New Delhi: If media sources are to be believed, the government has started discussions at its level regarding the 8th pay scale. (DA Hike and Salary Increase of Govt Employees Latest Updates and News) Not only this, but it is also being claimed that this new pay scale will be implemented next year i.e. in 2025.
Salary Hike Latest Updates
In fact, before the Union Budget presented this year, many unions and organizations of government employees had recommended the Central Government to abolish the 7th Pay Commission and implement the 8th Pay Commission. However, this did not happen in the budget. But it is also not the case that the government has completely ignored this important demand. According to claims, the Central Finance Ministry is collecting data before implementing it and it is possible that the employees employed by the Center and pensioners will start getting its benefits from next year.
Let us tell you that the 7th Pay Commission was implemented in January 2016. Looking at these circumstances, the 8th Pay Commission is expected to be implemented within one and a half years. (DA Hike and Salary Increase of Govt Employees Latest Updates and News) In this way, even if it is not implemented next year, it will be mandatory to implement it by 2026.
How much will the salary increase?
Now the question arises that if the Finance Department implements the 8th Pay Commission, then how much will be the increase in the salary of government employees? So let us tell you that for the increase in dearness allowance, the government will also increase the fitment factor, which will have a direct effect in the calculation of DA. Currently, under the 7th Pay Commission, this fitment factor is 2.57 times, if the 8th Pay Commission is implemented, then this fitment factor will become 3.68 times. For example, if the basic salary of an employee is Rs 18,000, then his salary excluding allowances will be Rs 18,000 X 2.57 = Rs 46,260. If the fitment factor is 3 or more, then definitely it will be beneficial.
What is DA?
Let us tell you that when the salary of a central employee is fixed without allowances, then all kinds of allowances are added to it, such as DA, TA, HRA. DA is given to central employees to protect them from losses due to inflation. (DA Hike and Salary Increase of Govt Employees Latest Updates and News) It is fixed twice a year. The first time it is fixed during January to June and the second time it is fixed for the period from July to December.
When will DA increase?
It is important to mention here that the government calculates the average inflation every half year, which includes calculations from January to June. After this, the average inflation is calculated in the second half. On this basis, DA increases. DA is always higher than the average inflation. Currently, the AICPI index is located at 139.4 points, so it is being estimated that for the second time in 2024, dearness allowance may increase by 3 to 4 percent. After the increase in DA, TA increases on the same basis. The increase in DA is also linked to TA. Similarly, house rent allowance i.e. HRA is also decided. The monthly salary of the central employee is prepared after all the allowances are calculated.
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