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7th Pay Commission: Hike in fitment factor to raise basic salary up to Rs 26,000, check pay band
The government is considering to raise the fitment factor, and it can approve the same soon.
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New salary if fitment factor increased
If the fitment factor is increased to 3.68, then your salary will be Rs 95,680 (26000X3.68 = 95,680).
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Check your pay band
Right now, if your minimum salary is Rs 18,000, then excluding allowances, you will be getting Rs 46,260 (18,000 X 2.57 = 46,260) according to the 2.57 fitment factor.
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Employees demanding increase in fitment factor
The employees are demanding to increase the fitment factor from 2.57 times to 3.68 times. If the fitment factor is increased to 3.68 times, employees minimum basic pay will increase to Rs 26000.
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Minimum basic pay to increase
The minimum basic pay would increase from Rs 18000 to Rs 26000. All allowances will be calculated on the basic pay of Rs 26000.
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Good news for central government employees!
Once the fitment factor is hiked, the salary of central government employees too will increase substantially.