The Union Cabinet on Tuesday approved the terms of reference for the 8th Pay Commission, which is likely to be introduced next week. While formulating its recommendations, the panel will take into consideration the prevailing economic conditions in the country and the need for fiscal prudence, ANI reported.

How much will allowances, pensions, and other benefits be under the 8th Pay Commission?

As per the reports, the pay matrix under the 8th Pay Commission will be more transparent and uniform in an aim to make salary structures uniform across all government departments. Under the new system, the basic pay of Level 1 employees will be increased from Rs 18,000 to Rs 21,600. At the top tier of the hierarchy, senior officials in Level 18 will also receive an increased basic pay from Rs 2.5 l

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