media reports estimate the most likely scenario is a 1.92 fitment factor. We'll use this as the basis for calculating the salary for Pay Level-7. What Can Be the 8th Commission Salary? Pay Level 7th CPC Basic Pay 1.92 Fitment Factor 2.08 Fitment Factor 2.86 Fitment Factor Level 1 ₹18,000 ₹34,560 ₹37,440 ₹51,480 Level 2 ₹19,900 ₹38,208 ₹41,392 ₹56,914 Level 3 ₹21,700 ₹41,664 ₹45,136 ₹62,062 Level 4 ₹25,500 ₹48,960 ₹53,040 ₹72,930 Level 5 ₹29,200 ₹56,064 ₹60,736 ₹83,512 Level 6 ₹35,400 ₹67,968 ₹73,632 ₹1,01,244 Level 7 ₹44,900 ₹86,208 ₹93,392 ₹1,28,414 Level 8 ₹47,600 ₹91,392 ₹99,008 ₹1,36,136 Level 9 ₹53,100 ₹1,01,952 ₹1,10,448 ₹1,51,866 Level 10 ₹56,100 ₹1,07,712 ₹1,16,688 ₹1,60,446 8th CPC: Level-7 Salary Calculation (Step-by-Step) Let's now do a complete breakdown of the new salary for a Level-7 employee. New Basic Salary Calculation Current Basic Pay (Level-7): Rs 44,900 Estimated Fitment Factor: 1.92 New Basic Pay Calculation: Rs 44,900 × 1.92 = Rs 86,208 The takeaway is that your basic salary will jump from Rs 44,900 to over Rs 86,000. Big Jump in Allowances Now, on this new basic pay, your allowances will be added, making your salary even more attractive. Dearness Allowance (DA): When the new pay commission is implemented, DA will be reset to 0%. House Rent Allowance (HRA): For employees living in X-category cities (like Delhi or Mumbai), this will be 30% of the new basic pay. HRA = Rs 25,862 Travel Allowance (TA): For higher TPTA cities, this will be Rs 3,600. 8th CPC: Gross Salary vs Net Salary Now, let's add everything up to see the total monthly earnings, i.e., the gross salary. Gross Salary Calculation New Basic Salary: Rs 86,208 Dearness Allowance (DA): Rs 0 House Rent Allowance (HRA): Rs 25,862 Travel Allowance (TA): Rs 3,600 Total Gross Salary: Rs 1,15,670 per month This is the amount that will appear on your salary slip. But to know how much will actually reach your bank account, we need to factor in deductions. Net Salary (In-Hand Salary) Calculation NPS Deduction: This is 10% of your Basic Pay + DA. 10% of Rs 86,208 = Rs 8,621 (approx.) CGHS Deduction: For this level, it will be Rs 650. Income Tax (Estimated): Under the new tax regime, around Rs 6,670 per month. So, how much will you take home? Gross Salary: Rs 1,15,670 Total Deductions (NPS + CGHS + Tax): Rs 8,621 + Rs 650 + Rs 6,670 = Rs15,941 Estimated Net In-Hand Salary: Rs 1,15,670 − Rs 15,941 = Rs 99,729 per month
Hans India
14-07-2025
- Business
- Hans India
8th Pay Commission: Expected hike, implementation timeline, beneficiaries — Full details inside
The Central Government is gearing up for the implementation of the 8th Pay Commission, which will overhaul the pay structure, allowances, and pensions of nearly 1 crore central government employees and pensioners. Union Minister Ashwini Vaishnaw earlier confirmed the formation of the commission is expected by January 2026. What Is the 8th Pay Commission? The Pay Commission reviews and recommends changes in the salary structure, allowances, and pension benefits of central government employees. The 8th Commission will revise key elements such as: Basic Pay Dearness Allowance (DA) House Rent Allowance (HRA) Transport Allowance (TA) It will benefit over 50 lakh government employees and around 65 lakh pensioners, including defence personnel. When Will It Be Implemented? While the Commission is expected to be formed in early 2026, reports suggest recommendations may be submitted by the end of 2025. However, the actual implementation could be pushed to FY27, depending on how quickly the Terms of Reference (ToR) are approved and the report is finalized. Past trends show such delays are common—the 7th Pay Commission was announced in 2014 but implemented in 2016. How Much Salary Hike Is Expected? Although official numbers are awaited, industry estimates predict a 30–34% salary hike, in line with earlier trends and recent tax cuts worth ₹1 trillion planned for FY26. Current minimum basic salary: ₹18,000 Expected minimum post-hike salary: ₹51,480 Estimated government expenditure: ₹1.8 lakh crore The fitment factor, which was 2.57 in the 7th CPC, plays a critical role in determining the revised pay. A higher fitment factor will result in a proportionately higher basic pay. Understanding the Salary Structure: Basic Pay: Fixed and based on pay level (≈51.5% of income) DA (Dearness Allowance): Adjusted for inflation (≈30.9%) HRA (House Rent Allowance): Location-based rental support (≈15.4%) TA (Transport Allowance): For commuting expenses (≈2.2%) For example, an employee earning ₹18,000 basic pay with 50% DA would receive ₹9,000 as DA, bringing the total to ₹27,000—excluding other allowances. The 8th Pay Commission is set to bring substantial relief and salary upgrades for lakhs of government employees and pensioners. While January 2026 is a tentative milestone, actual rollouts might stretch to FY27. Keep an eye on the official ToR and recommendations for precise updates.
