Govt Employees Get a Big Gift, Fitment Factor Will increase By 3 Times
DA Hike Update: The government said that this time the fitment factor of employees will increase by 3 times, which is an important update. Let us know. What will be the benefit from this? But HRA can also increase with Travel Allowance. Apart from this, the biggest update can be found on the fitment factor.
The system has not been changed for many years.
The fitment factor was implemented based on the recommendations of the 7th CPC, which increased the minimum wages of central employees. With the implementation of the fighting factor, the minimum wage of central employees directly increased from Rs 6,000 to Rs 18,000. The fitment factor was 2.57 times. However, as per the recommendations it was requested to keep 3. If it had been 3, the minimum wage would have been Rs 21,000; However, the central employees demanded to keep it as it was, due to which the matter is still pending. The fitment factor has not changed even after many years. But there is good news now.
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estimate of allowances
All allowances including DA, TA, HRA, medical payments are added to the salary of a central employee. After increase in DA, TA is also increased. TA and increased DA are also associated. HRA and medical reimbursement are also prescribed. The monthly CTC of a central employee is determined. When all expenses are calculated.
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Fitment factor may increase
There is good news for central employees. That they can change their fitment factor in the new year. Sources said that the government is ready to appease the employees. This is the reason. That their fitment can be increased from 2.57 times to 3 times. However, today's demand will also be very low. But considering the pay band of the employees, even three times increase would be enough.
Superfast News Coverage By YuvaPatrkaar.com Team
Publish Date: November 19, 2023
Posted By Sunil
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