The effect of the 8th Central Pay Commission recommendations would normally be expected from January 1, 2026. Fitment Factor is the number by which the old basic pay is multiplied to get the new basic ...

A school district’s enrollment, relative wealth and its ability to generate local tax revenue are at the heart of a school funding formula proposed by state lawmakers on Thursday. The formula — aimed ...

7th pay commission latest news: The central government is set to scrap the pay commission next year and implement a new formula which allows one to change the fitment factor. Once done, the change in ...