Saurabh

According to the recently instituted changes made by the Employees’ Provident Fund Organisation (EPFO) in the economy of the country regarding the benefits and services provided for the members, they aim to keep the process more uncomplicated to provide better financial security and convenience for the employees. 1. Easy Provident Fund (PF) Transfers EPFO has … Read more

Important changes to India̵s pension architecture have surfaced by April 2025, particularly regarding the Old Pension Scheme (OPS) and the advent of the Unified Pension Scheme (UPS). This change aims to improve retirement security for government employees Updates on the Old Pension Scheme (OPS) The Department of Pension and Pensioners’ Welfare has put out a … Read more

In a very humane measure, on April 10, 2025, the Indian Government raised minimum wages in various key sectors to also include industries and services so as to improve the economic condition of the workers through the provision of wage compensation for inflation. Revisions Of Central Sphere-Wise Minimum Wages The amendments involved making adjustments to … Read more

This is a new announcement by the Modi-led cabinet which allows a rise in the Dearness Allowance (DA) for Central government employees and pensioners from 53 percent to 55 percent of basic pay and pension from the first of January 2025, earmarking the many for it: about 1.15 crore, which includes an estimated 48.66 lakh … Read more

The Unified Pension Scheme (UPS) is one of the major reforms in the Indian pension system to ensure a defined and assured retirement income to central government employees: a proposal that the Union Cabinet approved on August 24, 2024, and which goes into effect on April 1, 2025. The scheme has added some major features … Read more

Gratuity provides a measurable financial incentive to workers, encouraging them to complete long-lasting service. But, some new taxation policies were enacted in India that brought very significant changes in so far as the tax treatments of gratuity were concerned for government employees and private-sectored persons alike. Enhanced Gratuity Limits for Government Employees Going forward, that … Read more

The Employees’ Provident Fund Organisation (EPFO) has brought about some substantial changes in the use of Aadhaar and UAN activation that concern its members. Aadhaar Deleted as Proof of Date of Birth EPFO issued a statement in January 2024 that henceforth Aadhaar was no longer acceptable as proof for verification or updating of the date … Read more

The Indian government came forth with a new budget and the New Income Tax Bill for 2025 in August, announcing a comprehensive reform to the income tax system. These all come toward a simplified tax structure, reduced compliance costs, and above all, an economic boost. Revised Income Tax Slabs and Increased Exemption Limits The topic … Read more

The Union Cabinet’s decision, taken recently, has triggered an increase in Dearness Allowances (DA) and Dearness Relief (DR) for central government employees and pensioners by 2% for the year 2025. Thus, the present situation elevates DA from 53% to 55% of basic pay or pension. Effect on Salary and Pension For instance, a person whose … Read more