According to a report by Kotak Institutional Equities, the 8th Central Pay Commission (8th Pay Commission News) is expected to be implemented in late 2026 or early 2027. However, no official announcement has been made by the government in this regard yet.
Central government employees are waiting for when the government will announce the formation of the 8th Pay Commission and then how soon it will implement it. Many agencies have released their reports regarding the 8th Pay Commission. Most of the reports stated that the government can keep the fitment factor between how much to how much. On this basis, the salary will increase. Let us know what is the latest update on the 8th Pay Commission.
When will the 8th Pay Commission be implemented?
Recently, Kotak Institutional Equities released its report regarding the 8th Pay Commission. In this report, it told that the government can implement the 8th Pay Commission in late 2026 or early 2027 (8th Pay Commission implementation date). However, let us tell you that till now the government has not given any information about when the 8th Pay Commission will be implemented.
How much can the salary increase in the 8th Pay Commission?
The 8th Pay Commission will decide the formula for salary hike and will recommend to the government how much should be increased in the salary of central employees and pension of pensioners. But if the reports of different firms received so far are to be believed, then the salary of the employees can increase from 30 percent to 34 percent.
The minimum salary in the 8th Pay Commission can increase from Rs 18 thousand to Rs 30 thousand. However, it will depend on the recommendations of the commission as to how much the minimum salary will be.
How much can be the fitment factor in the 8th Pay Commission
Talking about the fitment factor, Kotak Institutional Equities has estimated it to be 1.8. At the same time, Ambit has estimated it to be from 1.83 to 2.46.
The burden on the government will increase
After the implementation of the 8th Pay Commission, the burden on the government will increase. According to the report, implementation of the 8th Pay Commission may put an additional burden of Rs 2.4 to 3.2 lakh crore on the government.
