Level 1 Govt Employees Salary Can Rise By Rs 15,000 Under 8th Pay Commission (40% Hike)

The 8th Pay Commission was officially announced in January 2024 and is expected to be established soon. It aims to revise the salaries, pensions, and allowances of central government employees and retirees. 8th Pay Commission Officially Announced in January 2024 Is Expected To Be Established Soon Pay commissions have historically been set up approximately every … Read more

Rs 5,000 SIP for 15 Years vs Rs 15,000 for 5: How time beats amount in wealth creation at 12% annualised return

SIP Returns at 12% Annualised Return in Different Durations: Which SIP option would you choose? A Systematic Investment Plan (SIP) allows investors to direct their surplus cash steadily in their mutual fund scheme of choice. Its popularity stems from the fact that it doesn’t force the investor to arrange a huge cash pile at once … Read more

8th CPC: CONFUSED On Whether Retired Employees Will NOT Get DA Hike, Pay Commission Benefits Under New Rules?

In the latest update, the government has amended the CCS (Pension) Rules, 2021. The major change is related to the transformation of government employees from central to public sector undertakings (PSU). However, reports have emerged that these employees may no longer get the benefits of dearness allowance or pay commissions, as CCS rules are part … Read more