India, Oct. 14 -- 8th Pay Commission Latest News: Employees working with the central government can get an additional cumulative basic salary of about Rs.34 lakh over 10 years with a 7% annual increment through the 8th Pay Commission. But note that this is only an example for calculating salaries and nothing official has been announced by the government yet made.

This estimation has been made on the basis of an employee at Level 10 who gets a basic salary of Rs.56,100 as per 7th Pay Commission. This has been calculated taking into consideration the following figures: Current basic salary - Rs.56,100; Revised starting basic salary - Rs.1,20,615 (fitment factor of 2.15); and Increment rate of 3%, 5% and 7% annually.

8th Pay Commission Lat...