The Public Provident Fund (PPF) is one of the most trusted long-term savings schemes in India as it offers tax-free returns and sovereign guarantees. The current rate of interest by the government as of July-September 2025 is 7.1% per annum. The disciplined savings culture instilled by the scheme’s 15-year lock-in period is beneficial, and the … Read more
The Supreme Court of India recently made a groundbreaking decision, allowing a significant modification to the Employees’ Pension Scheme (EPS-95) by increasing the minimum monthly pension to ₹7,500 from the previous amount of ₹1,000. This decision, which has brought joy to many pensioners in India, was announced in May 2025. This change comes almost four … Read more
The central government is rushing to set up the 8th Pay Commission with hopes of implementing it by 1 January 2026. The Defence and Home Ministries have already been consulted; however, the final notification and member appointment is yet to be done. With everything reported so far, it is expected that the salary hike will … Read more
In a major relief to finances, the Government of the Centre has confirmed the 12% increase in Dearness Allowance (DA) to be effective from July 1, 2025. This change will increase the DA from 50% to 62% of basic pay which will impact more than 5 million employees and 6.5 million pensioners. The increase is … Read more
Central government employees are due to receive another increase in their Dearness Allowance (DA) under the 7th Pay Commission. Beginning in July 2025 the rate, which currently sits at 55%, is likely to increase by 3% to 4% which would raise the rate to 58%-59%. Additionally, these increases will continue to be made in consideration … Read more
The Employees’ Provident Fund Organisation (EPFO) has made changes in 2025 to allow easier access to fund withdrawals and make them more member-friendly. Perhaps the most awaited one is the full PF withdrawal every 10 years which is expected to benefit early retirees and those looking to shift careers. This is indeed a major change … Read more