8th Pay Commission Latest News: Finance Ministry Secretary TV Somanathan said the Centre has no plans to set up the eighth Pay Commission for 5.4 million central government employees and pensioners.
7th Pay Commission: Dearness allowance was last time hiked by 4 per cent, which became effective from January 1, 2023 and after the 4 per cent hike, the DA was increased to 42 per cent. aaa
7th Pay Commission: Dearness Allowance is decided by the Centre as per the All-India CPI-IW data released by the Labour Bureau under the Ministry of Labour and Employment. aaa
7th Pay Commission: It is expected that in 2024, the Fitment factor will be increased on the basis of 7th pay commission recommendations. However, no official announcement has been made yet. aaa
7th Pay Commission: With the latest hike, the dearness allowance has been enhanced from the existing rate of 38 per cent to 42 per cent of the basic pay, with effect from January 1, 2023. aaa