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8th pay commission approved

8th Pay Commission Formula:

\[ \text{New Basic Pay} = \text{Old Basic Pay} \times \text{Fitment Factor} \]

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1. What is the 8th Pay Commission?

The 8th Central Pay Commission is the proposed salary revision for central government employees in India. It recommends a fitment factor to calculate new basic pay from the old basic pay structure of the 7th Pay Commission.

2. How Does the Calculator Work?

The calculator uses the basic formula:

\[ \text{New Basic Pay} = \text{Old Basic Pay} \times \text{Fitment Factor} \]

Where:

Explanation: The fitment factor is applied uniformly to all pay levels to determine the new basic pay structure.

3. Importance of Basic Pay Calculation

Details: Basic pay forms the foundation for all other salary components like DA, HRA, and allowances. Accurate calculation is crucial for salary restructuring and financial planning.

4. Using the Calculator

Tips: Enter your current basic pay in INR and the expected fitment factor (default is 3.00). The calculator will show your projected new basic pay under the 8th Pay Commission.

5. Frequently Asked Questions (FAQ)

Q1: When will the 8th Pay Commission be implemented?
A: Approved in January 2025 with implementation expected from January 2026.

Q2: What is the expected fitment factor?
A: While not officially confirmed, experts suggest a fitment factor around 3.00.

Q3: Will all employees get the same fitment factor?
A: Yes, the fitment factor is typically uniform across all pay levels.

Q4: How does this affect other allowances?
A: Most allowances (DA, HRA) are calculated as percentages of basic pay, so they will increase proportionally.

Q5: Is this calculator official?
A: This is an estimation tool based on expected parameters. Official calculations may vary.

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