MalayalamNewsableKannadaTeluguTamilBanglaHindiMarathimynation
  • Facebook
  • Twitter
  • whatsapp
  • YT video
  • insta
  • India
  • World
  • Business
  • Markets
  • Sports
  • Entertainment
  • Technology
  • Auto
  • Lifestyle
  • Career
  • Home
  • Business
  • 8th Pay Commission brings cheer: Basic pay now Rs 51,000 with higher perks

8th Pay Commission brings cheer: Basic pay now Rs 51,000 with higher perks

The Modi government is reportedly planning a significant decision regarding the 8th Pay Commission, recently approved. Exciting news has emerged about this development.

Ajay Joseph | Published : Jan 27 2025, 10:11 AM
2 Min read
Share this Photo Gallery
  • FB
  • TW
  • Linkdin
  • Whatsapp
  • Google NewsFollow Us
112
Asianet Image

The main objective of the 8th Pay Commission is to evaluate the salaries and pensions of government employees in accordance with the current economic situation and inflation rate.

212
Asianet Image

The tenure of the 7th Pay Commission will end in 2026. As a result, the formation of the 8th Pay Commission has become absolutely necessary.

312
Asianet Image

In this context, there is great news for government employees again. The central government has approved the formation of the 8th Pay Commission, which is an important step in increasing the salaries, allowances, and gratuity of government employees and pensioners.

412
Asianet Image

Approximately 4.9 million central government employees and 6.5 million pensioners will directly benefit from this initiative.

512
Asianet Image

A proposal has been made to increase the upper limit of the 8th Pay Commission. Currently, the upper limit is Rs 2 million, which may be increased to Rs 2.5 million to Rs 3 million, according to sources.

612
Asianet Image

Gratuity is calculated based on the employee's last month's salary and dearness allowance. For example, if a government employee's basic salary is Rs 18,000 and he works for 30 years, his gratuity becomes approximately Rs 489,000.

712
Asianet Image

But if the fitment factor of the 8th Pay Commission increases from 2.57 to 2.86, this gratuity amount can reach Rs 1.256 million.

812
Asianet Image

Salary Increase - In the 8th Pay Commission, the salaries of central government employees are likely to increase by 25% to 35%.

912
Asianet Image

Allowance Increase - Major changes can also occur in allowances like Dearness Allowance and Travel Allowance.

1012
Asianet Image

Pension Benefit Increase - It is reported that the retirement benefits of pensioners may be increased by about 30%.

1112
Asianet Image

The fitment factor will play a major role in the 8th Pay Commission. The fitment factor of the 7th Pay Commission was 2.57, which increased the minimum basic salary from Rs 18,000 rupees to Rs 46,600.

1212
Asianet Image

If this fitment factor increases to 2.86 in the new pay commission, the minimum basic salary can reach Rs 51,000.

Ajay Joseph
About the Author
Ajay Joseph
With over eight years of journalistic experience, Ajay Joseph Raj. P has been a dedicated member of the Asianet Newsable team, where he serves as the Chief Copy Editor. His expertise spans Business, Career, Stock Market, National, International, and viral/trending topics, with a knack for crafting compelling narratives that connect with diverse audiences. Before joining Asianet Newsable, Ajay honed his skills at OneIndia News and Opoyi English, gaining extensive experience in delivering impactful stories across various beats. Read More...
8th Pay Commission
 
Recommended Stories
Top Stories
Asianet
Follow us on
  • Facebook
  • Twitter
  • whatsapp
  • YT video
  • insta
  • Andriod_icon
  • IOS_icon
  • About Us
  • Terms of Use
  • Privacy Policy
  • CSAM Policy
  • Complaint Redressal - Website
  • Compliance Report Digital
  • Investors
© Copyright 2025 Asianxt Digital Technologies Private Limited (Formerly known as Asianet News Media & Entertainment Private Limited) | All Rights Reserved