The Employees Pension Scheme of 1995 (EPS 95) has been in high demand during the 2025 year, especially among pensioners and long-term contributors. Offered by the Employees’ Provident Fund Organisation (EPFO), this scheme provides a monthly pension to retired employees. Several proposed reforms lately have awakened the hope that most of these would really relieve … Read more
The Indian banks and regulators amended regulations pertaining to the savings account in the year 2025. These rules involve minimum balance requirements, penalty waivers, interest rates, and peculiar features like an auto-sweep or reverse sweep-dedicatedly so that savings accounts remain easy to use and customer-friendly. Relaxation Of Minimum Balance Rules Mostly, one of the critical … Read more
The Employees’ Pension Scheme, 1995 (EPS-95) under EPFO aims to secure retirement income for eligible employees. Currently, under this scheme, minimum pensioners are paid a sum of ₹1,000 per month from the government and the EPFO. However, inflation and rising costs of living have made this minimum pension inadequate even for the very basic of … Read more
Central government employees and pensioners receive some relief—with reports confirming that the much awaited 3% DA/DR hike shall soon find Cabinet approval. The 3% hike in DA is likely to increase the DA rate from 55% to 58% of basic pay with effect from July 1, 2025. This increase will be made effective retrospectively (July … Read more
The Eighth Pay Commission is creating ample buzz among central government employees and pensioners as it provides very major changes with regard to salary and pension structures. These changes are being proposed to straighten the issue where the existing pay scale has almost lost its worth due to inflation and existing rising expenses. Expected Hikes … Read more
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