The 8th Pay Commission Salary Calculator helps central government employees estimate their revised salaries under the new pay structure. The expected increase in salary is based on the fitment factor, allowances like Dearness Allowance (DA), and other benefits.
8th Pay Commission Salary Calculator
Below is a step-by-step breakdown of how the 8th Pay Commission Salary Calculator works.
Step 1: Calculate New Basic Salary
The fitment factor is a key element in determining salary hikes. It is expected to be 2.86, which means the new basic salary will be:
New Basic Salary = Current Basic Salary × Fitment Factor
For example, if the current basic salary is ₹50,000, the new basic salary will be:
50,000 × 2.86 = ₹1,43,000
Step 2: Calculate Dearness Allowance (DA)
DA is given as a percentage of the basic salary. Under the 8th Pay Commission, DA is expected to be 70% of the new basic salary.
DA = New Basic Salary × (70 / 100)
₹1,43,000 × 0.70 = ₹1,00,100
Step 3: Calculate Other Allowances
Apart from DA, employees receive House Rent Allowance (HRA) and other special allowances. These may vary based on location and job role.
- HRA (27% for Metro Cities):
HRA = New Basic Salary × (27 / 100)
₹1,43,000 × 0.27 = ₹38,610
- Transport Allowance (Fixed for Different Cities):
For metro cities, the Transport Allowance is ₹7,200 per month.
Step 4: Calculate Gross Salary
The gross salary is the sum of the new basic salary, DA, HRA, and transport allowance:
Gross Salary = New Basic Salary + DA + HRA + Transport Allowance
₹1,43,000 + ₹1,00,100 + ₹38,610 + ₹7,200 = ₹2,88,910
Thus, the estimated gross salary for an employee with a current basic salary of ₹50,000 will increase to approximately ₹2,88,910 under the 8th Pay Commission.
Comparison of Current and Expected Salary Under 8th Pay Commission
Salary Components | 7th Pay Commission (₹) | 8th Pay Commission (₹) |
---|---|---|
Basic Salary | 50,000 | 1,43,000 |
Dearness Allowance (DA) | 21,500 (43%) | 1,00,100 (70%) |
House Rent Allowance (HRA) | 13,500 (27%) | 38,610 (27%) |
Transport Allowance | 3,600 | 7,200 |
Gross Salary | 88,600 | 2,88,910 |
This table shows a significant increase in gross salary after implementing the 8th Pay Commission, with employees receiving more than three times their current basic salary.
Impact of Different Budget Allocations
The salary increase will also depend on the budget allocation by the government. Here’s how the salary might vary based on different budget scenarios:
Budget Allocation (₹ Crore) | Expected Salary Increase (₹ per Month) |
---|---|
1.75 Lakh Crore | ₹1,14,600 |
2.00 Lakh Crore | ₹1,16,700 |
2.25 Lakh Crore | ₹1,18,800 |
These estimates suggest that if the government allocates a higher budget for salary revisions, employees will receive greater benefits.
Conclusion
The 8th Pay Commission Salary Calculator provides a clear picture of expected salary increases based on the fitment factor, allowances, and government budget allocations. Employees can expect a 40-50% increase in their basic salary along with higher allowances, making this pay revision one of the most significant in recent years. While the exact figures will be confirmed once the government finalizes the pay structure, early calculations indicate a substantial boost in income for central government employees and pensioners.