In India, reaching a take-home salary of around Rs 50,000 a month can be considered as an important financial milestone. It usually means basic expenses are covered, with some money…
Category: Banking And Finance
8th Pay Commission: Employee bodies to meet soon to finalise salary hike demands
Central government employees and pensioners, who have been waiting for clarity on the 8th Pay Commission and the next round of salary revision, may soon see movement on the issue.…
India Inc. projects 9.1 pc salary hike in 2026: Report
New Delhi: Corporate India is expected to roll out an average salary increase of 9.1 per cent in 2026, with Global Capability Centres (GCCs) leading the growth in pay, a…
PM RAHAT scheme: Who and what is covered under the Rs 1.5 lakh benefit? Explained
New Delhi: Prime Minister Narendra Modi this week approved the launch of the PM RAHAT (Road Accident Victim Hospitalization and Assured Treatment) Scheme. The govt scheme aims to ensure that…
Company refusing to relieve despite valid resignation? Kerala High Court says it is bonded labour
New Delhi: The Kerala High Court recently held that an employer cannot invoke financial hardship to compel an employee to continue in service. The Court observed that refusing to accept…
Fake ‘Pensioner Card’ alert: Bank of Baroda issues warning for customers– Here’s how to stay safe
New Delhi: Bank of Baroda has issued an important alert for its customers, especially senior citizens and pensioners, over a surge in digital fraud cases. The bank warned that scammers…
Will your PF Interest rate increase or decrease? Crucial EPFO meet on March 2
New Delhi: The retirement fund body EPFO is likely to announce the rate of interest on employees’ provident fund (EPF) deposits for the financial year 2025-26 with two-day meeting beginning…
8th Pay Commission: Pay revision, pension changes and fiscal impact explained
The upcoming 8th Pay Commission is expected to replace the 7th Central Pay Commission, which came into force in 2016. Once implemented, the new Commission will play a key role…
EPFO 3.0 coming soon: New platform, core banking system and regional language support
The Employees’ Provident Fund Organisation (EPFO) is preparing for its , reported The Indian Express. After easing withdrawal rules and planning a UPI-based withdrawal option, the retirement fund body is…
HIP, TIP before SIP: Experts take on smart financial planning
For many investors, saying “I’ve been doing SIPs for years” feels like a badge of financial discipline. Monthly investments have become a popular way to build long-term wealth. But experts…