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  • Major pay hike for govt employees: Rs 25,000 boost in basic salary CONFIRMED!

Major pay hike for govt employees: Rs 25,000 boost in basic salary CONFIRMED!

Basic salary and pensions are increasing for government employees. A significant salary hike of Rs 25,000 is on the horizon. Details about who qualifies for this increase are provided.

1 Min read
Author : Ajay Joseph
Published : Dec 10 2024, 03:43 PM IST
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15

Great news for government employees. Their basic pay is increasing significantly from January. The Modi government has announced great news for central government employees.

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Salary is increasing by Rs 25,000, bringing joy to employees. The Union Ministry of Labour and Employment is considering increasing the limit of monthly and basic salary of employees.

35

It is being said that if the basic salary is increased, the employees will get more minimum pension at the time of retirement.

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The minimum basic salary limit under EPFO is Rs 15,000. Ten years ago, the minimum basic salary was increased from Rs 6,500 to Rs 15,000.

55

According to information recently released by EPFO, a report quoting sources said that the ministry may increase the new limit of basic salary to Rs 25,000 or more.

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About the Author

AJ
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.
India
Employees' Provident Fund Organisation
 
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