The latest turning point is that the government has officially declared that the benefits due under the new Pay Commission would not apply to the currently existing pensioners, and only new retirements would be entitled to the revised benefits. This has raised some eyebrows in the retired space, which expects some kind of boost from … Read more
Should all go well, celebrations for central government employees may be in store come 2025 as speculations about possible salary increases and bonuses have kept hitting headlines. Reports suggest a possibility of considerable salary and financial benefits under the 7th Pay Commission for employees. Let’s delve into the details and find out what changes are … Read more
Massive changes regarding amendments in TDS are in store, which will impact taxpayers earning through fixed deposits, dividends and rental income from April 2025. The government has brought further reforms in last-gasp efforts to bear with small taxpayers and ease things for them. Now lets’ check more about these TDS rules and what exactly will … Read more
DA Hike Latest Update: There is good news for central employees. The three percent dearness allowance has been confirmed for the waiting dearness allowance of the employees. This will be a big boon for the employees. Central employees will see an enhancement of Rs 2187 in their account with the salary in March. A big … Read more
Anticipated to be launched by the indian Government with a view to laying downs the groundwork for bringing uniformity in pension benefits for all sectors is the Unified Pension Scheme (UPS) in 2025. It represents a small and timely step toward a pension system that would provide an umbrella for several schemes, which will be … Read more
The 8th Pay Commission, after much anticipation, comes as good news for central government employees and pensioners who were about to enter the pay raise phase. It comes into force in 2026 and is expected to review all salaries, pensions, and allowances, creating a total financial impact for the eligible members. Highlights Of The 8th … Read more
DA has been steeply hiked for government employees, making it quite a great news by the Central Government. The reported hike in DA for 2025 has been the highest after about 6 and a half years and brought some respite for millions of government employees as well as pensioners in the country. DA Hike Announcement … Read more
Central government employees have been looking forward to the resolution of the pending 18 months of DA arrears. This recent update has rekindled hopes as negotiations for the payment have gained momentum. The pending DA arises from January 2020 to June 2021, during which the government had suspended payment of this allowance due to the … Read more
EPS-95 Pension Update 2025: Numerous senior employees in India receive monthly pension from the Employees’ Pension Scheme (EPS-95). Currently, a figure of ₹1,000 falls under the minimum pension, which is low in light of increasing inflation. Therefore, the question arises – will it be increased to ₹7,500 by the government? Pretense politicians also ask whether … Read more
A remarkable day for central government employees: The Central Cabinet will perhaps approve a huge raise in the basic salary under the Seventh Pay Commission. Sources later informed that this hike could be further benefited by an increase of an estimated Rs 720 towards the basic salary. The basic salary-not much above what they get … Read more