The Indian taxation system is going to completely metamorphose with the Income Tax Rule 2025. It seeks to make a complete overhaul of the compliance environment and enhance transparency in order to expand the tax base. It is expected that such a drastic change will affect an entire section of the income brackets, namely salaried … Read more
With inflation again on the rise and focusing different bodies’ eyes on the pensions of the pensioners, the proposed ₹9000 minimum monthly pension under the Employees’ Pension Scheme (EPS-95) has revived the cause in 2025. Employee unions and pensioners’ associations have intensified pressure on the governments and the Employees’ Provident Fund Organisation (EPFO) to act … Read more
There is a complete overhaul in the calculation of Dearness Allowance (DA) for central government employees and pensioners, which is now likely to be brought about by the 8th Pay Commission. As the inflationary pressures are mounting and as well as cost of living benefits, the government has put its minds on finding a new … Read more
The long-anticipated dearer allowance (DA) hike has arrived after much wait and has recorded a 4% hike for all Central Government employees and pensioners effective May 2025 onwards this provision will be applicable for more than 50 lakh employees and 65 lakh pensioners, who will benefit from this opportunity to cope with the increased cost … Read more
In a strange turn of events, several employees of the Central Government have been left disappointed after the latest news about the fitment factor and salary revision. As per official sources, while the Dearness Allowance is merged into the basic salary, there will be no such fitment factor hike in 2025. The entire message has … Read more
Recently, the government made a big announcement about the Dearness Allowance (DA) for central government employees, promising to introduce a big change here. In the latest move, the DA is supposed to get merged with the basic salary, and from there onwards, the future DA increments will start calculation from a zero base. Although this … Read more
According to the central government’s major decision, a rise in Dearness Allowance (DA) and Dearness Relief (DR) for 50 lakh employees and 65 lakh pensioners has been approved. The rise is likely to be around 4%, which will take the total DA approximately to 56% in the 7th Pay Commission. This measure was taken to … Read more
In what can be termed a major announcement pleasing to the hearts of lakhs of government employees across the country, it has been on record that a DEARNESS ALLOWANCE DA increase has been affected by 15%. This long-awaited decision is being viewed as a massive boost to financial recovery, more so because inflation and the … Read more
In a significant development for millions of central government employees, the reports say that Dearness Allowance (DA) is possibly getting increased to 56% within the framework of the 7th Pay Commission. It’s really going to be a boon for employees and pensioners exposed to rising inflation and living standards. Currently, 50% DA is given to … Read more
Only 200 days are remaining to official advertisement for the launch of the 8th Pay Commission. This has become an important event in India for government employees because it is expected to bring in a big salary boost that will be significant for millions of central and state government employees as well as pensioners. The … Read more