On August 24, 2024, the Indian government launched the Unified Pension Scheme (UPS) 2025 with a core aim of providing a secure retirement to its employees, mainly targeting the over 23 lakh central government employees and millions more in states that would be adopting it. The scheme, effective from April 1, 2025, is designed to … Read more
Provident Fund or PF is a highly recommended investment plan with an assured return on investment. It works as a safety net for your old age, where both you and your employer make monthly contributions. But life is full of surprises, like losing your job or having to pay huge medical bills. The Employees’ Provident … Read more
HDFC Bank has refined its minimum balance requirements for savings accounts, which correspond to the location of the branch, in 2025. These guidelines are aimed at keeping up with the current trends in the banking sector. The customers are provided with various options, one of which is fixed deposit, to keep the account active. The … Read more
A significant salary revision is going to be made by the 8th Pay Commission for central government employees and pensioners. Though some rumors say a 3x raise, the official sources reveal a more moderate but still major hike depending on the proposed fitment factor. What Is the Fitment Factor? A fitment factor is a scalar … Read more
The pension system in India has undergone a huge overhaul in the year 2025. It has ushered in the most favorable conditions for workers and retirees in terms of financial security and access. The government along with the EPFO have taken the initiative of making certain very significant changes that will not only improve the … Read more
In the year 2025, major reforms to the Ration Card system were initiated by the Government of India with the objective of enhancing transparency, efficiency, and low-income family support. These reforms have an impact on dozens of millions of cardholders who belong to the Public Distribution System (PDS) and are intended to make it easier … Read more
A significant alteration in the pension rules of the Employees’ Provident Fund Organisation (EPFO), which was revamped in 2025, will directly impact the EPS (Employees’ Pension Scheme) and EPF (Employees’ Provident Fund) members as well. The main aim behind these alterations is to create a retirement benefit system that is fairer, easier to claim, and … Read more
The Supreme Court’s decision to increase the minimum pension to ₹7,500 and include Dearness Allowance for the protection of retirees from inflation is a significant step forward for EPS-95 pensioners. What Is EPS-95 EPS-95, the Employees’ Pension Scheme, was a scheme introduced in 1995 and administered by the Employees’ Provident Fund Organisation to pay monthly … Read more
In October 2025, the Employees’ Provident Fund Organisation (EPFO) introduced significant reforms to the Employees’ Pension Scheme (EPS), thus making the lives of millions of pensioners and working professionals easier and more convenient. These changes are all about modernizing the whole pension system, improving the benefits and at the same time making the system more … Read more
By 2025, the revamping of the Old Pension Scheme (OPS) demand has become fairly turgid in India. Along with protests, legal issues, and debates on policies, government employees are vigorously trying to do away with the market-linked National Pension System (NPS) and replace it with the guaranteed benefits of OPS. What Is the Old Pension … Read more