The 8th Pay Commission is expected to hike salaries and pensions by 30%-34% for 1.1 crore beneficiaries, a report by brokerage firm Ambit Capital predicted. The report also suggested that the fitment factor could be between 1.83 and 2.46. Notably, the 7th Pay Commission had a fitment factor of 2.57, which increased minimum basic pay to ₹18,000/month from ₹7,000.