The proposed 2025 Fitment Factor Hike has already been the central government’s most eagerly awaited update among employees and pensioners. Under the expected 8th Pay Commission recommendations, this revision could escalate the basic salary, pension, and all associated allowances considerably. The fitment factor of 2.57 currently in use under the 7th CPC is the multiplier … Read more
The central government has granted its approval for a new hike in Dearness Allowance (DA) and Dearness Relief (DR) that will be applicable for the year 2025 and thus ensured a little more financial support for both the employees and the pensioners. With the latest announcement, DA has been increased by 8% and the new … Read more
In the year 2025, the Employees’ Provident Fund Organisation (EPFO) introduced rule changes that were very significant with the intention of making provident fund (PF) and pension processes less complicated for the employees all over India. Faster disbursement of pensions, easier withdrawals, and wider coverage are the main areas that the EPFO has improved on, … Read more
The 117-Day Fixed Deposit (FD) scheme of HDFC Bank for 2025, is nothing else but a short-term investment option meant for individuals who are through taking risks and just want to enjoy higher returns even if for a very short time. The scheme is popularly known as the 117-day FD and this tenure is about … Read more
Government of India has made the announcement of Unified Pension Scheme (UPS) 2025 which is a new age pension structure and is intended to central government employees as long-term financial security. This scheme which will come into effect from April 1, 2025, will be a combination of the Old Pension Scheme (OPS) and the National … Read more
In February 2025, Life Insurance Corporation of India (LIC) introduced the LIC Smart Pension Plan as a brand new retirement-oriented product. It is basically a “non-linked, non-participating, immediate-annuity” plan where you pay a lump sum amount as a premium once and start getting the guaranteed pension (annuity) right away, instead of investing in market-linked instruments. … Read more
The Government of India has made substantial changes to the Gratuity Rules effective from November 21, 2025. The purpose behind these modifications is to make the gratuity more extensive and thereby, be a greater help to more people in the workforce. The revised rules now allow more employees, including those on fixed-term contracts, working on … Read more
According to recent news, it is likely that the|minimum central government salary|will go very high with the 8th Pay Commission.| At the moment, the minimum basic salary is fixed at ₹18,000 and if a fitment factor of 2.46 is allowed then it can hike up to ₹44,280.|This step is taken to provide better financial security … Read more
The Indian Government has launched a revamped Home Loan Interest Subsidy Scheme for 2025, which provides a 4% interest subsidy to qualified borrowers who are looking to buy or construct their first house. This subsidy is intended to lighten the financial load on families of low and middle-income groups by reducing their effective loan interest … Read more
In the year 2025, the Post Office Public Provident Fund (PPF) continues to be one of the most reliable long-term savings schemes in India. Due to its backing by the central government, it guarantees returns and offers total tax exemption, thus being the best choice for those individuals who want a secure financial plan. PPF … Read more