The Ministry of Finance has confirmed that all tax benefits currently available under the National Pension System (NPS) will now also apply to the Unified Pension Scheme (UPS). This move ensures fairness between the two schemes and makes UPS just as rewarding for retirement planning. Let’s break down what this means, especially if you’re planning … Read more
Worried about where to park your hard-earned money safely? With rising inflation and economic ups and downs, finding a secure investment that also gives decent returns feels impossible, doesn’t it? Good news – the Post Office Fixed Deposit (FD) Scheme might be your perfect solution. Backed by the Indian government, it offers better interest rates … Read more
In India, the toll collection service has taken a new turn in 2025 where the new regulations of FASTags have been conducted to make it effective, secure and able to ensure easier experience to the commuter. Having gone digital, tolling has become an expected norm and National Payments Corporation of India (NPCI) and NHAI have … Read more
Worried about fluctuating markets? Fixed deposits might just bring you some peace of mind—especially if you’re a senior citizen. Unlike shares or mutual funds, FDs offer guaranteed returns. And here’s some good news: a few select banks are now offering interest rates above 8.50% exclusively for senior citizens. Why Do Senior Citizens Get Higher FD … Read more
That’s especially true for those relying on their Employees’ Provident Fund (EPF) as a long-term financial safety net. But here’s the reassuring news: the EPF interest rate for 2024–25 is expected to remain unchanged at 8.25%. Repo Rate Cut Triggers Speculation Recently, the RBI reduced the repo rate by 0.25%, raising concerns across the board. … Read more
There’s growing buzz that the 8th Pay Commission may finally be announced soon. According to sources, the fitment factor—a key multiplier used to revise salaries—could see a major hike. This factor was last set at 2.57 under the 7th Pay Commission. In the upcoming 8th Pay Commission, it might rise to 2.86, leading to a … Read more