Bharat Pensioners Samaj

 

  New Delhi: About 36.57 lakh central government employees and 33.91 lakh pensioners are eagerly waiting to hear about the updates on formation of 8th Central Pay Commission which will benefit them financially. The proposed day of implementation is January 1, 2026.  8th Pay Commission: Will Pay Panel Be Set Up This Month (April)? In February this year, Expenditure Secretary Manoj Govil, had in an interview with TOI, had shared updates on formation of the 8th Pay Panel and also the expected economic ramifications.  He told TOI that setting up the 8th Pay Commission might occur in two months, perhaps by April. The draft terms of reference have been sent to the ministries of defense, home affairs, and DoPT for their opinions. The TOR will be framed after their opinions and recommendations are received, and the Cabinet's approval would then be requested, he added.  He clarified the timing when asked about the economic ramifications of the 8th Pay Commission in light of t...

  Revision of rates of Dearness Allowance effective from 01.01.2025 @55% – 2% increase: DoE, FinMin O.M. dated 02.04.2025 No. 1/1(1)/2025-E.II(B) Government of Ind Ministry of Finance Department of Expenditure North Block, New Delhi Dated the 2nd April, 2025 OFFICE MEMORANDUM Subject: Revision of rates of Dearness Allowance to Central Government employees-effective from 01.01.2025. The undersigned is directed to refer to this Department’s Office Memorandum No. 1/5/2024-E.II(B) dated 21st October, 2024 on the subject mentioned above and to say that the President is pleased to decide that the rates of Dearness Allowance payable to Central Government employees, shall be enhanced from  53% to 55% of the Basic Pay with effect from 1st January, 2025 . \ 2. The term Basic Pay in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix as per 7th CPC recommendations accepted by the Government, but does not include any other type of pay like special pay, ...