The long-awaited announcement on the 8th Pay Commission has brought a blend of optimism and concern among central government employees. The revised salary hike has been officially pegged at 30%, a figure lower than the widely expected increase of around 40%, leading to mixed sentiments across departments. What the 8th Pay Commission Means for Employees … Read more
The government has officially extended the ongoing public holiday across the country in response to recent socio-political developments. This unexpected move aims to provide a pause for reflection, civic participation, and ensure nationwide stability. The extension affects multiple sectors, including education, banking, offices, and daily public services. What’s Affected by the Holiday Extension? As the … Read more
The Reserve Bank of India (RBI) has delivered encouraging news for millions of loan holders across the country by cutting the repo rate by 25 basis points—from 6.50% to 6.25%. This move, announced in the central bank’s latest monetary policy review, is expected to bring immediate relief to borrowers facing high EMIs and pave the … Read more
The Post Office Recurring Deposit (RD) scheme continues to be a dependable choice for risk-averse Indian investors. With a current interest rate of 6.7% per annum (April–June 2025) and government assurance, this small savings scheme offers a safe and disciplined way to build a financial corpus over time. What is the Post Office Recurring Deposit? … Read more
Major Indian banks—State Bank of India (SBI), HDFC Bank, and Punjab National Bank (PNB)—have introduced revised minimum balance requirements for savings accounts, effective this month. These changes impact millions of customers and come with updated penalty structures, regional differentiations, and special exemptions. Understanding these changes is essential to avoid unnecessary fees and manage your finances … Read more
The Employees’ Provident Fund Organization (EPFO) plays a vital role in securing the financial future of millions of employees across India. In 2025, EPFO has introduced several reforms aimed at improving transparency, digital access, and efficiency. These changes are designed to benefit both current employees and pensioners, aligning the system with modern financial practices and … Read more
Gratuity in India is a financial benefit awarded to employees as a token of appreciation for their long-term service. It not only recognizes their dedication but also contributes to their financial security. In 2025, the Indian government introduced key changes to the gratuity rules, enhancing transparency, accessibility, and employee protection. These reforms aim to make … Read more
The Old Pension Scheme (OPS) was a reliable source of financial stability for government employees in India. It guaranteed a fixed post-retirement income. However, in 2004, the government replaced OPS with the National Pension System (NPS), a market-linked scheme. This shift created uncertainty and dissatisfaction among employees. Now, in a major policy shift, the government … Read more
The Indian government has announced a major policy change: the retirement age for government employees will be increased from 60 to 65 years starting in 2025. This move aims to capitalize on the skills and experience of senior employees, promote financial stability, and improve administrative efficiency. It marks a significant shift in employment policy with … Read more
The Central Government has officially approved a 12% hike in Dearness Allowance (DA) for all Central Government employees and pensioners, effective July 1, 2025. This decision is aimed at easing the financial burden caused by rising inflation and is expected to benefit over 1.15 crore beneficiaries, including more than 50 lakh employees and around 65 … Read more