Great news for Defense Forces pensions! The Central Government has revised rank-wise pensions under the One Rank One Pension (OROP) scheme for retirees from the Army, Navy, Air Force, and other defense units and family pensioners. This revision will be effective from July 1, 2024. The ‘OROP Revision’ has been approved. The Government of India … Read more
The Central government is reportedly preparing a festive surprise for central government employees with a significant Dearness Allowance (DA) hike in 2024. This move is expected to provide much-needed financial relief and support as inflation continues to impact the cost of living. DA Hike: Central Government Employees to Get 3% Increase in Wages There is … Read more
A Pensioner Pay Slip 2024 or Pensioner Pension Slip 2024 is a crucial document for retirees, providing detailed information about their monthly pension payments. This document outlines vital details such as the gross pension amount, deductions, and net pension amount, helping pensioners keep track of their finances. What is a Pension Slip? A pension slip … Read more
The Indian government has announced some positive changes for EPS pensioners. They will soon be able to receive their pension from any bank, regardless of their location within the country. Mansukh Mandaviya, the Union Minister of Labour and Chairman of the EPF Trust Board has confirmed that the EPF has approved implementing a centralized pension … Read more
The AP Pensioner Pension Slip 2024, also known as the AP Pensioner Pay Slip, is a vital document for retired government employees in Andhra Pradesh. This pay slip, available on the Comprehensive Financial Management System (CFMS) official website, cfms.ap.gov.in, allows pensioners to check their pension details and download their pay slips easily. Retired government employees … Read more
The Assam Pensioner Pension Slip 2024, issued monthly by the Directorate of Accounts and Treasuries, Department of Finance, Government of Assam, a trusted authority, is an essential document for retired government employees. T his slip provides detailed information about pension payments and can be accessed online via the official website, https://ppg.assam.gov.in. What is the Assam … Read more
Are you a pensioner looking for a hassle-free way to calculate your income tax? Look no further! Our Pensioners Income Tax Software 2025 is here to help. This user-friendly tool makes it easy to calculate your tax liability and file your returns accurately. Tax season can be challenging, especially for pensioners with unique tax considerations … Read more
The Employees Provident Fund Organization (EPFO) provides a pension scheme for organized sector workers to ensure financial security after retirement. Workers become eligible for pension benefits after age 58, provided they have worked for at least ten years under the same Universal Account Number (UAN). It is a unique identification number assigned to each employee … Read more
The Central Government has released a New Single Simplified Pension Application form, Form 6A, for retiring employees. The new form is a significant step towards the government’s vision of “Maximum Governance—Minimum Government.” It aims to simplify and streamline the pension process, making it more efficient and user-friendly for retired employees. It merges the previous nine … Read more
The Central Government has introduced a scheme to provide financial security to all employees and empower them to avoid financial difficulties after retirement. The National Pension System, as an alternative, offers a significant degree of flexibility, allowing those currently in the NPS to shift to the new scheme. One of the benefits of the new … Read more