Good news for employees! Salary may increase by two and a half times in September, there will be benefit in salary up to 49000, see details

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Good news for employees! Salary may increase by two and a half times in September, there will be benefit in salary up to 49000, see details

At present the fitment factor of central employees is 2.57 times, on this basis the minimum basic salary is Rs 18000 and the maximum basic salary is Rs 56900.

Lakhs of central government employees can get a big gift in September. There may be an increase in the basic salary of employees from 49000 to 96000 before Navratri, although this will happen when the fitment factor increases from 2.57 to 3.68. According to media reports, the Modi government may soon consider the fitment factor of central employees amid the demand for the implementation of the 8th Pay Commission. This will benefit more than 52 lakh employees.

Actually, the fitment factor is considered to have an important role in deciding the basic salary of central employees. In the 7th Pay Commission, the salary of central employees is determined by the fitment factor. Due to this factor, the salary of central employees is two and a half times. increases by more than . Based on the fitment factor, the revised basic pay is calculated from the old basic pay. Fitment factor is an important recommendation in the last Pay Commission report, on this basis the increment will be decided.

According to recent media reports, in the festival season starting from September, central employees can be given the benefit of fitment factor along with the new DA, although there is no official confirmation or statement from the government yet, but reports It is believed that a draft will also be prepared for this, which will soon be shared with the Central Government. After discussing in detail in the meeting of the same union and government, it can be decided on this in September.

At present, the fitment factor is being given to the employees under 2.57 percent and it can be increased to 3.68 percent in the coming time. If agreed, then this will increase the basic salary by 8000 and the basic salary will increase from 18000 to 26000 . Last time in 2017 the entry level basic pay was increased from Rs 7000 to Rs 18000 per month. With its implementation, the minimum salary of central employees from Level Matrix 1 will start from Rs 26,000.

For example, at present the fitment factor of central employees is 2.57 times, on this basis the minimum basic salary is Rs 18000 and the maximum basic salary is Rs 56900. If the basic salary of a central employee is Rs 18,000, then his salary excluding allowances will be 18,000 X 2.57 = profit of Rs 46,260. On being 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. Rs 49,420 will be benefited in the salary.

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