8th Pay Commission: Central govt employees’ DA may be reset to ZERO from this date! Know why

8th Pay Commission News: Ever since the Modi government announced its decision to set up the 8th Pay Commission, there have been all sorts of speculations among central government employees and pensioners about possible salary and pension hikes, the dates when the panel’s recommendations would be implemented, and other measures that the commission might recommend to enhance welfare for over 1.2 crore serving employees and retirees.

After receiving several representations from employee bodies and holding multiple meetings with trade unions, the Centre last week announced the 8th Pay Commission. The commission will be tasked with deciding on necessary adjustments to salaries and other perks for around 50 lakh central government employees and about 67 lakh pensioners.

Now, all eyes are on the next announcement regarding who will head the 8th Pay Commission and who the other two members will be.

Announcing the Cabinet’s decision last week, Union Minister Ashwini Vaishnaw said that the decision to set up the 8th Pay Commission was taken well in advance, as the implementation of the next commission’s recommendations is due next year. Speaking about the next steps, the minister said the government will soon appoint the chairman and two members of the panel.

Also read: Unified Pension Scheme: What will be the minimum pension of a central govt employee under UPS after 8th Pay Commission?

It remains to be seen when the government will appoint this panel, finalise its report, and provide it to the government. The panel will consult with various stakeholders, including the Centre and states. Once the panel’s recommendations are received, the Centre will announce their implementation, resulting in changes to the salaries and pensions of over 1 crore employees and pensioners.

Central govt employees’ DA likely to be reset to ZERO in January 2026

The big question on the minds of employees and pensioners is when the dearness allowance (DA) will be merged into the basic pay and reset to zero. If the recommendations are received and implemented before January 2026, the existing DA at that time will likely be merged into the basic pay, and the new DA will start afresh.

At present, the DA stands at 53%, with two more hikes expected—one in January 2025 and another in July 2025. As the next Pay Commission tenure will begin in January 2026,

 » Read More

Related Articles

Investing in the US market? Know benefits, tax rules and challenges!

Donald Trump taking the oath as the US President for the second time saw US markets soar. The entire world watched closely how Trump might shape his possible economic policies. There were concerns that if Trump implemented his protectionist policies, as widely anticipated by experts, it could impact the global economy and markets adversely, though

HUL acquires premium beauty brand, Minimalist

Hindustan Unilever has bought 90% stake in Minimalist for an enterprise value of Rs 2,955 crore. This premium beauty brand, found in in 2020 by Mohit Yadav and Rahul Yadav has an annual revenue run rate of over Rs 500 crore and the business has been profitable since inception. HUL also plans to will acquire

Introducing BATMMAAN stocks: A lucrative way to tap US markets?

By Shanthi Rexaline A new grouping of stocks dubbed ‘BATMMAAN’ that promises above-market returns has taken Wall Street by storm. These stocks, all from the high-flying tech sector, have fueled the U.S. bull market since October 2022. Meanwhile, India’s market has enjoyed an even longer bull run, with key indices trending upward since the onset

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Investing in the US market? Know benefits, tax rules and challenges!

Donald Trump taking the oath as the US President for the second time saw US markets soar. The entire world watched closely how Trump might shape his possible economic policies. There were concerns that if Trump implemented his protectionist policies, as widely anticipated by experts, it could impact the global economy and markets adversely, though

HUL acquires premium beauty brand, Minimalist

Hindustan Unilever has bought 90% stake in Minimalist for an enterprise value of Rs 2,955 crore. This premium beauty brand, found in in 2020 by Mohit Yadav and Rahul Yadav has an annual revenue run rate of over Rs 500 crore and the business has been profitable since inception. HUL also plans to will acquire

Introducing BATMMAAN stocks: A lucrative way to tap US markets?

By Shanthi Rexaline A new grouping of stocks dubbed ‘BATMMAAN’ that promises above-market returns has taken Wall Street by storm. These stocks, all from the high-flying tech sector, have fueled the U.S. bull market since October 2022. Meanwhile, India’s market has enjoyed an even longer bull run, with key indices trending upward since the onset

8th Pay Commission: Central govt employees’ DA may be reset to ZERO from this date! Know why

8th Pay Commission News: Ever since the Modi government announced its decision to set up the 8th Pay Commission, there have been all sorts of speculations among central government employees and pensioners about possible salary and pension hikes, the dates when the panel’s recommendations would be implemented, and other measures that the commission might recommend

HUL demerges ice-cream business: Here are 4 things that shareholders need to know

Hindustan Unilever (HUL) has demerged its ice cream business through a scheme of arrangement approved by the Board on January 22. The FMCG major announced the demerger while reporting its quarterly results for the third quarter of FY25. The company will list Kwality Walls (India) separately, which it incorporated on January 10, 2025.  HUL demerger