The 7th Pay Commission is still impacting the finances of more than 5 million central government employees and 6.5 million pensioners. A recent update in July 2025 has increased optimism with the proposed Dearness Allowance (DA) hike. This is in accordance with inflation rates and the CPI-IW trends, working towards the mitigation of price increases. … Read more
Under the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN), the government provides ₹6,000 every year to eligible farmers. This amount is distributed in three equal installments of ₹2,000. As of now, no official date has been announced by the Modi government for the release of the 20th installment. But here’s what’s happening: Farmers are eagerly … Read more
If you’re looking for a safe investment option with guaranteed returns, the Post Office Time Deposit (TD) Scheme may be just what you need. Backed by the Central Government, this scheme offers fixed interest earnings and the security of a trusted institution. Let’s explore how depositing ₹1,00,000 can earn you a return of ₹14,663 and … Read more
Let’s walk through this together and break down what your new gross and net salary might look like—especially if your current basic pay is ₹25,500. We’ll also factor in allowances like HRA, TA, and the big one: the fitment factor. What’s a Fitment Factor? The fitment factor is what determines the jump in your basic … Read more
The Employees’ Provident Fund Organisation (EPFO) made sweeping reforms in 2025 that impact how more than 70 million salaried Indians will manage their retirement funds. With these reforms, EPFO aims to improve ease of compliance, enhance clarity, and automate and digitalise the services for the employees and the pensioners. The new system aims to ease … Read more
TDS Refund form: There’s good news for millions of salaried individuals and small-income earners across India. If your income is below the taxable limit and you’re tired of filing Income Tax Returns (ITR) just to get your TDS refund, a major relief might be on the way. The government is proposing a big change in … Read more
Thousands of contract employees working at Chandigarh’s PGI (Post Graduate Institute of Medical Education and Research) have finally received the news they were hoping for: a significant salary hike along with 19 months of pending arrears. Let’s break down this major update that impacts over 3,500 staff members—including sanitation workers, attendants, and security guards. What’s … Read more
A major transformation is on the horizon for India’s tax system. After 60 years, the existing Income Tax Act of 1961 is likely to be replaced with a brand new law — the Income Tax Bill 2025. The government will present a detailed report on this bill today in the Lok Sabha, marking a historic … Read more
In today’s uncertain world, we all want a financial backup we can trust. A plan that’s safe, consistent, and helps build a solid fund for the future—without taking on stock market risk or dealing with the complexities of fixed deposits. If that sounds like you, the Post Office Recurring Deposit (RD) Scheme might be just … Read more