The Employees’ Provident Fund Organisation (EPFO) has declared that the interest rate for the financial year 2024-25 has been set at 8.25%, the same as last year and applicable to the deposits done between the above-stated dates. The central government has approved this decision and it will keep giving stable returns to the employees who … Read more
HDFC Bank, the largest private lender in India, is going to make a big change in the fees and charges that will come into effect on August 1, 2025. The new changes will directly affect millions of account holders, including those who have savings, salary, and NRI accounts. The change has brought much talk among … Read more
In the year 2025, the call for a minimum pension increase under EPS‑95 became more powerful. The retirees, whose healthcare costs are rising and living on a minimum pension of ₹1,000, which they consider not enough, are backed by the government who in May 2025 approved a pension of ₹7,500 (including DA) but still, unions … Read more
The fitment factor is of utmost importance to the pay commission recommendations as it is the decisive factor for the existing basic pay multiplication to determine the revised pay structure. The 7th Pay Commission pegged the fitment factor at 2.57, thereby implying that the basic pay was multiplied by 2.57 and this was the basis … Read more
The 7th Pay Commission (CPC) which was the sole authority for setting central government salaries and pensions since 2016, officially ended its term in December 2025 with the payment of the last arrears. Before the implementation of the 8th CPC in 2026, the last DA arrears were credited by the government to the employees and … Read more
The 8th Central Pay Commission (CPC) has made a significant decision by entering the implementation phase in 2026, which is one of the biggest salary and pension revisions in India’s history. With the recommendations being applicable from January 1, 2026, the commission’s decision will have an immediate effect on a large number of employees and … Read more
India’s salary increments in 2025 look uncertain but at the same time not so bad. The average hike will be 8.8% as per the Deloitte India Talent Outlook 2025, which is lower than the previous year’s 9%. This is only slightly down but still positive since most companies are going to hire more people and … Read more
The demand for increased pension under the Employees’ Pension Scheme (EPS‑95) has been ongoing for a long time, but it has now come to a turning point in 2025. After the Supreme Court’s ruling on November 4, 2022, the Employees’ Provident Fund Organisation (EPFO) was told that they could allow those pensioners who were qualified … Read more
In India, fixed deposits (FDs) are still regarded as a safe and sound investment option by the elderly, along with regular income and guaranteed returns. The FD rates have declined because of the RBI’s repo rate cut to 5.5%, but in 2025, old folks are still able to take advantage of an additional 0.5% on … Read more
The formation of the 8th Central Pay Commission (CPC), which was officially set up in 2025, has already gained the interest of a wide range of government employees and pensioners. Unions have urged the government to merge Dearness Allowance (DA) with basic pay, which would in effect raise salaries and pension payments, as a result … Read more