India has officially intromitted into a landmark overhaul of its taxation system—Income Tax Act, 2025, replacing the one enacted in 1961 and more than 60 years old. It received Presidential assent on August 21, 2025, and shall come into force on April 1, 2026. This new act intends to make tax laws simpler, reduce litigation, … Read more
For central government employees and pensioners, now is a time for rejoicing-the 8th Pay Commission will indeed be implemented and not delayed until 2027. According to the government, talks have been growing increasingly intense, and an official declaration can be expected anytime soon. The implementation is expected in 2026, benefiting over 1 crore central staff … Read more
In a much-awaited update, central government employees and pensioners will see the DA moving from 55 to 58 percent (with retrospective effect from July 1, 2025). Now stock-market-wise, this 3% DA hike shall affect over 1 crore beneficiaries in the country, based on recent All India Consumer Price Index (AICPI) figures. A Timely Diwali Gift: … Read more
A major policy change was instituted in September 2025 when the Employees’ Provident Fund Organisation (EPFO) revised its eligibility criteria for pension under the Employees’ Pension Scheme (EPS). Recognizing the rights of short-term, contract, and gig workers, any person who has contributed for a month is eligible for future pension benefits. From Six Months To … Read more
The Unified Pension Scheme (UPS) was launched on April 1, 2025, and offers a hybrid pension model with features assimilated from those under the predictability of the Old Pension Scheme (OPS) and certain select features of the NPS. Designed for better retirement security, a fixed income for the pensioner is guaranteed, keeping in view the … Read more
The 8th Pay Commission is a government-appointed panel constituted to review and recommend changes in central government employees’ salary, allowance, and pension structure, which pertains to pensioners in India. Constituted in January 2025, the commission follows the long-established tradition of access to Pay Commissions every ten years. Implementation Timeline & Status Projected Salary & Pension … Read more