Daily Latest News
House Rent Allowance (HRA) is a crucial part of the monthly salary of central government employeesparticularly for those living in rented accommodation. With housing costs rising across cities, employee unions have placed demands related to HRA before the 8th Pay Commission, making it an important part of the ongoing discussions over the next pay revision….
New Delhi: The Union Cabinet, earlier this year, approved the setting up of the 8th Pay Commission, as announced by Union Minister Piyush Goyal. The commission will review and revise the salaries of central government employees, and one of the most talked-about elements in this process is the fitment factor. Understanding the fitment factor The…
New Delhi: The Government of India, under Prime Minister Modi, is in the process of forming the 8th Central Pay Commission (CPC). This commission will review and recommend salary revisions for nearly 50 lakh central government employees and about 65 lakh pensioners. Key ministries like the Ministry of Home Affairs, Ministry of Defence, Department of…
7th vs 8th Pay Commission DA Comparison Table: A pay commission is an occasion for lakhs of central government employees when their salary is revised. It may give a notable jump to their monthly payouts, helping them maintain their lifestyle, achieve financial goals, and boost their retirement benefits. While a pay commission is formed once…