The Reserve Bank of India (RBI) has introduced new rules to make personal loans more transparent and borrower-friendly. The changes, effective from April 2025, focus on how lenders manage Personal Loan EMI payments, prepayment charges, and loan disclosures. These updates aim to protect borrowers from hidden fees and ensure fair lending practices. EMI Changes Now … Read more
The Reserve Bank of India (RBI) has proposed new rules for personal loans that could significantly benefit borrowers. A draft circular released in February 2025 focuses on reducing or removing prepayment charges, especially for floating-rate personal loans. If finalized, these rules could offer more flexibility to those looking to close their loans early. Floating-Rate Loans … Read more
As of April 2025, there is no official confirmation from the U.S. government or the IRS regarding the distribution of $2,500 Stimulus Checks. While rumors and speculation have been circulating, no verified sources have announced an approved payment plan. However, discussions about possible economic relief measures continue. Are $2,500 Stimulus Checks Coming? Reports about $2,500 … Read more
The EPFO EDLI Scheme 2025 has introduced major updates to improve financial security for families of deceased Employees’ Provident Fund (EPF) members. These changes aim to ensure that more families receive insurance benefits, even in cases where the member had a short service period or employment gaps. Minimum Insurance Benefit of Rs 50,000 Under EPFO … Read more
Bajaj Discover, one of India’s most well-known commuter motorcycles, may be making a comeback. While Bajaj Auto discontinued the series in 2020 due to market saturation and model confusion, recent discussions and online leaks hint at a potential revival. Reports suggest a new Bajaj Discover model, possibly named the Discover 125 STR Edition, could hit … Read more
The 8th Pay Commission Salary Calculator helps central government employees estimate their revised salaries under the new pay structure. The expected increase in salary is based on the fitment factor, allowances like Dearness Allowance (DA), and other benefits. 8th Pay Commission Salary Calculator Below is a step-by-step breakdown of how the 8th Pay Commission Salary … Read more
The 8th Pay Commission has been approved by the Union Cabinet, bringing significant changes for central government employees and pensioners. With implementation set for January 1, 2026, expectations are high regarding salary hikes, fitment factor adjustments, and pension reforms. However, reports suggest that actual salary and pension increases might be delayed until early 2027 due … Read more
The EPS-95 Pension Scheme is an important retirement benefit program for employees in the organized sector, providing financial support after retirement. In 2025, there are specific eligibility criteria that individuals must meet to qualify for this pension. Knowing whether you are eligible can help you plan your retirement and secure a steady income for the … Read more
The government has officially launched the Unified Pension Scheme (UPS) for central government employees, effective April 1, 2025. The scheme introduces a minimum pension of ₹10,000 per month for eligible employees, ensuring financial stability post-retirement. This move is expected to benefit nearly 23 lakh employees across various departments. The UPS is designed to provide a … Read more
The debate over increasing the retirement age in India has been ongoing, with speculation that central government employees might see their retirement age raised from 60 to 62 years. However, Union Minister Jitendra Singh recently confirmed in Parliament that there are no such plans. He also stated that no proposals from employee unions have been … Read more