Pi Network, a decentralized digital currency initiative, continues to draw attention thanks to its mobile-first mining approach and a thriving global community. As of May 2025, anticipation around the transition to the open mainnet remains high. The project, spearheaded by the Pi Core Team, is at a critical juncture as it prepares to shift from … Read more
In a significant move towards securing the financial future of Central Government employees, the Government of India has officially announced the implementation of the Unified Pension Scheme (UPS) starting April 29, 2025. This new pension model is designed to bridge the gap between the Old Pension Scheme (OPS) and the National Pension System (NPS), combining … Read more
The Employees’ Pension Scheme (EPS), initiated in 1995 and often referred to as EPS-95, was introduced to ensure post-retirement financial security for employees. Managed by the Employees’ Provident Fund Organisation (EPFO), the scheme currently provides a minimum monthly pension of Rs 1,000 for members who have contributed for at least 10 years. This threshold was … Read more
EPS-95 was introduced by the EPFO in 1995 to ensure retirement benefits for private sector workers employed in establishments with more than 20 employees. Until recently, many pensioners under this scheme received only ₹1,000 per month—a figure insufficient to cover rising living costs, particularly healthcare, rent, and food expenses. This inadequacy led to a sustained … Read more
In the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced major reforms in the income tax structure aimed at benefiting middle-income salaried individuals. One of the standout announcements was the increase in the tax-free income limit to Rs 12 lakh under the new tax regime. Additionally, salaried employees are now eligible for an increased standard … Read more
Unified Payments Interface (UPI) has been the cornerstone of India’s digital payments ecosystem, enabling millions to perform instant, secure, and cost-free money transfers. However, this fee-free structure may soon change. As of May 2025, the Payments Council of India (PCI) has formally proposed reinstating the Merchant Discount Rate (MDR) on UPI and RuPay transactions. This … Read more
In a landmark policy shift effective May 2025, the Employees’ Provident Fund Organisation (EPFO) has officially raised the minimum monthly pension from ₹1,000 to ₹7,000. This long-overdue revision comes alongside the introduction of a Dearness Allowance (DA) component, marking a significant improvement in post-retirement benefits for over six million pensioners in India. The goal is … Read more
While Fiverr and Upwork remain giants in the freelancing world, many professionals are turning away from these platforms due to high service fees (up to 20%), intense competition, and policies that often favor clients over freelancers. In May 2025, more freelancers are seeking platforms that offer lower commissions, better support, and fairer terms. The good … Read more
The 8th Pay Commission is highly anticipated by government employees at both central and state levels. As the tenure of the 7th Pay Commission concludes in December 2025, focus is now shifting to the next round of revisions. Workers are looking forward to possible increases in salaries, updated allowances, and a potential change in the … Read more
The Indian central government has officially confirmed an increase in Dearness Allowance (DA) to 60% for all central government employees by December 2025. This decision aims to shield employees from the persistent impact of inflation, ensuring better purchasing power and financial stability. This increment is part of a biannual revision mechanism. The DA is reviewed … Read more