<ul><li>Anticipation grows for the formal setup of 8th Pay Commission, focusing on fitment factor and revision of central government employees' salaries and retirees' pensions.</li><li>In the best-case scenario, if the 8th Pay Commission repeats a fitment factor of 2.57, salaries under Pay Band 1 may see significant increases.</li><li>Entry-level salaries in different levels of Pay Band 1 could rise substantially, with Level 5 starting at Rs 75,044 if the fitment factor is 2.57.</li><li>The 8th Pay Commission's setup is awaited after government approval, with historical timelines indicating an 18-month period for the panel to submit its report for implementation.</li></ul>

8th Pay Commission: Rs 46,000 Minimum Wage? How Salaries May Rise In Pay Band 1 In Best Case Scenario

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