Major Update on DA Arrears: 18 Months Pending for 1 Crore Central Employees

Major Update on DA Arrears: 18 Months Pending for 1 Crore Central Employees

Employees and pensioners working under Central government establishments have been grappling with significant financial and emotional challenges. The delay in disbursing Dearness Allowance (DA) and Dearness Relief (DR) for 18 months during the COVID-19 pandemic has exacerbated their difficulties. This delay, stretching back to the peak of the pandemic, has left many individuals feeling unsupported, … Read more

Stampede at Maha Kumbh on Mauni Amavasya, Fear of Casualties

Stampede at Maha Kumbh on Mauni Amavasya, Fear of Casualties

A devastating stampede-like situation unfolded at the Sangam in Prayagraj during the Maha Kumbh Mela on the auspicious day of Mauni Amavasya. The tragic event occurred in the early hours of Wednesday, leading to multiple casualties and numerous injuries. Overwhelmed by the sheer size of the crowd gathering for a holy dip, the incident exposed … Read more

RBI’s New CIBIL Score Rules 2025: Updates to Be Issued Every 15 Days

RBI’s New CIBIL Score Rules 2025: Updates to Be Issued Every 15 Days

In 2025, the Reserve Bank of India (RBI) implemented a series of robust guidelines to enhance the transparency and efficiency of CIBIL score management. These reforms aim to empower individuals by ensuring quicker updates, prompt notifications, and improved accessibility to their credit history. By understanding these changes, borrowers can make well-informed financial choices and exercise … Read more

Revised DA Formula for Central Government Employees: What You Need to Know

Revised DA Formula for Central Government Employees

The Confederation of Central Government Employees and Workers is calling for a change in how dearness allowance (DA) is calculated for central government employees and pensioners. Currently, there is a noticeable disparity in the DA calculation methods between different government sectors, with some employees receiving better and more timely adjustments. The Confederation, representing approximately 7 … Read more

Income Tax Updates: Major Rule Changes in the Last 6 Months You Should Be Aware Of

income tax updates

The Indian income tax landscape has experienced significant changes in the past six months. From simplifying processes for senior citizens to taxing emerging sectors like cryptocurrencies and online gaming, these shifts are designed to promote compliance, streamline tax filings, and ensure better revenue collection. Let’s take a look at some of the major changes that … Read more

Income Tax Department Takes Action on Fake Rent Receipts: What You Need to Know

Fake Rent Receipts Under Income Tax Scrutiny

The Income Tax Department has recently stepped up its efforts to identify and combat fraudulent practices, particularly the submission of fake rent receipts to claim tax deductions. This growing issue has garnered the attention of authorities, as taxpayers look for ways to reduce their tax burden through deceptive means. Fake rent receipts can result in … Read more

Key Cash Transactions the Income Tax Department Is Watching in 2025

Key Cash Transactions the Income Tax Department

The Income Tax Department has significantly increased its focus on high-value cash transactions to prevent tax fraud and money laundering. Financial institutions such as banks, real estate agents, mutual fund firms, and stock brokers are mandated to report any substantial cash dealings. Neglecting to comply with these reporting requirements can lead to serious legal implications. … Read more

7th Pay Commission Update: 53% DA to Be Merged with Basic Salary – Key Benefits Explained

7th Pay Commission Update: 53% DA to Be Merged with Basic Salary – Key Benefits Explained

A significant financial development is on the horizon for central government employees as the government is considering merging the 53% Dearness Allowance (DA) with the basic salary under the 7th Pay Commission. This crucial move is expected to positively impact millions of employees by restructuring salaries and increasing allowances. In this article, we will explore … Read more

Government Raises Retirement Age to 65 in 2025: All You Need to Know

Government Raises Retirement Age to 65 in 2025: All You Need to Know

In a historic policy shift, the government has raised the retirement age for employees from 60 to 65 years. This strategic decision is designed to utilize the invaluable expertise of senior professionals, ensuring extended job security and financial stability for them. However, the move has sparked a spectrum of opinions, reflecting both optimism and concerns. … Read more

Jio Launches Affordable Voice-Only Plans: Enjoy Unlimited Calling for Up to 1 Year

Jio Launches Affordable Voice-Only Plans: Enjoy Unlimited Calling for Up to 1 Year

Jio, India’s leading telecom provider with over 460 million subscribers, has launched two voice-only prepaid plans that prioritize affordability and essential services. These plans, introduced in response to TRAI’s guidelines promoting cost-effective telecom solutions, aim to serve users who primarily rely on calling and SMS. Let’s explore these plans in detail, understand their features, and … Read more