7th Pay Commission Salary Hike: Big Boost Coming for Government Employees
The 7th Pay Commission, introduced in 2016, was aimed at revising the salary, allowances, and pensions of over 50 lakh central government employees and around 60 lakh pensioners. Regular revisions in Dearness Allowance (DA) and the fitment factor play a crucial role in boosting take-home pay and maintaining purchasing power amid inflation. As of August … Read more