The anticipation among central government employees for the announcements concerning the possible inclusion of their salaries under the bracket of the 8th Pay Commission is rife. One of the hottest topics doing the rounds is a considerable upward revision of the minimum basic salary, perhaps beyond ₹51,000 a month. If it does happen, it would … Read more
After exorbitant increases in prices of essential commodities, the Indian government is considering revising the pension amount smoothly from ₹1,000 to ₹7,500 as the minimum pension under the Employees’ Pension Scheme (EPS). An increase in the pension amount would certainly relieve the financial burdens of 3.6 million pensioners suffering on account of lower pensions due … Read more
The announcement of the 8th Pay Commission has bolstered hopes for central government employees and pensioners throughout India. The Union Cabinet approved it specifically on January 16, 2025, and it will reward approximately 50 lakh employees and 65 lakh pensioners by reviewing the salary structures and benefits, an important step toward improving their financial well-being. … Read more
As an important milestone for lakhs of central government employees, the government has formally set into motion the process of NPS-to-UPS transition starting today. The current move is part of a far-reaching reform aimed at enhancing pension security for government personnel and achieving parity between old pension scheme (OPS) and NPS. What Is The Unified … Read more