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Discussions regarding the 8th Central Pay Commission (8th CPC) have intensified among more than 1 crore serving employees and pensioners of the Central Government. Following the demands put forward by the employee organizations and the National Joint Consultative Mechanism (NC-JCM) to the government, the biggest jump in the salaries of …
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Capping may be imposed on the maximum price of sugar! Wholesale prices fell by ₹ 500, shares rose by 10% due to government intervention and supply action: Know the full inside story Sugar Price Capping and Stock Rally
The Central Government has intensified preparations to take multi-level policy steps to control the sudden rise in retail and wholesale prices of sugar ahead of the upcoming festive season. According to reports coming from market sources and policy circles, to prevent unfair profiteering in the domestic market, imposition of indicative …
Read More »10 years of UPI are unmatched: India’s indigenous payment network has come out of the pocket and has become a global fintech leader; Understand the whole story of success from figures 10 Glorious Years of UPI Digital India
In 2016, when the National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI) started an experimental pilot project of ‘Unified Payments Interface’ (UPI) with just 21 member banks, perhaps no one thought that this Indian innovation would forever change the way digital transactions are conducted across …
Read More »New update for central employees: How much money will you get on retirement in CGEGIS? New benefit table implemented for 3 months with 7.1% interest CGEGIS Table of Benefits 7.1 Interest Rate
For Central Government employees, the Department of Expenditure (DoE) of the Ministry of Finance has issued an important order regarding the Central Employees Group Insurance Scheme i.e. CGEGIS-1980 (Central Government Employees Group Insurance Scheme). The new ‘Table of Benefits’ of the Savings Fund has been made effective for a period …
Read More »SIP Calculation: Monthly savings of ₹ 6,000 and retirement will have ₹ 1 crore in hand! Note the exact formula of compounding to make a ‘crorepati’ SIP Crorepati Formula 6000 Monthly Investment
Often people think that to become a millionaire or to create a huge corpus of Rs 1 crore at retirement, they have to invest a huge amount every month. However, financial discipline and planning started at the right time makes achieving this big goal very easy. If you start a …
Read More »Supreme Court’s big decision on promotional post ceiling before 8th Pay Commission: Break on MACP if promotion is given, know what will be the effect on central employees Supreme Court Judgment on MACP Promotional Ceiling
Amidst the ongoing discussions regarding the formation of the 8th Central Pay Commission (8th CPC) and pay matrix discrepancies, the Supreme Court of India has given a major and decisive verdict on a long dispute related to financial upgradation of central employees and railway personnel. The apex court has clarified …
Read More »Is PF deducted from salary every month? EPFO told how to know whether the employer has deposited the money or not: Know the deadline of 15th and 4 easy ways to check How to Check EPF Deposit by Employer Rules
The details of Provident Fund (PF) deduction are recorded in the salary slip received every month by the employees working in private and organized sector, but many times the employees are not able to know whether the company (employer) has actually deposited that money in the Employees Provident Fund Organization …
Read More »On ESOPs worth ₹ 1 crore, you will get only ₹ 59 to ₹ 68 lakh in hand: Know where Rs 30-40 lakh are deducted, understand the complete mathematics of double tax ESOP Taxation India In Hand Calculation
Employee Stock Ownership Plan for employees working in startup and corporate world i.e. ESOPs It is considered the biggest means of wealth creation. When an employee sees a package of ESOPs worth ₹1 crore in the offer letter or their shares are valued at ₹1 crore in a company’s buyback/IPO, …
Read More »UP Fuel Price Today: New rates of petrol and diesel released in UP, know the latest price of 1 liter oil in your city including Lucknow, Kanpur, Noida and Varanasi. UP Petrol Diesel Price Today
Amidst the ongoing fluctuations in crude oil prices in the international market, national oil marketing companies (IOCL, BPCL, HPCL) have released the latest rates of petrol and diesel for all the major districts of Uttar Pradesh. New fuel prices are decided every day at 6 am under the ‘Dynamic Fuel …
Read More »Trump took out ‘dollar’ weapon to suffocate Iran: Crude oil rises above 93 dollars, know what will be the impact on India and the world Trump Iran Sanctions Crude Oil Spike
Amidst the deepening geopolitical tension in West Asia and the ongoing standoff between America and Iran, the global energy market is once again witnessing a major upswing. A huge surge in crude oil prices has been recorded in the international market after US President Donald Trump announced to use the …
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