Consequently, government has not done much differently from last year to have big decisions taken continuously this year for central employees. Once approval of 8th pay commission has come, there is bumper tax exemption and now the big update is on dear allowance hike and pending DA arrears. Truly, this is the year keeping great … Read more
EPFO Big Update : EPF the account open by EPFO . For a salaried person, EPF is the scheme under which the employer and employee contribute for the payout of the PF amount. Maximum EPF account holders are not telling much about the PF deduction. If your monthly salary also gets deducted and that is … Read more
Earlier in this year, announcing the creation of the 8th Pay Commission by the central government was a historical boon for the central employees. Further, in the budget this year, everything else was much relief to taxpayers income tax free up to 12 lakhs, and now another present is for employees. This is what will … Read more
A huge good news comes out about the DA of crores of employees and pensioners of the central government along with its common citizens. After reliefs for the farmers, now it is time for the central government to gift increase in dearness allowance (DA) and dearness relief (DR) to more than 1 crore employees and … Read more
Fitment Factor Hike Latest Update: Central Government employees and pensioners are most eager to get their salaries increased after the approval of the Eighth Pay Commission. An update recently stated that the fitment factor would now be 1.92. Applying which the basic salary of an employee would increase by 92 percent. To understand the complete … Read more
The applications process for implementing the Higher Pension Scheme in the Employees’ Provident Fund Organization (EPFO) will be completed by the end of March this year. Strong indications show that members who apply for maximum pension in EPF are going to start receiving their dues from April-May this year. The Executive Council of EPFO has … Read more
The Central Government from time to time makes important announcements for its employees. The latest one was the announcement of the 8th Pay Commission for employees a few weeks ago, while the government has yet to make any official announcement in this regard. The concerned government has lately given some updates. As per this, the … Read more
The Employees’ Provident Fund Organization (EPFO) and the Employees’ Pension Scheme 1995 (EPS-95) play a significant role in providing social security for employees in India after their retirement in 2025. In this year, several changes could almost be made in the schemes, creating a better impact for millions of pensioners. This article gives current updates … Read more
Be likely going to increase minimum pension under Employees’ Pension Scheme (EPS) by the Employees’ Provident Fund Organisation. Such move would bring that little solace for pensioners who have for long been crying for an increase in their monthly allotments. The approved increase in the minimum pension will lead to the benefits for retired thousands … Read more
7th Pay Commission Updates: For those who are presently government employees, the news is of great use today. It has been reported that central employees are going to get a big gift of dearness allowance before Holi now. Let’s know all from the news as to exactly how much will increase in dearness allowance and … Read more