The Union Budget 2025 announced various modifications in the Income Tax Act which are going to be effective from April 1, 2025, for the financial year 2025-26. On the other hand, these updates will also include simplified tax filing, Elizabeth compliance by digital means and increased transparency at the same time. The customers of major … Read more
Starting in January 2025, the Employees’ Provident Fund Organisation (EPFO) has introduced new rules for the Employees’ Pension Scheme (EPS-95) pensioners. These new rules will bring about a remarkable shift in India’s 78 lakh pensioners’ lives by making them more transparent, simpler to withdraw, and still ensuring their long-term financial security. What’s New in 2025? … Read more
The Reserve Bank of India (RBI) has come up with new rules concerning CIBIL scores which will come into effect on January 1, 2025. The basic objective of these new rules is to bring about a change in the Indian credit system for the better in terms of transparency, accuracy, and fairness. The new rules … Read more
The Post Office Fixed Deposit (FD) scheme has been renewed for the year 2025, and it continues to provide attractive interest rates and secure returns for investors all over India. It is a saving option that is still trusted by the people of urban and rural areas, backed by the Government of India. It is … Read more
The announcement of a series of new schemes by Prime Minister Narendra Modi has paved the way for Diwali 2025 celebrations with a focus on agriculture, rural development, and youth empowerment. Through these new initiatives, the government plans to provide assistance to farmers in more than 100 districts and give financial support to the young … Read more
The Union Cabinet has given its nod for a 3% increase in the Dearness Allowance (DA) for the central government workers and pensioners coming into force from July 1, 2025. The overall DA percentage will be 58% of the basic salary, which is an increase from the previous 55%. The announcement made just before the … Read more
Government jobs in India imply security but at the same time the pay is very often not at par with the increased living expenses. The 8th Pay Commission is a $dependent upgrade that has over 50 lakh central workers and 65 lakh pensioners over the moon! Initiated in January 2025, it is going to change … Read more
Major changes on the withdrawal rules by the EPFO in 2025 are aimed at giving preference to short-term financial needs but don’t neglect to guarantee long-term retirement security. Member’s access to their EPF and EPS funds is affected by these updates particularly during unemployment or emergencies. Full Withdrawal Now Comes with Conditions As per the … Read more
Diwali is not only about the festival of lights and sweets but also about making a wonderful financial decision. The Life Insurance Corporation (LIC), which is trusted by the people, made the announcement of two new products i.e. LIC Jan Suraksha and LIC Bima Lakshmi on October 14, 2025, just before the festival season. The … Read more
An important statement regarding ₹500 notes was given by the Reserve Bank of India (RBI), which would come into effect on November 1, 2025. While the rumors were to the contrary, ₹500 notes will remain in circulation and the RBI is not planning to pull them out. On the other hand, the RBI has come … Read more