बड़ी खबर👉 फैमिली यूनिट और फिटमेंट फैक्टर पर राजी केंद्र सरकार। 8th CPC । family unit । fitment factor
Автор: The Financial Helper
Загружено: 2026-02-13
Просмотров: 47698
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The 8th Central Pay Commission (CPC) has been approved by the Union Cabinet as of January 2026, with an expected implementation date of January 1, 2026. While the 10-year cycle for pay revision is due to begin now, the commission is projected to take 12 to 18 months to finalize its detailed report and recommendations.
Latest Updates (January 2026)
Approval & Status: The Union Cabinet approved the formation of the commission in January 2025. As of late January 2026, employee organizations are actively meeting to draft memorandums for submission to the commission.
Effective Date: Although official salaries have not yet changed, the revision is expected to apply retrospectively from January 1, 2026.
Arrears: Since the final notification may be delayed until 2027 or 2028, employees and pensioners are likely to receive one-time arrear payments covering the period starting from January 1, 2026.
Dearness Allowance (DA) Merger: There is high speculation that the current accumulated DA (projected to reach ~70% by 2026) will be merged with the basic pay, resetting future DA calculations from zero.
Allowances: Recalculations for House Rent Allowance (HRA) and Travel Allowance (TA) will be based on the new, higher basic pay.
Pension Schemes: The commission is expected to review and potentially modify retirement benefits under both the Unified Pension Scheme (UPS) and the National Pension System (NPS).
For official notices and detailed documents, you can monitor updates on the Department of Expenditure (Ministry of Finance) and the National Portal of India.
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#fitment_factor
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The FitmentFactorin salary is a multiplier used to revise the Basic Pay of Central Government employees. It determines the new Basic Pay by adding inflation and increments to the old Basic Pay under the 7th or 8th Pay Commission.
Meaning and Importance of Fitment Factor:
Multiplier for Salary: This is the number by which the existing basic salary is multiplied to determine the new basic salary.
Salary Revision: For example, the fitment factor in the 7th Pay Commission was 2.57
8th Pay Commission: The factor for the 8th Pay Commission is expected to be between 1.83 to 2.46.
Impact: It increases not only the basic pay but also DA and other allowances.
In simple words, it is a measure to fit the old basic pay into the new pay.
Essential pension keywords encompass retirement planning terms like annuity, defined benefit plan, contribution, and superannuation. Key phrases include pension pot, 4% rule, retirement income, pensioner, family pension, 401(k), and NPS (National Pension System). These terms represent funds for individuals no longer working, often provided by employers or governments.
Key Pension Terms & Concepts
Fund/Plan Types: Defined Benefit (DB), Defined Contribution (DC), Individual Pension Plan, National Pension Scheme (NPS).
Income/Payout: Annuity, Lifetime Income, Monthly Income, Drawdown, Lump Sum, Cash Option.
Administration: Contribution, Automatic Enrolment, Employer Match, Pension Fund Management.
Eligibility/Status: Pension Age, Retirement, Pensioner, Superannuation.
Financial Terms: Tax-Saving Investment, Capital Guarantee, Market-Linked Returns, 4% Rule.
Types of Benefits: Family Pension, Compensation Pension, Gratuity, Leave Encashment.
Common Synonyms & Related Terms
Benefits: Retirement Benefits, Fringe Benefits, Perks, Allowance, Grant.
Payment: Contribution, Dividend, Bonus, Gratuity, Subsidy.
#dahike
DA" in salary usually means Dearness Allowance, a cost-of-living adjustment paid to government employees and pensioners in India (and similar allowances elsewhere) to offset inflation, calculated as a percentage of basic salary and revised periodically based on the Consumer Price Index (CPI). Private companies might also offer it.
What it is:
An extra payment to maintain purchasing power as prices rise.
A significant part of Indian government employee salaries.
How it's calculated:
Formula: (Basic Salary × DA Percentage) / 100.
DA Percentage: Determined by government using the Consumer Price Index (CPI).
Key aspects:
Revision: Usually adjusted twice a year (Jan & July) for central government staff.
Types: Industrial DA (IDA) for public sector, Variable DA (VDA).
Taxability: It is fully taxable.
Example:
If Basic Salary = ₹50,000 and DA rate = 35%, then DA = (₹50,000 × 35) / 100 = ₹17,500.
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