The implementation of the 8th Pay Commission is anticipated by pensioners all over India and is expected to come into effect on January 1, 2026. The government has stated its intention to form the panel, but that has not happened yet. The retired workers have made their requests clear, hoping for better financial security, faster … Read more
The Central Government, in a luxurious gesture to the railway workers and pensioners has sanctioned a hike in the Dearness Allowance (DA) and Dearness Relief (DR) of 3% which will come into force from July 1, 2025. The hike thus brings the DA up to 58% from the existing 55% and the beneficiaries would include … Read more
Retirement benefits have just become clearer! The Department of Pension and Pensioners’ Welfare (DoPPW) has issued an important order regarding the cap on the ₹25 lakh gratuity on October 25, 2025. This is in line with the ₹20 lakh hike in May 2025 triggered by the increase in Dearness Allowance (DA) above 50%. But it … Read more
The Central Government has resolved to make a colossal transformation in the area of retirement financing with the planned huge enhancement of the National Pension System (NPS) and Unified Pension Scheme (UPS) in 2025. The newly introduced LC75 and BLC investment options open up for government employees the possibility to allocate as much as 75% … Read more
The Pension Fund Regulatory and Development Authority (PFRDA) has put forward new rules regarding withdrawals of the National Pension System (NPS) that could tremendously influence the retirement planning in India. The primary goal of these changes is to transition NPS from a simple savings plan into a more predictable, inflation-adjusted pension system, thus offering retirees … Read more
The hike in the minimum pension which the Employees’ Provident Fund Organisation (EPFO) has confirmed under the Employees’ Pension Scheme (EPS) has been a long wait and now it is a major relief for more than 6 million pensioners. The revised pension which will be effective from October 2025 is intended to reduce the financial … Read more
One of India’s major public sector banks, Punjab National Bank (PNB), has revised the interest rates for fixed deposits (FDs) in 2025. The new rate structures extend competitive returns to investors, including senior citizens who attract special benefits. Whether requirements are for planned savings or pedigreed liquidity, PNB’s FD schemes do provide a safe and … Read more
The 7th Pay Commission continues to affect the structure of leave for the central government staff in 2025 with its streamlined and employee-friendly framework. From earned leaves to casual leaves to travel allowance, the new changes are motivated by a need to maintain the work-life balance from the point of view of administration. More Flexibility … Read more
Canara Bank has come up with a special 310-day Fixed Deposit for 2025 with attractive interest rates and assured returns for short-term investors. The period is for short, and hence the FD is suitable for those seeking stability and high returns as compared to a regular savings bank account without locking away their funds for … Read more
In a good action, the Central Government has sanctioned a 3% rise in Dearness Allowance (DA) and Dearness Relief (DR) for central government employees and pensioners. With effect from July 1st, 2025, the new DA rate will be 58% of basic pay as opposed to 55%. The move will benefactor more than 12 million, which … Read more