In a fresh clarification in Parliament, the government has indicated that there is no immediate proposal to calculate Employees’ Pension Scheme (EPS-95) pension on the basis of actual basic salary ...
Will govt revise DA formula? Big salary, pension impact explained for central employees (Image: AI-generated illustration for representational purpose) 8th Pay Commission News: The demand to change ...
EPF retirement age is 58, not 60. EPF earns interest for 3 years post-retirement at age 58. EPS pension starts at 58, regardless of working status. Did our AI summary help? For many salaried employees ...
A Parliamentary panel on Tuesday (March 17, 2026) recommended an urgent, comprehensive review of the ₹1,000 minimum monthly pension under the Employees’ Pension Scheme, 1995, to raise it to a more ...
Financial planning: Planning for your retirement must take into consideration rising costs, future medical and emergency needs, and lifestyle inflation. Thus, it is advisable to have some allocation ...
There’s no universal safe or danger level. Ideal current ratios vary by industry. A current ratio of 1.0 means the company has $1 in current assets for every $1 in current liabilities. A ratio below 1 ...
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Will the EPF pension increase? Sustenance difficult on ₹1,000; committee recommends immediate hike
Is an EPF pension hike now imminent? A key parliamentary committee has categorically stated that it is difficult to make ends meet on a monthly pension of ₹1,000, and that this amount must be ...
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Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Economic order ...
David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.
Pensions and Isas are the twin foundation stones of most people's personal wealth. Each has its own tax rules and benefits but if you know how to use them together in the perfect combination, they can ...
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