8th Pay Commission salary hike: A 2.0 fitment factor could double basic pay, but your gross salary may rise much less
The 8th Pay Commission has not yet announced a fitment factor, but even a relatively high multiplier such as 2.0 is already being discussed as a possible benchmark for central government employees. At first glance, the number appears straightforward. A 2.0 fitment factor would double an employee’s existing basic pay. But that does not mean…