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7th Pay Commission: Fitment factor will increase in July! Basic salary will increase by Rs 8,000, know update here

7th Pay Commission: Next month the central government can decide on the fitment factor. According to media reports, the government is considering increasing the fitment factor in July. If this happens, then the basic salary of central employees will directly increase by Rs 8,000.

7th Pay Commission: Next month the central government can decide on the fitment factor. According to media reports, the government is considering increasing the fitment factor in July. If this happens, there will be a direct increase of Rs 8,000 in the basic salary of central employees. Due to revision in the fitment factor of central employees in July, the basic salary will increase from Rs 18,000 to Rs 26,000. Government employees have also been demanding from the government for a long time to increase the fitment factor.

soon there will be revision in fitment factor

At present the fitment factor of government employees is 2.57 per cent. If the fitment factor is increased to 3.68, then the basic salary of the employees will be Rs 26,000. Now if your minimum salary is Rs 18,000, then excluding allowance you will get Rs 46,260 (18,000 X 2.57 = 46,260) according to 2.57 fitment factor. Now if the fitment factor is 3.68 then your salary will be Rs 95,680 (26000X3.68 = 95,680).

Employees have been demanding to increase the fitment factor for a long time

Government employees are continuously demanding to increase the fitment factor. With the increase in fitment factor, his basic salary will increase from Rs 18,000 to Rs 26,000. The salary of karchmaris will directly increase by Rs 8,000. With the increase in the basic salary, the allowances related to it like Dearness Allowance (DA), House Rent Allowance etc. will also increase because these are also available only on the basic salary.

DA will increase in July

The month of July may bring good news for the Central Government employees, as the Dearness Allowance (DA) may increase by 3 to 4 per cent. The government is considering increasing the DA to a modest 46 per cent from the current level of 45 per cent. If this decision is implemented then naturally there will be an increase in the salary of the employees.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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