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8th Pay Commission: Major Update for Central Government Employees and Pensioners, Possible Removal of Multiple Allowances

The article from MSN discusses potential changes to the compensation structure for central government employees and pensioners in India, focusing on the possible introduction of the 8th Pay Commission. It highlights that the government might consider removing or merging several allowances to streamline the salary system. Key points include the potential elimination of allowances like the Non-Practicing Allowance (NPA) for doctors, which could lead to a significant reduction in their take-home pay. Additionally, there's mention of the government's aim to simplify the pay structure by reducing the number of allowances from over 100 to a more manageable number, possibly integrating them into basic pay or other allowances. This overhaul is part of broader financial management strategies to control the fiscal deficit and manage government expenditure more effectively. The article also notes that while these changes are under consideration, no final decisions have been made, and the implementation of the 8th Pay Commission would likely occur after the 7th Pay Commission's recommendations have been fully absorbed, which is expected around 2026.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/politics/government/8th-pay-commission-major-update-for-central-government-employees-and-pensioners-possible-removal-of-multiple-allowances/ar-AA1AoMqU ]