The government has given the green signal for a 3% increase in the Dearness Allowance (DA) of the central government employees and the Dearness Relief (DR) for pensioners.Keeping this in mind, the DA and DR have been increased from 55% to 58% and their new rates would be effective from July 1, 2025. This decision … Read more
The New Pension Rules 2026 are intended to disrupt the entire pension and social assistance mechanism with a market-oriented approach which is supportive to the retired persons, widows, and disabled persons. The reforms are focusing on the monthly pension increase, the expansion of eligibility, the application process, and the system delivery’s total efficiency. The government … Read more
A new home loan interest subsidy programme has the government launched to assist first-time homebuyers from low- and middle-income families. The participants of this programme can get a 4% interest subsidy on their home loan, thus making the monthly EMIs really affordable. This program is part of the modified Pradhan Mantri Awas Yojana Urban (PMAY-U) … Read more
For a long time, the Employees’ Provident Fund Organization (EPFO) pensioners covered by EPS-95 scheme have been receiving a minimum monthly pension of ₹1,000. However, this sum has become quite inadequate for the elderly due to the high inflation rate, the necessity of expensive medical treatments, and the intensifying financial burdens of living. The associations … Read more
The Canara Bank 310-day FD is a short-term fixed deposit plan that is specifically made for the people who are not saving their money in the long term but still want to receive a higher interest than the savings account. It requires a minimum investment of only ₹1,000 and there is no maximum limit, thus … Read more
The Central Government has officially announced the increment of the Dearness Allowance (DA) from 55% to 58% with effect from 1st July 2025. The increase of 3% is a part of the final settlements of the 7th Pay Commission. The government has decided to grant financial support beyond the regular salaries to its employees and … Read more
HDFC Bank’s 450-Day Fixed Deposit scheme has become a very good option for medium-term investment in case one is looking for safe and guaranteed returns. This FD has a period of about 15 months, thus providing a good mix of short-term and long-term deposits. It is more so a good option for the investors who … Read more
The SBI 36-Month Fixed Deposit Scheme is the State Bank of India’s most favored medium-term investment option. Although this deposit scheme is often termed “a new scheme,” it is simply an already existing 3-year fixed deposit tenure, which happens to be very popular among SBI’s fixed deposit offerings. Three-year duration is preferred as it strikes … Read more
The Employees’ Pension Scheme (EPS-95), which is under the purview of the EPFO, is all geared to receive a major revamping in the year of 2026, as the talks regarding the minimum pension hike gain momentum. The pensioners under this scheme have been consistently asking for a huge hike in the already existing ₹1,000 monthly … Read more
The government initiative of Senior Citizens Pension 2025 on the whole, gives hope to the senior citizens across the nation. Among the elderly population, the government is preoccupied with introducing new measures that will not only open doors to welfare schemes but also provide better economic support and stability for the ones who are 60 … Read more