The Reserve Bank of India (RBI) has made a proclamation regarding the minimum balance regulations that are going to be applied to all bank customers, and these new rules will be taking effect as of December 10, 2025. The objective of the recent regulations is to unify banking operations across the nation and to make … Read more
The Employees’ Provident Fund Organisation (EPFO) is gearing up for one of its largest pension-related reforms under the EPFO 3.0 modernization programme. According to initial reports, the minimum monthly pension for EPS-95 retirees may be raised to ₹3,000 by the year 2025, granting substantial relief to the lakhs of pensioners who have been demanding revision … Read more
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
In a bid to enhance transparency, containment of counterfeit notes and better cash handling across the country, the Reserve Bank of India (RBI) will put into effect a new rule regarding ₹500 notes from 2025. The move has provoked a lot of debates among the public, traders and banks, so it is necessary to know … 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
Over the past few months, the government is said to be planning to raise the retirement age of central government employees in 2025 based on several postings on social media and unofficial sites. These rumors hint at the possibility of the superannuation age going up above the present 60 years, thus, permitting the staff to … 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