Bank employees’ take-home pay is set to rise slightly after the government increased Dearness Allowance effective May 1, 2026. DA has been revised to 25.70%, up 0.70 percentage points from 25% in the previous quarter. The change will impact salaries across different stages, scales, and basic pay, with adjustments applicable for the May–July period.
The 8th Pay Commission is holding a high-level meeting in New Delhi to shape a major salary overhaul for central government employees. Union groups are pressing for a fitment factor up to 4.0 and a minimum basic pay of Rs 72,000. More than 1.1 crore employees and pensioners are awaiting key recommendations after today’s discussions begin a three-day consultation process.
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The Bharatiya Pratiraksha Mazdoor Sangh (BPMS) has tabled bold proposals for the 8th Pay Commission, seeking a minimum basic pay of Rs 72,000 and a fitment factor of 4.0. It also wants annual increments to rise from 3% to 6% and salary calculations to cover five family units, arguing for a major upgrade in pay structure.
NC-JCM is pushing for a major change under the 8th Pay Commission, arguing that minimum basic pay should rise dramatically from Rs 18,000 to Rs 69,000. The draft uses a “minimum pay” approach based on monthly food basket rates—covering protein, dairy, fruits, vegetables and daily essentials—and also wants calculations expanded to five family units instead of three.
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