This landmark ruling by the High Court has been hailed for the benefit of several millions of salaried workers across the country. The gift rules were altered and relaxation extended to some workers who are just at the age of retirement or withdrawing after a very long service, thus grant of enhanced payouts. It was … Read more
However, unlike earlier trends, Deloitte’s most recent survey on compensation trends foresees a slowdown in salary increments for India in 2025, with employees across sectors feeling worried. According to the study by the consulting giant, salary increments are expected to dip below double-digit growth witnessed from the past few years, implying a sort of setback … Read more
Giving relief to daily commuters and encouraging the use of certain vehicle categories, the Government of India has come out with the toll tax waiver policy for 2025. This new law is going to be an advantage to thousands of vehicle owners, especially those traveling for short distances or belonging to any of the listed … Read more
Borrower security and system transparency being most pertinent, the Reserve Bank of India (RBI) has issued directions to bring about changes in the penal interest applicable on EMI defaults charged by banks or by non-banking finance companies. Since June 15, 2025, banks cannot impose penal interest for any late payment of loan installments. Although they … Read more
For working professionals throughout India, it’s a huge development! A new provision is said to be introduced to allow EPF withdrawals through ATM and UPI platforms, making it easy for employees to get cash in case of emergencies without much delay. EPF Gets Even Easier In the past, there had to be an online portal … Read more
In 2025, the government of India gave further fillip to consumer rights under the FASTag regime, providing timely relief to a vehicle owner in a bout of troubles at a toll plaza. Another major change brought about by the new FASTag regulations is the ban on toll officials harassing or penalizing commuters on grounds of … Read more
In one noteworthy event, it is being considered to raise the retirement age for Central Government employees. Implications of such a measure would be far-reaching since most government employees are in several ministries and sectors throughout the country. This decision is being pondered with respect to the increase in life expectancy, shifting demographic pattern, and … Read more
This being a major relief to private-sector working masses, the government came out with the new EPS update guaranteeing a minimum monthly pension of ₹8,500 to eligible retirees. Thereby, thousands of disgruntled employees from all over India, reticent tilts awaiting an increase in post-retirement earnings, stand to benefit from this. Understanding EPS The EPS, or … Read more
In a gesture of welcoming goodwill toward easing the plight of daily commuters, the government has announced the decision to disallow toll charges on any vehicle within a 20-km radius of any toll plaza in the country. This step is considered a huge respite for thousands of demanding exemption from toll charges for using nearby … Read more