The 8th Central Pay Commission has concluded its memorandum submission phase. The panel will now review crucial employee demands, including a 3.15 fitment factor, minimum pay hikes, and the restoration of the Old Pension Scheme for 1.24 crore beneficiaries
Narendra Modi–led Union Cabinet approved a 2% Dearness Allowance hike for central government employees and pensioners, benefiting over 1 crore people. The decision comes amid broader demands for major pay revision under the proposed 8th Pay Commission
Tata Consultancy Services (TCS) has announced salary hikes for 80% of its employees, primarily in junior and mid-level roles, effective September 1, 2025. The announcement comes even as the company prepares to lay off around 12,000 employees this year as part of a strategy to become a "future-ready organisation."
