Supriya 
Introduction The Union Budget 2025 has delivered substantial income tax relief aimed at easing financial burdens for the salaried middle class and senior citizens in India. With rising living costs, these updates focus on putting more money in people’s pockets through revised slabs, higher rebates, and simplified TDS rules under the new tax regime. For … Read more
Introduction Millions of private sector retirees in India rely on the Employees’ Pension Scheme (EPS-95) for financial support after years of hard work. Recently, viral messages and social media posts have claimed a major hike, raising the minimum EPS-95 pension to ₹7,500 per month. While pensioners’ groups continue to push strongly for this increase—citing inflation … Read more
Introduction Bank customers across India are buzzing about recent reports claiming the Reserve Bank of India (RBI) has rolled out new minimum balance rules for savings accounts, effective December 31, 2025. These rumored changes include standardized average monthly balances of ₹3,000 for urban areas and ₹1,500 for rural/semi-urban regions, aiming to bring uniformity and reduce … Read more
Introduction The Reserve Bank of India has introduced significant updates to CIBIL score guidelines and credit reporting practices, effective primarily from January 1, 2025. These RBI revisions aim to enhance accuracy, transparency, and timeliness in credit information, directly impacting loan approvals, interest rates, and borrower experiences. Key changes include bi-monthly reporting by lenders, faster dispute … Read more
Introduction Central government employees received welcome news in 2024 when the retirement and death gratuity ceiling was raised from ₹20 lakh to ₹25 lakh, with benefits continuing seamlessly into 2025. This automatic 25% hike, triggered by Dearness Allowance (DA) reaching 50%, strengthens post-retirement financial security amid rising living costs. Whether you’re nearing superannuation or planning … Read more
Introduction The PAN Aadhaar linking deadline of December 31, 2025, has sparked urgency among taxpayers, with the Income Tax Department warning of a ₹1,000 fine, inactive PAN, and complete transaction blocks starting January 1, 2026. This mandate, outlined in Notification No. 26/2025 (April 3, 2025), targets individuals who obtained PAN using Aadhaar Enrolment IDs before … Read more
Introduction Many families and students welcome the public holiday on December 27, as schools, colleges, and government offices remain closed in several states across India. Governments announced this holiday to mark Guru Gobind Singh Jayanti, the birth anniversary of the tenth Sikh Guru, celebrated with devotion, prayers, and processions. This gazetted or restricted holiday in … Read more
Introduction Recent buzz around LIC launched a new pension scheme promising around 11,000 rupees per month with government guarantee has caught attention, especially from retirees seeking stable income. The viral claim largely refers to revised annuity rates in LIC’s Jeevan Shanti (Plan 858), an immediate annuity plan where a one-time investment can yield approximately ₹11,000 … Read more
Introduction The Senior Citizen Savings Scheme (SCSS) stands out as a government-backed investment designed specifically for retirees seeking secure, regular income. With a competitive 8.2% interest rate in 2025 and quarterly payouts, SCSS helps senior citizens earn up to ₹2.4 lakh annually by maximizing the ₹30 lakh deposit limit. This risk-free option offers capital protection, … Read more
Introduction Central government employees and pensioners eagerly anticipate the fitment factor hike 2026 under the newly constituted 8th Pay Commission, which could deliver meaningful boosts to basic pay, retirement benefits, and key allowances. Formed in November 2025 with an 18-month timeline, the commission reviews compensation amid inflation pressures and economic growth. While no official fitment … Read more