Category: Personal Finance

8th Pay Commission fitment factor

8th CPC: Neither 2.28, nor 2.86 nor 3 times… Employees’ fitment factor can be only 1.90! Salary will increase by only 18%

8th Pay Commission fitment factor: If we look at the average from the 2nd Pay Commission to the 7th Pay Commission, there has been an increase of 27%. The total salary hike in the 7th Pay Commission was 14.27%. Now that the 8th Pay Commission has been formed, it will be very important to see how much increase the government recommends this time.