Effective January 2025, the Credit Information Bureau (India) Limited (CIBIL) has come up with the new set of rules that should be followed to make the process of credit scoring more transparent, impartial and friendly to the borrower. The changes are set out to enable people to enhance the knowledge of their credit health and … Read more
This is a huge respite to more than 6 million retirees, as the Employees Provident Fund Organisation or EPFO has formally made its decision on raising the minimum pension under the Employees Pension Scheme or EPS to 7,500 rupees a month beginning April 2025. Slow rise of pensions is one of the most awaited financial … Read more
The Government of India and the Reserve Bank of India (RBI) introduced significant change in processing of cheques and the penalty of bouncing in 2025. These transformations are intended to lessen fraud levels, quicken settlements, and promote both transparency and speed of settlements to both the banks and their customers. Faster Cheque Clearance System The … Read more
The Reserve Bank of India (RBI) has been trying to improve the transparency in personal loans by establishing new rules in 2025 that encourage financial responsibility, and mitigate risk in personal loans. Individuals that apply to bank and digital lending platforms will be affected directly based on these new guidelines on how loans are issued … Read more
Still waiting for that pay hike? You’re not alone. Let’s simplify this: the 8th Pay Commission Latest Update August 2025 brings fresh details on who’s been heard, what multiplier might apply, and when you’ll see revised salaries and pensions. Stakeholder Consultations: Where Things Stand The Finance Ministry has wrapped up inputs from Defence, Home Affairs, … Read more
The revival of the Old Pension Scheme (OPS) has been a controversial issue that raised its head again in 2025 when central employees of the government demanded a clarity on the retirement benefits. Unions and a few states are pushing back toward it, but the Centre is wary. What is Old Pension Scheme? The Old … Read more
In August 2025, the news of good news has been greeted by South Africans depending on social grants. The South African Social Security Agency (SASSA) has approved a once off bonus in addition to the monthly grant payouts to enable vulnerable households to bear the brunt of inflation and the need to meet basic needs. … Read more
The central government employees’ retirement age has officially been increased from 60 to 62 years, starting 2025. This policy change from the Government of India is expected to impact millions of employees across different government sectors by providing better financial stability and an increased service period. Why the Retirement Age Was Increased Employees above 60 … Read more
With an aim to establish a well balanced, transparent and efficient rental market, the Government of India brought extensive changes to the home rent regulations in 2025. These new regulations favour tenants and the landlords because of the standardization of the agreement, rent increases and taxation are simplified. Mandatory Written Agreements With the new regulations, … Read more
A major step to bringing changes, the Supreme Court of India has granted long delayed revision to Employees Pension Scheme (EPS-95) by raising the minimum amount of monthly pension under its scheme to 7500 Rupees. The decision, announced in April 2025 will come as a relief to more than 78 lakh pensioners in the country … Read more