How much salary will increase in 8th Pay Commission? Here’s the full update

Kotak Institutional Equities released its report regarding the 8th Pay Commission. In this report, it is said that the Government could implement 8th Pay Commission in late 2026 or early 2027.

New Delhi: Central Government employees are eagerly waiting for the announcement of formation of 8th Pay Commission and then how soon it will be implemented. Several agencies have released their reports regarding the 8th Pay Commission. Most of the reports stated that the Government can keep the fitment factor between how much and how much. The salary will be increased on this basis.

Let's find out what is the latest update on the 8th Pay Commission.

When 8th Pay Commission To Be Implemented?

Recently, Kotak Institutional Equities released its report regarding the 8th Pay Commission. In this report, it is said that the Government could implement 8th Pay Commission in late 2026 or early 2027.

However, let us tell you that till now no information has been given by the Government about when the 8th Pay Commission will be implemented.

How Much Salary Will Increase In 8th Pay Commission?

The 8th Pay Commission will decide the formula for salary hikes and will recommend to the Government how much should be increased in the salary of central employees and the pension of pensioners. But if the reports of different firms received so far are to be believed, the salary of employees could increase from 30 percent to 34 percent. The minimum salary in the 8th Pay Commission can increase from Rs 18 thousand to Rs 30 thousand. However, it will depend on the recommendations of the commission as to what the minimum salary will be.

How Much Fitment Factor In 8th Pay?

Commission Kotak Institutional Equities is estimated to be 1.8. At the same time, Ambit has estimated it to be from 1.83 to 2.46. Government Burden Will Increase After the implementation of the 8th Pay Commission, the burden on the Government will increase.

According to the report, implementation of the 8th Pay Commission may put an additional burden of Rs 2.4 to 3.2 lakh crore on the Government.

Benefit To Economy

It is believed that the Eighth Pay Commission will prove beneficial not only for the employees but also for the Indian economy. With the increase in salary, people will spend more on consumption, which will boost the pace of economic development.