Daily trending news …
Amazon Pay introduced fixed deposits on January 5, 2026, partnering with banks and NBFCs like Shriram Finance and Bajaj Finance. Users invest from ₹1,000 via the app without separate accounts, earning up to 8% annual interest; seniors get +0.5% extra across partners, and women receive another +0.5% from Shriram.
The 8th Pay Commission takes effect January 1, 2026, revising salaries for central government employees and pensioners via a fitment factor, projected around 2.15, applied uniformly across 18 pay levels for proportional hikes. While percentage increases remain similar for juniors and seniors, absolute gains favor higher levels like Level 18 (e.g., Cabinet Secretary).
The 7th Central Pay Commission’s term officially wraps up on December 31, 2025, after a decade of implementation starting January 1, 2016. It introduced a 2.57 fitment factor and a simplified pay matrix, boosting Level-1 salaries by 55% to around Rs 34,000 monthly.
With the 8th Pay Commission now constituted, millions of central government employees and pensioners anticipate substantial salary revisions. While final recommendations may take up to two years, projections based on past fitment factors (1.92, 2.15, and 2.57) suggest Level 1 minimum basic pay could rise from ₹18,000 to between ₹34,560 and ₹46,260. Similar increases are estimated for Levels 2-5, o
The 8th Pay Commission may apply a fitment factor of 2.15 to revise salaries and pensions for central government employees, effective from January 1, 2026, with arrears due to approval delays. This multiplier, determined by factors like inflation, CPI trends, fiscal capacity, and private sector comparisons, would raise an entry-level basic pay of ₹18,000 to ₹38,700
The concerns about dearness relief (DR) for central government pensioners after the 7th Pay Commission’s tenure ends on December 31, 2025 is worrying. But the officials confirm that DR, currently at 58% and matching dearness allowance (DA) for employees, will continue to increase twice yearly (January and July) based on inflation, even post-7th CPC, until the 8th Pay Commission is implemented.
வருமான வரி (Income Tax) செலுத்தும் ஒட்டுமொத்த பேங்க் கஸ்டமர்களும் இனிமேல் வரி செலுத்துவதற்கு முன்பாக இதை தெரிந்து கொள்ள வேண்டும். கூகுள் பே (Google Pay), போன்பே (PhonePe), பேடிஎம் (Paytm) போன்ற யுபிஐ ஆப்கள் இருந்தால் இது பொருந்தும் | All Income Tax Payers Need Know This Before Paying Tax How To Pay Tax UPI Google Pay PhonePe Paytm
The Union Cabinet approved the Terms of Reference for the 8th Pay Commission in late October 2025, but no implementation date is set yet, with funds to follow after recommendations. DA hikes will continue unchanged—calculated biannually in January and July based on CPI inflation data on existing basic pay.
On 8 December 2025, MoS Finance Pankaj Chaudhary informed Lok Sabha that the upcoming 8th Central Pay Commission will cover 50.14 lakh serving central government employees and nearly 69 lakh pensioners. The Terms of Reference were notified on 3 Nov 2025; the commission has 18 months to submit recommendations on pay, allowances, pension and fitment factor. Implementation date and 2026-27 budget all
The 8th Pay Commission salary hike for central government employees and pensioners will ripple far beyond government offices. Higher paychecks will increase consumer spending, revive shops and services, drive housing demand, and inject money into rural and semi-urban markets. Over 65 lakh pensioners will gain financial security, small businesses will flourish, and job opportunities will grow in sm
