Illustrative calculations show how a 2.5x fitment factor could lift basic pay to over Rs 3 lakh, even as the Centre weighs fiscal implications.
The 8th Pay Commission discussions indicate a potential significant increase in basic salaries. Illustrative calculations suggest a 2.5x fitment factor could lift basic pay to over Rs 3 lakh for Level 1-13 employees. The Centre is currently evaluating the fiscal implications of…
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