The 8th central pay commission has begun its consultation process and is holding discussions with employee representatives and stakeholders across various states before making its recommendations for the salaries and…
Category: Banking And Finance
75.5% of Indians lack a retirement plan, while 77% avoid financial advice: 1 Finance survey
India is steadily moving towards a retirement preparedness crisis, as a majority of middle-aged earners lack both structured financial planning and professional guidance, according to a recent survey conducted by…
Hindu Undivided Family: Who is eligible to form HUF and how much tax can be saved?
A Hindu Undivided Family (HUF) is a legally recognised and effective tax-saving structure under Indian income tax laws that helps families in income distribution and wealth management. Treated as a…
What happens when you close your loan early? All you need to know about prepayment charges
Loans are often essential during financial emergencies or major life goals such as buying a house, purchasing a car, or funding higher education. However, there may be times when your…
Haryana govt-IDFC First Bank fraud case: CBI files first chargesheet in alleged Rs 504 cr misappropriation case
The Central Bureau of Investigation (CBI) on Thursday filed its first chargesheet in the alleged misappropriation of Haryana government funds involving officials of , , Haryana government departments and private…
Fixed Deposits: Can you save tax on FD interest? Key rules every depositor should know
A fixed deposit (FD) may look simple: you put money in the bank, earn guaranteed interest, and collect the maturity amount later. But many investors are caught off guard when…
Dearness Allowance demands: Employee representative groups demand inflation-linked compensation, 4% hike — Details
DA demands: The 8th Central Pay Commission (CPC) has begun active discussions with stakeholders and invited applications from candidates for full-time and part-time consultant roles with the panel. It also…
8th Pay Commission: Check how the fitment factor could raise basic pay to over ₹68,000 and its historical trend
One of the most closely followed terms among Central government employees, pensioners and related stakeholders is the ‘fitment factor’. This term determines how the existing basic pay is converted into…
Why the rupee’s fall could make owning a home more expensive for you
The rupee’s sharp fall against the US dollar may soon begin affecting something far beyond foreign exchange markets, home loan EMIs. After slipping close to the Rs 97-per-dollar mark and…
In FY26, private banks’ return on equity moderates amid NIM pressure, treasury losses
Mumbai: The return on equity of several private sector banks moderated in 2025-26 as pressure on net interest margins and a fall in treasury income weighed on profitability, according to…