menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

8th Pay Co...
source image

Bloomberg Quint

22h

read

745

img
dot

Image Credit: Bloomberg Quint

8th Pay Commission: Fitment Factor Range 1.83 To 2.46, Says Brokerage — Check Expected Salary Hike

  • Ambit Capital estimates fitment factor for 8th Pay Commission, with a base salary example.
  • Expected range for fitment factor is 1.83 to 2.46, showing potential salary increase.
  • Previous 7th Pay Commission had a fitment factor of 2.57, presenting historical perspectives.
  • Estimated salary hikes range from 83% to 146% due to fitment factor adjustments.
  • Effective salary hike could be 30-34% with the reset of dearness allowance.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app