The Supreme Court of India has announced the long-overdue increase in the Employees’ Pension Scheme (EPS-95) as a major relief to more than 78 lakh pensioners. The monthly pension at the minimum level now stands at ₹7,500, together with the Dearness Allowance (DA), which is meant to ease the burden on the senior citizens due … Read more
The Central Government is all set to apply the 8th Pay Commission with the Fitment Factor hike being one of its most debated features. This change will have an immediate effect on the wages of around 50 lakh central government employees and 65 lakh pensioners in India. What Is Fitment Factor? The Fitment Factor is … Read more
In 2025, the Reserve Bank of India (RBI) along with important banks decided to bring forth a major change in savings bank account rules that shall directly impact how the money is handled by the customers. These changes are aimed at enhancing transparency, easing penalties, and promoting digital banking. Here’s a sub-guide to new things … Read more