8th Pay Commission News: Today is the last day of January and the month of February will start from tomorrow. The general budget is also to be presented by the Finance Minister on 1 February 2025. The government has made preparations for the budget. According to the information, it is being told that in the budget to be presented in Parliament, the government can make an announcement regarding the salary of the employees under the Eighth Pay Commission (8th Pay Commission update).
Salary hike: The second month of the new year 2025 will start from tomorrow. Tomorrow is going to be a very special day across the country. People’s expectations have increased a lot regarding this budget. The government has also recently approved the formation of the Eighth Pay Commission. The formation of the 8th Pay Commission can be announced in the budget. According to sources, this time under this new pay commission, the salary of the employees can increase up to 108 percent.
Know when the 8th Pay Commission can be implemented-
As the budget day is approaching. The expectations of the employees have increased a lot. Employees are also speculating that the government can announce the formation of a new pay commission in this budget. The aim of the government is to give appropriate salary to the employees in accordance with inflation (Employees Salary Hike). Union Minister Ashwini Vaishnav has confirmed that the 8th Pay Commission will be constituted.
So far, seven pay commissions have been implemented. Now the tenure of the current seventh pay commission is ending in 2026. In view of which, preparations are now underway to implement the recommendations of the new pay commission (banificiary of 8th Pay Commission) in 2025.
There will be this much increase in the fitment factor-
Revision in salary and pension is done through the fitment factor (Fitment factor Hike). According to experts, it is being told that the commission can recommend a fitment factor of 2.86. Currently, the fitment factor is 2.57. According to some reports, it can be between 1.92 to 2.08. At the same time, if the fitment factor (fitment factor in 8th Pay Commission) is fixed at 2.08, then the minimum basic salary of the employees can be from Rs 18,000 to Rs 37,440.
Salary and pension can increase by this much-
Along with salary, there is a revision in pension as well. If the fitment factor remains so much, then the pension of retired employees can be from Rs 9,000 to Rs 18,720. Apart from this, if the fitment factor increases to 2.86, then the minimum salary of the employees (Fitment factor salary calculation) can be from Rs 18,000 to Rs 51,480 and along with this, a strong increase can also be seen in the pension of pensioners. After the increase in the fitment factor, the pension of retired employees can be from Rs 9,000 to Rs 25,740.
This announcement can be made in Budget 2025-
The government’s preparations regarding the budget (Budget 2025 Expectations) are almost complete. Finance Minister Nirmala Sitharaman is going to present the Union Budget 2025-26 on 1 February 2025. Important announcements related to the 8th Pay Commission can also be made in this budget. At present, no official announcement has been made by the government regarding salary structure, dearness allowance etc., but it is likely that the government may make some announcement in this budget (union Budget 2025-2026) regarding salary structure, fitment factor and dearness allowance.
When was the first pay commission implemented-
The government constitutes a new pay commission to provide relief to employees from inflation. The Government of India implements a new pay commission every ten years. This new pay commission gives recommendations related to the salary of government employees and public sector employees. The first pay commission was implemented in 1947 (first pay commission india) and the current seventh pay commission (7th Pay Commission) was implemented in 2016. In this pay commission, the salary of employees was increased by 23.5 percent. Now the new pay commission is expected to be implemented in 2025.
