The recent changes to gratuity rules by the Indian government are advantageous for those salaried employees.Initially given as a token of appreciation to employees for their services, gratuity is now more liberal in legal terms. According to the new rules, if you are receiving a monthly salary of ₹35,000, you could be entitled to a … Read more
EPFO Pension Update: On the way to a major social security reform, the EPFO again made a big announcement involving the hike in monthly pension for pensioners under EPS, 1995. The decision is largely being considered as financially liberating for the workers after relentless demand from the pensioners’ associations and other public representatives. In view … Read more
8th Pay Commission Update: The government has taken a step toward implementing the 8th Pay Commission, majorly impacting the salary, pension, and DA revision of over 1 crore central government employees and pensioners. This news comes like a wave of relief and excitement among hundreds of thousands of families eagerly awaiting their news on the … Read more
8th Pay Commission: Before its expected rollout, the 8th Pay Commission has started to gather steam as a duel of bargaining styles, ever so enticing from millions of potential central government employees. Of particular interest in the new pay structure is the fitment factor, which by design directly intervenes in salary revision procedures. No official … Read more