Related Quiz

What is the primary function of the fitment factor in the context of salary revisions?
To calculate the Dearness Allowance (DA) for employees.
To determine the eligibility criteria for different pay levels.
To convert the existing basic pay into the new basic pay under a Pay Commission, thus deciding the overall pay jump.
To set the guidelines for HRA and TA allowances.
When is the revised pay and pension announcement expected to be made, according to the passage?
In the first half of 2027.
After the 8th Pay Commission submits its report.
During the festive season of the second half of 2027.
When the government approves the recommendations.
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Which of the following is NOT directly impacted by the fitment factor?
Basic Pay.
House Rent Allowance (HRA).
Total take-home pay.
Income Tax.
What was the fitment factor used in the 7th Pay Commission?
1.83
2.15
2.46
2.57
Who heads the 8th Pay Commission?
The Finance Minister.
Ranjana Prakash Desai.
The Prime Minister.
A committee of experts.
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