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		<title>July 2026 Corporate World: Threat of retrenchment or arrival of promotion? Know your job future from Indian horoscope</title>
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		<pubDate>Wed, 01 Jul 2026 13:45:32 +0000</pubDate>
				<category><![CDATA[Astro]]></category>
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		<category><![CDATA[AI and jobs]]></category>
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					<description><![CDATA[<p>July 2026 Corporate World: Are there going to be massive layoffs in the Indian corporate...</p>
<p>The post <a href="https://fastnewsglobe.com/july-2026-corporate-world-threat-of-retrenchment-or-arrival-of-promotion-know-your-job-future-from-indian-horoscope/">July 2026 Corporate World: Threat of retrenchment or arrival of promotion? Know your job future from Indian horoscope</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;"><strong>July 2026 Corporate World:</strong> Are there going to be massive layoffs in the Indian corporate world in July 2026 or will employees get a huge salary hike in the mid-year performance review? Where is your career going to take this month amidst the increasing AI transformation, automation and changing hiring trends globally?</p>
<p style="text-align: justify;">When market uncertainty and economic pressures increase, people often start relying only on hearsay. But if we combine the real commercial trends of the corporate world and the deep financial equations of India&#8217;s horoscope, then the entire scenario of July 2026 becomes very clear.</p>
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<p style="text-align: justify;">This month of July can prove to be decisive in the career direction for lakhs of professionals working in the corporate world. On one hand, companies around the world will be busy finalizing their Q1 results, upskilling and appraisal cycles, on the other hand, there is going to be a planetary movement in the horoscope of India which can directly affect your workplace, leadership and employment.</p>
<h3 style="text-align: justify;">&#8216;Re-evaluation&#8217; of corporate arrangements</h3>
<p style="text-align: justify;">At present, the influence of Mars Mahadasha is going on in the independence horoscope of India. The time of July 2026 comes under this Mahadasha. In the horoscope, Mars is situated in the Ardra Nakshatra of Gemini in the second house.</p>
<p style="text-align: justify;">The second house represents the national treasury, financial resources, revenue, speech and economic stability. In such a situation, topics related to financial policies, revenue management, corporate investment and economic decisions may remain more prominent during this period.</p>
<p style="text-align: justify;">According to the rules of Vedic and Maidani astrology, when an aggressive planet like Mars in the fiscal house comes in contact with a technical and uncertain antardasha like Rahu, then major policy changes are seen in the corporate world.</p>
<p style="text-align: justify;"><img decoding="async" loading="lazy" style="display: block; margin-left: auto; margin-right: auto;" src="https://feeds.abplive.com/onecms/images/uploaded-images/2026/07/01/b69ce3fe58602cd0df00980a351492f71782904082258257_original.png" alt="July 2026 Corporate World: Threat of retrenchment or arrival of promotion? Know your job future from Indian horoscope"/></p>
<p style="text-align: justify;">According to Medini Tajik Horoscope (2026), this year indicates opportunities as well as tough competition for the corporate sector. The influence of Varshesh and Munthesh may increase cost pressures, operational challenges and internal management complexities.</p>
<p style="text-align: justify;">Topics such as cyber security, data management and vendor risk may become more important, especially for IT, digital and data-based companies. However, actual business results will also depend on the company&#8217;s strategy, market conditions and global economic conditions.</p>
<p style="text-align: justify;">The direct result of this in terms of corporate system is that companies start doing an in-depth review (Audit &#038; Re-evaluation) of their old systems, data protection and expenses. This pattern is clearly visible in the global economic crisis currently going on on the ground and domestic corporate policies.</p>
<h3 style="text-align: justify;">Where will opportunities increase and where will pressure remain?</h3>
<p style="text-align: justify;"><strong>1. IT, AI and FinTech sector</strong></p>
<p style="text-align: justify;">The demand for AI Adoption and digital transformation is continuously creating records at the global level. India is currently emerging as the largest hub of Global Inhouse Centers (India GCC Boom). From an astrological point of view, Rahu is directly related to modern technology, AI and coding.</p>
<p style="text-align: justify;">In Tajik horoscope 2026, Muntha is situated in the fifth house (Sagittarius), which is considered the house of intelligence, higher education, innovation, strategy and decision-making ability. This situation indicates that knowledge-based sectors, technological innovation and skill development may gain importance.</p>
<p style="text-align: justify;">In such a situation, the possibility of new opportunities may increase for those professionals who are adopting new technologies, updating themselves with reskilling and AI based methodologies.</p>
<p style="text-align: justify;">At the same time, conditions for new partnerships, projects or global business opportunities can also be created for IT, digital, fintech and technology based companies. However, actual results will also depend on the companies&#8217; business strategy, global demand and market conditions.</p>
<p style="text-align: justify;"><strong>2. Startup Eco-system and Venture Capital</strong></p>
<p style="text-align: justify;">Indian startups are currently focusing heavily on semiconductor investments and deep-tech. However, due to Mars-Rahu antardasha, there will be pressure on financial liquidity. This means that startups that are solely focused on reducing burn-rate and profitability will remain stable, but new ventures without a solid business model may face a severe shortage of funding. In terms of hiring, there will be a trend of very selective hiring.</p>
<p style="text-align: justify;"><strong>3. Manufacturing &#038; Automobile</strong></p>
<p style="text-align: justify;">Globally, due to the US-Iran war, there is constant uncertainty in crude oil prices, due to which energy and logistics costs are increasing. This is having a direct impact on India&#8217;s manufacturing, auto and FMCG sectors.</p>
<p style="text-align: justify;">Due to rising prices of raw materials, pressure can be seen on the profit margins of companies. There are indications that operations and supply chain professionals working in this sector will be under immense pressure to increase efficiency and maintain KPIs in the month of July.</p>
<p style="text-align: justify;"><strong>4. Banking and Financial Services (BFSI)</strong></p>
<p style="text-align: justify;">According to the data of May-June 2026, retail inflation remains around 3.9% and food inflation around 4.8%. Amidst this economic pressure, strict credit risk assessment is being implemented in the banking and financial sector. This month is going to be very busy for banking professionals in terms of account audit, NPA management and performance review.</p>
<h3 style="text-align: justify;">Workplace Life: Appraisals, Salary Hikes and Corporate Politics</h3>
<p style="text-align: justify;"><strong>Salary hike and direction of promotion</strong></p>
<p style="text-align: justify;">In the second half of July, especially on July 16, when the Sun will transit over India&#8217;s birth sign (Cancer), the pending files related to leadership and appraisal cycles in the corporate world may suddenly gain momentum.</p>
<p style="text-align: justify;">Sun is the factor of royalty and high officials. If your performance review has been excellent, then after this period there is a possibility of a big and positive announcement from the management regarding your promotion or salary hike.</p>
<p style="text-align: justify;"><strong>Work pressure and corporate politics</strong></p>
<p style="text-align: justify;">Due to Mars-Rahu antardasha of the second house, the workplace environment may remain a bit challenging. The second house controls our speech and communication style. Due to communication gap with colleagues or seniors at the workplace, there are chances of differences or misunderstandings arising on small matters. This month, some professionals may find themselves under stress due to internal politics.</p>
<h3 style="text-align: justify;">5 big transits of July: A game of timing for corporate professionals</h3>
<p style="text-align: justify;">The antardasha of Mars-Rahu creates a larger framework, but the exact dates within the month are determined by the transit. It is very important to understand these 5 major changes of July based on the ascendant (Taurus) and zodiac sign (Cancer) of the Indian horoscope-</p>
<p style="text-align: justify;"><strong>  4th July Venus enters Leo</strong></p>
<p style="text-align: justify;">Leo is the fourth house from the ascendant which shows public sentiments and big institutions. Venus is the factor of luxury, branding and big investments in the corporate world. Its arrival here indicates a sudden increase in commercial activity in luxury goods, real estate and media companies.</p>
<p style="text-align: justify;"><strong>July 7: Mercury retrograde enters Gemini</strong></p>
<p style="text-align: justify;">Mercury is the lord of communication, data, accounts and corporate agreements. The reverse movement of Mercury (retrograde position) between July 7 and 24 warns that the possibility of data mismanagement, cyber attacks or technical glitches in the servers may increase in companies. It will be necessary to double-check before responding to any new contract or email.</p>
<p style="text-align: justify;"><strong>16 July Sun&#8217;s transit into Cancer</strong></p>
<p style="text-align: justify;">This transit of Sun will happen directly on the birth sign of the country. With its effect, big and tough decisions can be taken by the top management (CEO/HR Levels) of companies. Your performance at work will be directly monitored by higher authorities, which can become a big turning point for your career.</p>
<p style="text-align: justify;"><strong>24th July: Mercury turns direct in Gemini.</strong></p>
<p style="text-align: justify;">With Mercury moving direct, clarity will start coming in disputes related to examinations, audits and data. If any of your interview or job change matters were stuck, then after July 24, conditions will be created for a final decision in it.</p>
<p style="text-align: justify;"><strong>Saturn retrograde in Pisces on 27th July</strong></p>
<p style="text-align: justify;">Pisces is the eleventh house from the ascendant (Parliament, large organizations, and corporate networking). Saturn retrograde slows down the processes a bit. In the last week of the month, there may be some delay in corporate networking or any major diplomatic agreement, due to which there will be a need to re-examine your old strategies.</p>
<h3 style="text-align: justify;">Basic mantra to be successful in July 2026</h3>
<p style="text-align: justify;">This antardasha of Mars-Rahu and the ground corporate conditions of July both prove the same thing, this is not the time to sit with closed eyes, but to continuously upgrade yourself. Those professionals who keep these three things in mind this month will overcome every crisis-</p>
<p style="text-align: justify;"><strong>Strict control over speech and anger</strong></p>
<p style="text-align: justify;">In any meeting held at work, keep your language very professional and restrained. Any wrong statement given in haste can damage your reputation.</p>
<p style="text-align: justify;"><strong>Focus on Upskilling</strong></p>
<p style="text-align: justify;">If you are in IT, banking or tech sector, do not hesitate to learn new technologies (AI/Automation). Muntha of the fifth house clearly shows that your intelligence is your biggest security this month.</p>
<p style="text-align: justify;"><strong>Be alert about data security</strong></p>
<p style="text-align: justify;">Especially between July 7 and 24, check the facts carefully before sending any big financial transaction or important email.</p>
<p style="text-align: justify;">This month of July 2026 is a great and open opportunity for corporate professionals to attack and prove their worth. Success will depend only on how much you are able to focus on your skills and performance while keeping yourself away from the internal politics of the workplace. A wise decision taken at the right time can take your career to a new height.</p>
<p style="text-align: justify;"><strong>Also read- 3 luckiest zodiac signs of July 2026, everything will change from career to bank balance.</strong></p>
<p style="text-align: justify;"><strong>Disclaimer: The information provided here is based only on assumptions and information. It is important to mention here that ABPLive.com does not endorse or confirm any information. Before implementing any information or belief, consult the concerned expert.</strong></p>
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<p><a href="https://www.abplive.com/astro/july-2026-job-prediction-ai-layoff-salary-hike-promotion-corporate-sector-3153493" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/july-2026-corporate-world-threat-of-retrenchment-or-arrival-of-promotion-know-your-job-future-from-indian-horoscope/">July 2026 Corporate World: Threat of retrenchment or arrival of promotion? Know your job future from Indian horoscope</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>8th Pay Commission: Latest update on fitment factor, minimum basic salary expected to jump from 92% to 283%</title>
		<link>https://fastnewsglobe.com/8th-pay-commission-latest-update-on-fitment-factor-minimum-basic-salary-expected-to-jump-from-92-to-283/</link>
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		<pubDate>Mon, 08 Jun 2026 13:14:57 +0000</pubDate>
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					<description><![CDATA[<p>8th Pay Commission: There has been a continuous stir for the last several days regarding...</p>
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										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;"><strong>8th Pay Commission:</strong> There has been a continuous stir for the last several days regarding the Eighth Pay Commission. After continuous rounds of meetings, their demands are being asked from the employee organizations. For which after all the praise was on 31st May. Now recently once again the last date for this has been changed. Now employees can send their suggestions, memorandum and demands till June 15, 2026.</p>
<p style="text-align: justify;"><strong>Update on fitment factor</strong><br />At present, the most discussed thing is the fitment factor, because on the basis of this the new basic salary of the employees will be decided. Fitment factor is a multiplier by which the existing basic salary is converted into the new basic salary.</p>
<p style="text-align: justify;"><strong>Also read: LPG Price Hike: LPG gas cylinder will become more expensive, Central Government made it clear, also gave the reason.</strong></p>
<p style="text-align: justify;"><strong>Demands of 8th Pay Commission</strong><br />The government has not yet declared any official fitment factor for the 8th Pay Commission. However, employee organizations, pensioners&#8217; groups and experts have put forward their demands before the government. At present, proposals ranging from 1.92 to 3.83 have come forward regarding fitment factor. It is clear from this that the expectations of the employees are very high, while the government will also have to keep in mind the financial burden.</p>
<ul>
<li style="text-align: justify;">The staff side of the National Council of Joint Consultative Machinery (JCM) has demanded a fitment factor of 3.83, which is one of the biggest demands so far.</li>
<li style="text-align: justify;">National Pensioners Organization (NPO) has suggested a fitment factor of 3.25 and Indian Trade Union Congress (ITUC) has suggested 3.0.</li>
<li style="text-align: justify;">Many employee organizations of Jammu and Kashmir have demanded fitment factor between 2.86 to 3.68.</li>
<li style="text-align: justify;">On the other hand, former Finance Secretary Subhash Chandra Garg believes that the government can ultimately approve 1.92 fitment factor.</li>
</ul>
<p style="text-align: justify;"><strong>Also read: Rajesh Exports: Shares of Rajesh Exports fell for the third consecutive day amid allegations of embezzlement and rigging, the company may also be removed from PLI scheme.</strong></p>
<p style="text-align: justify;">That is, at present there are different demands from different parties, but the final decision will be taken only after the recommendations of the government and the 8th Pay Commission.</p>
<p style="text-align: justify;">If the views of these organizations are accepted then how much will the salary of the employees getting minimum salary of Rs 18000 increase, let us know.</p>
<table style="border-collapse: collapse; width: 66.8394%; height: 132px;" border="1">
<tbody>
<tr style="height: 22px;">
<td style="width: 50%; text-align: center; height: 22px;"><strong>fitment factor</strong></td>
<td style="width: 50%; text-align: center; height: 22px;"><strong>Possible new basic salary</strong></td>
</tr>
<tr style="height: 22px;">
<td style="width: 50%; text-align: center; height: 22px;">1.92</td>
<td style="width: 50%; text-align: center; height: 22px;">Rs 34,560</td>
</tr>
<tr style="height: 22px;">
<td style="width: 50%; text-align: center; height: 22px;">2.57</td>
<td style="width: 50%; text-align: center; height: 22px;">Rs 46,260</td>
</tr>
<tr style="height: 22px;">
<td style="width: 50%; text-align: center; height: 22px;">3.00</td>
<td style="width: 50%; text-align: center; height: 22px;">Rs 54,000</td>
</tr>
<tr style="height: 22px;">
<td style="width: 50%; text-align: center; height: 22px;">3.25</td>
<td style="width: 50%; text-align: center; height: 22px;">Rs 58,500</td>
</tr>
<tr style="height: 22px;">
<td style="width: 50%; text-align: center; height: 22px;">3.83</td>
<td style="width: 50%; text-align: center; height: 22px;">Rs 68,940</td>
</tr>
</tbody>
</table>
<p style="text-align: justify;">This means that the minimum basic salary may increase by 92% to 283%. Which may also affect the pay matrix and allowances. The 8th Pay Commission can bring a new structure by changing the existing pay matrix. There will be an equal increase in the basic salary of all pay levels.</p>
<p style="text-align: justify;"><strong>When will the 8th Pay Commission be implemented?</strong><br />Let us tell you that the Central Government had announced the 8th Pay Commission on 17 January 2025. It has been considered effective from January 1, 2026. However, the commission has got 18 months to submit its report. Therefore the report is expected to come by mid-2027. After this, after getting the approval of the Union Cabinet, the benefit of actual salary increase can be available in mid-2027 or early 2028.</p>
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		<title>Did April&#8217;s salary increase without appraisal, know how the money increased compared to March?</title>
		<link>https://fastnewsglobe.com/did-aprils-salary-increase-without-appraisal-know-how-the-money-increased-compared-to-march/</link>
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		<pubDate>Sat, 02 May 2026 10:04:29 +0000</pubDate>
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<p> <span>Show Quick Read</span> </p>
<p>Key points generated by AI, verified by newsroom</p>
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<li property="itemListElement" data-text="सैलरी स्लिप देखकर बढ़ी हुई राशि का कारण जानें।">Know the reason for the increased amount by looking at the salary slip.</li>
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<p style="text-align: justify;"><strong>Salary Hike Alert:</strong> A middle class person works hard day and night to fulfill his family and his needs. After working throughout the year, employed people eagerly wait for the month of April. If you work, then you must be aware that there is an expectation of increment and appraisal this month, but if your appraisal has not been done this time and still your salary has come in your bank account more than in March, then there is no need to panic. </p>
<p style="text-align: justify;">This may not be due to any technical error, but may be a change related to tax rules and investment declaration. If we talk about salary, this year there is an increase of Rs 500 to Rs 2000 in the in-hand salary of many employees.</p>
<p style="text-align: justify;"><strong>Also read: If a fire breaks out in a flat, who will pay the compensation? Insurance company, RWA or builder&#8230; know your rights now</strong></p>
<p style="text-align: justify;"><strong>Why did your salary increase?</strong></p>
<p style="text-align: justify;">There are 3 big reasons behind increasing your salary like&#8230;</p>
<p style="text-align: justify;"><strong>1. Impact of the new tax regime</strong></p>
<p style="text-align: justify;">If you have chosen the New Tax Regime for the financial year 2026-27, then it can have a direct impact on your take home salary. The government has made some changes in the tax slab and standard deduction, due to which TDS deduction may reduce and the salary in hand increases. </p>
<p style="text-align: justify;"><strong>2. Filling investment declaration</strong></p>
<p style="text-align: justify;">April marks the beginning of the new financial year. During this time, employees fill their investment declaration on the company portal. Get involved in this.</p>
<ul style="text-align: justify;">
<li>80C investment</li>
<li>HRA</li>
<li>insurance</li>
<li>Other tax saving options</li>
</ul>
<p style="text-align: justify;">If you have filed the correct declaration on time, then the company deducts tax accordingly. This can increase your net salary.</p>
<p style="text-align: justify;"><strong>3. Changes in PF and other deductions</strong></p>
<p style="text-align: justify;">What happens sometimes is that even small changes in salary structure or PF deduction affect the net pay.<br />Suppose if your gross salary is Rs 50 thousand and TDS deduction is reduced by Rs 500, then your in-hand salary will appear increased by the same amount.</p>
<p style="text-align: justify;"><strong>Know how to check?</strong></p>
<p style="text-align: justify;">If you want to know why your salary has increased, then you can compare your salary slip of March 2026 and April 2026. With this you will know the reason behind the increased salary. </p>
<p style="text-align: justify;"><strong>Especially look at these things like&#8230;</strong></p>
<ul style="text-align: justify;">
<li>TDS deduction</li>
<li>PF deduction</li>
<li>tax regime</li>
<li>on the net</li>
</ul>
<p style="text-align: justify;"><strong>What do experts say?</strong></p>
<p style="text-align: justify;">If there is a huge difference in your salary then definitely talk to your HR or Payroll team. Make sure you choose the right tax regime, so that you don&#8217;t have to pay unexpected higher taxes at the end of the year.</p>
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		<title>Mathematics of 8th Pay Commission: After implementation, &#8216;take-home&#8217; salary will be strong, big update on dearness allowance</title>
		<link>https://fastnewsglobe.com/mathematics-of-8th-pay-commission-after-implementation-take-home-salary-will-be-strong-big-update-on-dearness-allowance/</link>
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		<pubDate>Tue, 14 Apr 2026 04:20:32 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[8th Pay Commission]]></category>
		<category><![CDATA[8th Pay Commission latest]]></category>
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		<category><![CDATA[eighth pay scale]]></category>
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		<category><![CDATA[Salary Hike]]></category>
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		<category><![CDATA[When will the eighth pay scale be implemented?]]></category>
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					<description><![CDATA[<p>8th Pay commission: Central government employees and pensioners are currently waiting for the announcement of...</p>
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<p style="text-align: justify;"><strong>8th Pay commission:</strong> Central government employees and pensioners are currently waiting for the announcement of their eighth pay scale. It is expected that the 8th Pay Commission will bring big relief for them. If this is implemented soon, we may see a significant increase in the &#8216;take-home&#8217; salary of the employees. Here we explain to you a little mathematics related to this.</p>
<p style="text-align: justify;"><strong>How much can the salary increase?</strong><br />According to experts, the fitment factor can be increased from 2.57 to 3.5 or more in the 8th Pay Commission. The increase in fitment factor has a direct impact on the basic salary. For example, if the minimum basic salary of an employee is Rs 18 thousand, then depending on the new fitment factor it can increase to around Rs 25 thousand to Rs 30 thousand. This will significantly increase the total salary you take home.</p>
<p style="text-align: justify;"><strong>&#8216;Take-home&#8217; salary formula</strong><br /><strong>Revised Basic Pay= Basic Pay*Fitment Factor</strong></p>
<p style="text-align: justify;"><strong>Impact on take-home salary</strong></p>
<p style="text-align: justify;">With increase in basic salary, dearness allowance (DA) will also increase.<br />House rent allowance (HRA) and other allowances will also increase.<br />Due to increase in total gross salary, in-hand salary will be higher.</p>
<p style="text-align: justify;">However, in some cases, the increase in PF and other deductions may initially make a slight difference in the take-home, but the overall benefit will be more.</p>
<p style="text-align: justify;"><strong>What is included in &#8216;take-home&#8217; salary?</strong><br />Your monthly salary includes not only basic but also many other allowances. Let us tell.</p>
<p style="text-align: justify;"><strong>Basic Pay:</strong> about 51.5%<br /><strong>Dearness Allowance (DA):</strong> about 30.9%<br /><strong>HRA:</strong> about 15.4%<br /><strong>Transport Allowance:</strong> about 2.2%</p>
<p style="text-align: justify;">Let us tell you that DA is reset initially, so even if there is an increase in basic salary in your first pay slip under the new commission, there will not be much increase.</p>
<p style="text-align: justify;">Let us tell you that this time there has been a delay in the announcement of the 8th pay scale. Due to which there is a lot of commotion among the employees. The announcement which is due by the end of March has not been made yet. In such a situation, there is a dilemma among the working class. However, it is expected that it will be announced soon.</p>
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		<title>TCS employees may get &#8216;double-digit&#8217; salary increment this year</title>
		<link>https://fastnewsglobe.com/tcs-employees-may-get-double-digit-salary-increment-this-year/</link>
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		<pubDate>Sat, 11 Apr 2026 22:46:28 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Salary Hike]]></category>
		<category><![CDATA[Salary hike of TCS employees]]></category>
		<category><![CDATA[Salary of TCS employees increased]]></category>
		<category><![CDATA[tcs]]></category>
		<category><![CDATA[TCS Branches]]></category>
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		<category><![CDATA[TCS Increment]]></category>
		<category><![CDATA[Tcs news]]></category>
		<category><![CDATA[TCS Q4 Results]]></category>
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					<description><![CDATA[<p>The effect of the ongoing war in the Middle East is being seen everywhere. Due...</p>
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<p style="text-align: justify;">The effect of the ongoing war in the Middle East is being seen everywhere. Due to which recession is being seen all over the world. Meanwhile, the country&#8217;s largest IT company TCS (Tata Consultancy Services) has decided to give a big gift to its employees. The company has recently announced that it is going to increase the salary of its employees. That means this time the company is going to give &#8216;double digit&#8217; increment to its employees.</p>
<p style="text-align: justify;"><strong>Employees got increment</strong><br />TCS has recently announced that it will increase the salaries of its employees across all job roles and grades. This increment will be applicable from April 1, 2026. This announcement has come after the company&#8217;s fourth quarter (Q4) results. In which TCS has registered an increase of 29 percent in profit. This step has been taken at a time when the demand for salary hike, recruitment and jobs in IT companies is being closely monitored. </p>
<p style="text-align: justify;"><strong>The company confirmed</strong><br />It has been told by the company that the company is implementing the annual salary increment from April 1. He also said that in the fourth quarter, the company has further strengthened its team through experienced talent and campus hiring. The company&#8217;s priority now is to create an &#8216;AI first culture&#8217;, so that employees are fully prepared for future needs and AI skills.</p>
<p style="text-align: justify;"><strong>About the company</strong><br />At the end of fiscal year 2026, TCS had 584,519 employees. The company also said that the total number of employees increased by more than 2,000 in the March quarter. Apart from this, the number of people leaving the job has also increased from 13.5 percent to 13.7 percent. Although this is a minor increase, which does not make much difference.</p>
<p style="text-align: justify;"><strong>Also read:</strong></p>
<p style="text-align: justify;"><strong>DA Hike: Employees have fun in this state, now they will get 52.8% dearness allowance, government will also give arrears</strong></p>
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		<title>With RBI, NABARD, the salary of these employees and pensioners will increase, know how much will be the increase and how much arrears will be received?</title>
		<link>https://fastnewsglobe.com/with-rbi-nabard-the-salary-of-these-employees-and-pensioners-will-increase-know-how-much-will-be-the-increase-and-how-much-arrears-will-be-received/</link>
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		<pubDate>Sat, 24 Jan 2026 13:15:53 +0000</pubDate>
				<category><![CDATA[Lastest News]]></category>
		<category><![CDATA[Government employee]]></category>
		<category><![CDATA[Government Employees]]></category>
		<category><![CDATA[hike in pension]]></category>
		<category><![CDATA[increase in pension]]></category>
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		<category><![CDATA[pension]]></category>
		<category><![CDATA[Rbi]]></category>
		<category><![CDATA[Salary]]></category>
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<p><strong>Salary Pension Increase News:</strong> There is news of great relief for thousands of people working and retired in the government sector. The income of employees and pensioners associated with institutions considered to be the backbone of the financial system is going to increase. Central Government Public Sector General Insurance Companies.</p>
<p>Salary pension revision of staff and pensioners associated with NABARD and Reserve Bank of India has been approved. This will have a direct impact on their monthly income as well as arrears. Now there will be a direct change in the budget of lakhs of families. Let us understand who is going to get how much benefit according to different sectors.</p>
<h3><strong>What is the big update in the pension of RBI pensioners?</strong></h3>
<p>This decision was awaited for a long time for the retired employees of Reserve Bank of India. The government has approved a 10 percent increase in RBI pension and family pension from November 1, 2022. After this change, the basic pension of eligible pensioners will reach approximately 1.43 times. This will clearly increase the amount they receive every month.</p>
<p>More than 30 thousand people will get the benefit of this decision, which includes both pensioners and family pensioners. The total expenditure on this revision is estimated to be around Rs 2696 crore, of which a major part will be for arrears payment. Overall, this decision is being considered not just as an increase for RBI pensioners but also as a long-term financial relief.</p>
<p><strong>Also read: Do this as soon as cyber fraud occurs, call this helpline number immediately.</strong></p>
<h3><strong>How much benefit will NABARD employees and pensioners get?</strong></h3>
<p>The government has also approved salary and pension revision for the employees and pensioners associated with NABARD. This amendment will come into effect from 1 November 2022. Under this, the salary and allowances of Group A, B and C category employees will be increased by about 20 percent. This will directly benefit about 3800 current and former employees. NABARD&#8217;s annual salary expenditure will now increase by about Rs 170 crore.</p>
<p>Whereas the outstanding payment is estimated to be around Rs 510 crore. Under pension revision, lump sum arrears will also be given. Apart from this, there will be additional payment of crores of rupees every month in the monthly pension of pensioners and family pensioners. This clearly means that the financial condition of the retired people associated with NABARD will now become both stable and strong.</p>
<p><strong>Also read: Many farmers of Rajasthan did not get the money from CM Kisan Nidhi, know what to do now?</strong></p>
<h3><strong>How much change in salary of PSGIC employees?</strong></h3>
<p>This decision is considered very important for the employees working in public sector general insurance companies. The government has decided to implement their pay revision from August 1, 2022. Under this, there will be an increase of about 12.41 percent in the total salary structure. Which includes an increase of about 14 percent in basic pay and dearness allowance. More than 43 thousand employees will benefit from this.</p>
<p>For employees recruited after 2010, the government&#8217;s contribution to NPS has been increased to 14 percent. Due to which the security after retirement will be strengthened. Family pension has also been fixed at the new rate. Due to which the monthly income of thousands of families will increase. The government&#8217;s expenditure on this entire change will be in thousands of crores of rupees and a huge amount will be given as arrears.</p>
<p><strong>Also read: Do not keep these things in your phone even by mistake, otherwise the police will take it from home.</strong></p>
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		<title>Great news for government employees! Government has given approval to increase salary, pension will also increase</title>
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		<pubDate>Sat, 24 Jan 2026 06:18:58 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[NABARD]]></category>
		<category><![CDATA[pension hike]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[Salary Hike]]></category>
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<p style="text-align: justify;"><strong>Salary and pension hike: </strong>The salary and pension of some employees and pensioners working under the Central Government is going to increase. Actually, the government has approved for increase in salary and pension of employees of Public Sector General Insurance Companies (PSGICs), NABARD and Reserve Bank of India (RBI).</p>
<p style="text-align: justify;">The Finance Ministry said on Friday that the purpose of this decision is to boost the morale of employees and strengthen social security for pensioners in the financial sector. The government also said that overall this decision is expected to benefit about 46322 employees, 23570 pensioners and 23260 family pensioners. The government said that overall this decision is expected to benefit about 46322 employees, 23570 pensioners and 23260 family pensioners.</p>
<h3 style="text-align: justify;">Salary of PSGIC employees will also increase</h3>
<p style="text-align: justify;">In fact, the Central Government has approved wage revision for Public Sector General Insurance Companies (PSGICs) to boost the morale of serving employees and ensure social security of pensioners in the financial sector. Wage revision for PSGIC employees will be effective from 01.08.2022. With this, the total increase in their wage bill will be 12.41 percent, which includes 14 percent increase in the existing basic pay and dearness allowance.</p>
<p style="text-align: justify;">A total of 43247 PSGIC employees will benefit from this amendment. In this amendment, there is also a provision to increase the NPS contribution from 10% to 14% for the better future of the employees who joined the job after 01.04.2010. </p>
<h3 style="text-align: justify;">How much will it cost in total?</h3>
<p style="text-align: justify;">Family pension has also been revised at a uniform rate of 30 percent. This will benefit 14615 family pensioners out of total 15582 existing family pensioners. The total financial outlay of this amendment will be Rs 8170.30 crore, which includes Rs 5822.68 crore for pay revision arrears, Rs 250.15 crore for NPS and Rs 2,097.47 crore for family pension.</p>
<p style="text-align: justify;">PSGIC includes National Insurance Company Limited (NICL), New India Assurance Company Limited (NIACL), Oriental Insurance Company Limited (OICL), United India Insurance Company Limited (UIICL), General Insurance Corporation of India (GIC), and Agricultural Insurance Company Limited (AICIL).</p>
<h3>NABARD employees also benefit</h3>
<p style="text-align: justify;">The government has also approved salary and pension revision for employees and pensioners of National Bank for Agriculture and Rural Development (NABARD). This amendment in their salary will be effective from November 1, 2022 and under this, the salary and allowances of all Group &#8216;A&#8217;, &#8216;B&#8217; and &#8216;C&#8217; employees of NABARD will be increased by about 20 percent.</p>
<p style="text-align: justify;">About 3800 retired and former employees will benefit from this. The salary revision will result in an additional expenditure of approximately Rs 170 crore in the annual wage bill and the total payment of dues will be approximately Rs 510 crore. There will be a lump sum payment of Rs 50.82 crore for pension revision and an additional expenditure of Rs 3.55 crore will be incurred in monthly pension payment to 269 pensioners and 457 family pensioners of NABARD. </p>
<h3 style="text-align: justify;">Benefits to RBI pensioners also</h3>
<p style="text-align: justify;">The government has approved changes in pension and family pension for retired employees of Reserve Bank of India (RBI). Under this, from November 1, 2022, pension on basic pension plus dearness relief and family pension will be increased by 10 percent. This will increase the basic pension for all retirees by 1.43 times, which will significantly improve their monthly pension. A total of 30769 people will benefit from this change, which includes 22,580 pensioners and 8189 family pensioners.</p>
<p>The total financial outlay from the revision is estimated at Rs 2696.82 crore, which includes one-time payment of Rs 2485.02 crore for arrears and annual expenditure of Rs 211.80 crore.</p>
<p><strong>Also read:</strong></p>
<p class="abp-article-title"><strong>Tsunami of layoffs&#8230;! 16000 people will be laid off from work next week, know who will be punished? </strong></p>
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<p><a href="https://www.abplive.com/business/alert-for-central-government-employees-government-has-approved-a-salary-increase-and-pensions-will-also-be-increased-3078828" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/great-news-for-government-employees-government-has-given-approval-to-increase-salary-pension-will-also-increase/">Great news for government employees! Government has given approval to increase salary, pension will also increase</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Salary has increased from Rs 18000 to Rs 1.8 lakh in five years; Post viral on social media</title>
		<link>https://fastnewsglobe.com/salary-has-increased-from-rs-18000-to-rs-1-8-lakh-in-five-years-post-viral-on-social-media/</link>
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		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Sat, 08 Nov 2025 04:28:07 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Salary Hike]]></category>
		<category><![CDATA[Social media viral post]]></category>
		<category><![CDATA[viral post]]></category>
		<guid isPermaLink="false">https://fastnewsglobe.com/salary-has-increased-from-rs-18000-to-rs-1-8-lakh-in-five-years-post-viral-on-social-media/</guid>

					<description><![CDATA[<p>Salary Hike: These days, a post is becoming increasingly viral on social media, in which...</p>
<p>The post <a href="https://fastnewsglobe.com/salary-has-increased-from-rs-18000-to-rs-1-8-lakh-in-five-years-post-viral-on-social-media/">Salary has increased from Rs 18000 to Rs 1.8 lakh in five years; Post viral on social media</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;"><strong>Salary Hike: </strong>These days, a post is becoming increasingly viral on social media, in which a tech professional has told about his salary growth in five years. The person said that after working for a long time and facing all kinds of challenges, the starting salary of Rs 18,000 has now increased to Rs 1.8 lakh.</p>
<h3 style="text-align: justify;">faced everything bravely</h3>
<p style="text-align: justify;">He wrote on r/developersIndia subreddit, I want to share about a small success of mine. I started my career 5 years ago in a small startup earning Rs 18,000 per month. It wasn&#8217;t easy, worked long hours during the day, made a lot of mistakes and learned a lot. The person told that he is proud of his journey and also urged others to follow his path.</p>
<h3 style="text-align: justify;">People showered their praises</h3>
<p style="text-align: justify;">The person said, &#8220;Today I have been offered a salary of Rs 1.8 lakh.&#8221; Got 10 times salary growth in 5 years. I am really proud of this journey and I am grateful for it. I have worked late nights, faced every difficult feedback and got the fruits of my hard work. For those who are still working hard and learning – keep going. “Things are really getting better.”</p>
<p style="text-align: justify;">Different types of reactions are coming on this post. One user commented, &#8220;Congratulations man. Really amazing. Best wishes for your future endeavours.&#8221; Another user wanted to know how he worked throughout the week. Increasing your skills along with your job, how to balance both and what to focus on more. Another user wrote, &#8220;Same thing happened with me too, friend. I earned only Rs 13 thousand per month as an intern and now in 6 years my salary is around Rs 180 thousand after tax deduction. To be honest, this journey was full of ups and downs. During this time, I learned a lot from work related stress, mistakes and small successes. </p>
</p>
<p><strong>Also read: </strong></p>
<p class="abp-article-title"><strong>Swiggy made a big announcement, got approval from the board to raise funds of Rs 10000 crore; share in focus </strong></p>
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<p><a href="https://www.abplive.com/business/salary-has-increased-from-18000-to-1-8-lakh-in-five-years-of-tech-professional-post-viral-on-social-media-3040357" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/salary-has-increased-from-rs-18000-to-rs-1-8-lakh-in-five-years-post-viral-on-social-media/">Salary has increased from Rs 18000 to Rs 1.8 lakh in five years; Post viral on social media</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Currently, how much PF is deducted for salaried people, know how much EPFO ​​is preparing to limit?</title>
		<link>https://fastnewsglobe.com/currently-how-much-pf-is-deducted-for-salaried-people-know-how-much-epfo-is-preparing-to-limit/</link>
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		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Thu, 30 Oct 2025 17:42:04 +0000</pubDate>
				<category><![CDATA[Lastest News]]></category>
		<category><![CDATA[employee benefits]]></category>
		<category><![CDATA[Employee provident fund]]></category>
		<category><![CDATA[employees fund]]></category>
		<category><![CDATA[Employer Contribution]]></category>
		<category><![CDATA[EPF Contribution]]></category>
		<category><![CDATA[EPF pension]]></category>
		<category><![CDATA[EPF update]]></category>
		<category><![CDATA[EPFO]]></category>
		<category><![CDATA[EPFO meeting]]></category>
		<category><![CDATA[EPS plan]]></category>
		<category><![CDATA[EPS scheme]]></category>
		<category><![CDATA[pay revision]]></category>
		<category><![CDATA[Pension scheme]]></category>
		<category><![CDATA[PF deduction]]></category>
		<category><![CDATA[PF Rules]]></category>
		<category><![CDATA[provident fund]]></category>
		<category><![CDATA[Provident Fund Rules]]></category>
		<category><![CDATA[retirement fund]]></category>
		<category><![CDATA[Salary Hike]]></category>
		<category><![CDATA[Salary Increase]]></category>
		<category><![CDATA[Salary limit]]></category>
		<category><![CDATA[salary range]]></category>
		<category><![CDATA[social security]]></category>
		<guid isPermaLink="false">https://fastnewsglobe.com/currently-how-much-pf-is-deducted-for-salaried-people-know-how-much-epfo-is-preparing-to-limit/</guid>

					<description><![CDATA[<p>According to the report, the Central Board of EPFO ​​may discuss this proposal in its...</p>
<p>The post <a href="https://fastnewsglobe.com/currently-how-much-pf-is-deducted-for-salaried-people-know-how-much-epfo-is-preparing-to-limit/">Currently, how much PF is deducted for salaried people, know how much EPFO ​​is preparing to limit?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="article-hstick-inner">
<div class="images-blocks-outer">
<div class="images-blocks">
<div class="image-pod">
<div class="figure">
<div class="figure-pod"><img decoding="async" loading="lazy" src="https://feeds.abplive.com/onecms/images/uploaded-images/2025/10/29/d2f12c362ba294608a42507e807919f73dd92.jpg?impolicy=abp_cdn&amp;imwidth=720" alt="According to the report, the Central Board of EPFO ​​may discuss this proposal in its next meeting. This meeting is likely to be held in December or January. In such a situation, if the proposal is approved, it will be the first time since 2014 that the salary limit will be revised." class="lazy" fetchpriority="high" onerror="this.onerror=null;this.src=" https:=""/></div>
<p>According to the report, the Central Board of EPFO ​​may discuss this proposal in its next meeting. This meeting is likely to be held in December or January. In such a situation, if the proposal is approved, it will be the first time since 2014 that the salary limit will be revised.</p>
</div>
</div>
<div class="image-pod">
<div class="figure">
<div class="figure-pod"><img decoding="async" loading="lazy" src="https://feeds.abplive.com/onecms/images/uploaded-images/2025/10/29/7176542e8d9d3e9de5dd1d4900f83168a76d0.jpg?impolicy=abp_cdn&amp;imwidth=720" alt="At present, it is mandatory for employees earning Rs 15,000 per month or less to join EPF and EPS. Apart from this, employees earning more than Rs 15,000 have the option to stay out of these schemes. At the same time, there is no legal obligation on employers to include such employees in EPF or EPS." class="lazy" fetchpriority="high" onerror="this.onerror=null;this.src=" https:=""/></div>
<p>At present, it is mandatory for employees earning Rs 15,000 per month or less to join EPF and EPS. Apart from this, employees earning more than Rs 15,000 have the option to stay out of these schemes. At the same time, there is no legal obligation on employers to include such employees in EPF or EPS.</p>
</div>
</div>
<div class="image-pod">
<div class="figure">
<div class="figure-pod"><img decoding="async" loading="lazy" src="https://feeds.abplive.com/onecms/images/uploaded-images/2025/10/29/0e613ea1ccebc6a0ca32984daf8fbdb151620.jpg?impolicy=abp_cdn&amp;imwidth=720" alt="Apart from this, the labor union had been demanding to increase the salary limit for a long time. He says that today the salary of manual or medium skilled employees in metros is more than Rs 15,000. In such a situation, he does not come under the purview of EPFO. But this problem will end with the implementation of the new limit." class="lazy" fetchpriority="high" onerror="this.onerror=null;this.src=" https:=""/></div>
<p>Apart from this, the labor union had been demanding to increase the salary limit for a long time. He says that today the salary of manual or medium skilled employees in metros is more than Rs 15,000. In such a situation, he does not come under the purview of EPFO. But this problem will end with the implementation of the new limit.</p>
</div>
</div>
<div class="image-pod">
<div class="figure">
<div class="figure-pod"><img decoding="async" loading="lazy" src="https://feeds.abplive.com/onecms/images/uploaded-images/2025/10/29/b5e85117d05a4d0ecc71166c97833f18d9125.jpg?impolicy=abp_cdn&amp;imwidth=720" alt="According to the rules, every month both the employer and the employee contribute 12 percent of the salary. The entire 12 percent of the employee goes into the EPF account, while the 12 percent of the employer is divided into two parts." class="lazy" fetchpriority="high" onerror="this.onerror=null;this.src=" https:=""/></div>
<p>According to the rules, every month both the employer and the employee contribute 12 percent of the salary. The entire 12 percent of the employee goes into the EPF account, while the 12 percent of the employer is divided into two parts.</p>
</div>
</div>
<div class="image-pod">
<div class="figure">
<div class="figure-pod"><img decoding="async" loading="lazy" src="https://feeds.abplive.com/onecms/images/uploaded-images/2025/10/29/97bf98c0aad65497e17782e717570a52914d1.jpg?impolicy=abp_cdn&amp;imwidth=720" alt="In which 3.67 percent goes to EPF and 8.33 percent to EPS. In such a situation, if the limit becomes Rs 25,000, then the contribution of both employer and employee in the PF account will increase from Rs 1800 to Rs 3000 per month. That means overall Rs 2400 more will be deposited." class="lazy" fetchpriority="high" onerror="this.onerror=null;this.src=" https:=""/></div>
<p>In which 3.67 percent goes to EPF and 8.33 percent to EPS. In such a situation, if the limit becomes Rs 25,000, then the contribution of both employer and employee in the PF account will increase from Rs 1800 to Rs 3000 per month. That means overall Rs 2400 more will be deposited.</p>
</div>
</div>
<div class="image-pod">
<div class="figure">
<div class="figure-pod"><img decoding="async" loading="lazy" src="https://feeds.abplive.com/onecms/images/uploaded-images/2025/10/29/f6e11d15917e6e9cd8277c639b2355a352618.jpg?impolicy=abp_cdn&amp;imwidth=720" alt="At the same time, due to increase in the salary limit, there will be a big increase in the fund amount of both EPF and EPS. This will increase the pension received at the time of retirement and the amount of interest rate will also increase." class="lazy" fetchpriority="high" onerror="this.onerror=null;this.src=" https:=""/></div>
<p>At the same time, due to increase in the salary limit, there will be a big increase in the fund amount of both EPF and EPS. This will increase the pension received at the time of retirement and the amount of interest rate will also increase.</p>
</div>
</div>
<div class="image-pod">
<div class="figure">
<div class="figure-pod"><img decoding="async" loading="lazy" src="https://feeds.abplive.com/onecms/images/uploaded-images/2025/10/29/3b1a5b4c57ebb5e70d1d069fe5bfa0dbd96c2.jpg?impolicy=abp_cdn&amp;imwidth=720" alt=" At present EPFO ​​has about 7.6 crore active members and its total fund is about Rs 26 lakh crore." class="lazy" fetchpriority="high" onerror="this.onerror=null;this.src=" https:=""/></div>
<p> At present EPFO ​​has about 7.6 crore active members and its total fund is about Rs 26 lakh crore.</p>
</div>
</div></div>
<p>                 <!-- input--></p>
<p>Published at : 30 Oct 2025 09:50 AM (IST)</p>
</p></div>
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<p>The post <a href="https://fastnewsglobe.com/currently-how-much-pf-is-deducted-for-salaried-people-know-how-much-epfo-is-preparing-to-limit/">Currently, how much PF is deducted for salaried people, know how much EPFO ​​is preparing to limit?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Which government employees&#8217; salaries will be increased first by the 8th Pay Commission? Know complete details here</title>
		<link>https://fastnewsglobe.com/which-government-employees-salaries-will-be-increased-first-by-the-8th-pay-commission-know-complete-details-here/</link>
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		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Thu, 30 Oct 2025 16:07:26 +0000</pubDate>
				<category><![CDATA[Lastest News]]></category>
		<category><![CDATA[8th Pay Commission]]></category>
		<category><![CDATA[AIIMS]]></category>
		<category><![CDATA[Army]]></category>
		<category><![CDATA[cabinet approval]]></category>
		<category><![CDATA[Central employee]]></category>
		<category><![CDATA[Central Employees]]></category>
		<category><![CDATA[fitment factor]]></category>
		<category><![CDATA[Government Jobs]]></category>
		<category><![CDATA[IIM]]></category>
		<category><![CDATA[IIT]]></category>
		<category><![CDATA[paramilitary]]></category>
		<category><![CDATA[Paramilitary force]]></category>
		<category><![CDATA[pay revision]]></category>
		<category><![CDATA[Railway]]></category>
		<category><![CDATA[Railways]]></category>
		<category><![CDATA[Salary Hike]]></category>
		<category><![CDATA[Salary increment]]></category>
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					<description><![CDATA[<p>8th Pay Commission: The 8th Pay Commission has finally been approved. The Union Cabinet has...</p>
<p>The post <a href="https://fastnewsglobe.com/which-government-employees-salaries-will-be-increased-first-by-the-8th-pay-commission-know-complete-details-here/">Which government employees&#8217; salaries will be increased first by the 8th Pay Commission? Know complete details here</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="article-hstick-inner">
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<p style="text-align: justify;"><strong>8th Pay Commission:</strong> The 8th Pay Commission has finally been approved. The Union Cabinet has approved the terms of reference for the commission. Now this new pay structure is expected to be implemented from January 1, 2026. Meanwhile, let us know which government employees will be the first to benefit from the 8th Pay Commission.</p>
<p style="text-align: justify;"><strong>First benefit to central government employees </strong></p>
<p style="text-align: justify;">Central government employees will be the first to get the benefits of the Eighth Pay Commission. As soon as it is implemented, there will be a direct increase in the salaries of more than 50 lakh working employees. These include employees of some big departments like Indian Railways, Income Tax, Postal Department and Customs. </p>
<p style="text-align: justify;"><strong>Armed forces and paramilitary personnel included </strong></p>
<p style="text-align: justify;">Along with this, employees of Indian Army, Navy and Air Force will also be able to avail the benefits of the Eighth Pay Commission. This includes not only officers and soldiers, but also personnel serving in paramilitary forces like BSF, CRPF, CISF, ITBP and SSB. Let us tell you that the pay scales of these employees falling under the jurisdiction of the Central Government will be adjusted according to the new fitment factor. </p>
<p style="text-align: justify;"><strong>Benefits for Central Institutions and Autonomous Bodies </strong></p>
<p style="text-align: justify;">Apart from ministries and defense forces, many central educational and research institutions will also benefit from this new salary structure. This includes IIT, IIM, AIIMS, UGC, ICAR and CSIR. Along with this, retired employees working in different sectors will also benefit from the Eighth Pay Commission. There may also be an increase in the pension of these employees.</p>
<p style="text-align: justify;"><strong>What could be the fitment factor? </strong></p>
<p style="text-align: justify;">The fitment factor in the Eighth Pay Commission is expected to be between 1.83 and 2.46. That is, if the current basic pay of an employee is ₹ 20000 and the fitment factor is set at 2.5, then the new basic pay will be 20000×2.5=50000. After this increase, allowances like HRA and DA will also be affected. After this the take home pay will be even higher. However, let us tell you that the final fitment factor and pay slab will be decided by the Commission only after evaluating inflation, cost of living and government revenue. This step taken by the Central Government will prove to be a big relief for the central employees and pensioners. According to estimates, there may be an increase of 30% to 34% in the total salary.</p>
<p style="text-align: justify;"><strong>Also read: Muslims can buy and keep only this much gold, you will not know this rule of Islam</strong></p>
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<p>The post <a href="https://fastnewsglobe.com/which-government-employees-salaries-will-be-increased-first-by-the-8th-pay-commission-know-complete-details-here/">Which government employees&#8217; salaries will be increased first by the 8th Pay Commission? Know complete details here</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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