Money rule changes from April 1 2025: March 2025 is coming to an end, ushering the beginning of a new financial year from April 1. The financial year 2025-26 will start from April 1, affecting citizens and taxpayers across India. New income tax rule changes, credit card rule change, UPI rule change and a host…
With the UPS (Unified Pension System) soon to become a reality in the next financial year, several government employees may decide to opt out of National Pension System (NPS) for UPS. It is noteworthy that the UPS will for the time being be open only for the central government employees, which means the salaried employees…
As you are aware that the Union Government is set to roll out the Unified Pension System (UPS) from April 1, 2025 to give fixed, inflation-linked pensions to subscribers. As of now, the scheme is meant only for 23 lakh central government employees and the state government employees are permitted to opt for them. Wealth…
In a significant decision, the Prime Minister Modi-led government, on Saturday, August 24, announced the Unified Pension Scheme (UPS) for central government employees. The new scheme, which kicks in from the next fiscal year, assures a pension of 50 percent of the basic salary for those who joined the service after January 1, 2004. U-turn…
Rumours are doing the rounds that Assembly elections in Maharashtra may not be announced until the state government – led by Mahyuti – releases all four instalments of the Mukhyamantri Majhi Ladki Bahin Yojana. If this happens, the elections to the 288 seats in Maharashtra Assembly could take place in December, as the fourth instalment…
Prime Minister Narendra Modi-led Union government has approved the Unified Pension Scheme (UPS) for government employees. The latest scheme assures pension of 50 per cent of the basic salary for those who joined the service after January 1, 2004. Modi government says it is, by this scheme, fulfilled a long-pending demand of government employees. Employees…
Prime Minister Narendra Modi government’s decision to approve the Unified Pension Scheme (UPS) for government employees has a triggered yet another political storm with the ruling Bharatiya Janata Party (BJP) and Opposition led by the Congress party exchanging barbs over the decision. The slugfest over the decision approved on August 23 has refused to die…
The Government of India has announced the Unified Pension Scheme (UPS), a new pension plan for employees working under the government. The new scheme will provide an assured pension scheme to benefit nearly 90 lakh pensioners under the central government. The central government launched the UPS to cater to the demands of the employees regarding…
Prime Minister Narendra Modi on August 20 directed the Department of Personnel and Training (DoPT) to cancel an advertisement issued by the Union Public Service Commission (UPSC) for the appointment of joint-secretary-level officers and other key positions through the lateral entry process. The U-turn by Modi government came amid criticism from the Opposition and a…
The Prime Minister Narendra Modi-led central government has asked the Union Public Service Commission (UPSC) to cancel its advertisement for lateral entry into bureaucracy, making a U-turn on the issue amid criticism from the Opposition and a few Bharatiya Janata Party (BJP) allies in the National Democratic Alliance (NDA). PM Modi believes that the move…
