The Post Office Time Deposit (TD) Scheme is an excellent savings option for individuals seeking secure investments with guaranteed returns. Operated by India Post, this scheme functions similarly to Fixed Deposits (FDs) in banks, but with more attractive interest rates. With terms ranging from 1 to 5 years, depositors can earn up to 7.5% interest, … Read more
Dearness Allowance (DA) is a crucial financial component that provides relief to central government employees and pensioners by adjusting their income to keep pace with inflation. The Indian government revises DA bi-annually, in January and July, using the Consumer Price Index (CPI) to determine the appropriate increase. The upcoming DA hike for 2025 is highly … Read more
The Union Budget 2025, scheduled to be presented by Finance Minister Nirmala Sitharaman on April 1, 2025, is generating anticipation, particularly among pensioners and salaried individuals. One of the major expectations is the proposed revision of the Employees’ Provident Fund Organisation (EPFO) pension, which currently stands at a minimum payout of ₹1,000 per month. Amid … Read more