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DA CALCULATION METHOD
DA hike for central government employees: Can Centre announce dearness allowance on October 21, 2026?DA hike news: Central government employees are eagerly awaiting a long-overdue increase in their dearness allowance, which was expected to ...- UPS for Railway employees: Assured pension, VRS and one-time switch to NPS explainedThe Ministry of Railways has announced the Unified Pension Scheme rules for employees covered under the National Pension System. Employees ...
- Quote of the Day by Bernhard Riemann: "If only I had the theorems..." — Inspiring life lessons from the renowned German mathematician on curiosity, discovery, innovation, and why great ideas come before perfect answersQuote of the Day by Bernhard Riemann: "If only I had the theorems! Then I should find the proofs easily enough." One remarkable thought fro...
- Rs 1,800 EPF vs 12% of basic pay: Choosing Rs 1,800 monthly contribution can increase your in-hand salary, but is it worth?Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contributions increases take-home pay bu...
- 8th Pay Commission salary hike: Why this employee body is recommending Rs 55,000 minimum basic pay to 8th CPCThe Jammu & Kashmir Employees' Federation has urged the 8th Pay Commission to implement a fitment factor of 3.05 and a minimum basic pay of...
- 8th Pay Commission salary hike: Why NC-JCM wants minimum basic pay to rise from Rs 18,000 to Rs 69,0008th Pay Commission pay hike: Employee unions calculate the minimum pay for an employee based on the rates of a food basket for a month. The...
- 8th Pay Commission DA calculation: Why defence employee body wants to change the way dearness allowance is decidedThe All India Defence Employers’ Federation (AIDEF) is urging the 8th Pay Commission to adopt a new dearness allowance calculation index ba...
- 8th Pay Commission: Will a 5-family unit formula push fitment factor above 3.0? See the mathCentral government employee unions are advocating for an increase in the family unit definition from three to five members for the 8th Pay ...
- DA likely to rise by 2% for central government employees in January 2026; check expected hike in total payDA, DR hike for employees and pensioners: Central government employees and pensioners are set to receive a 2% Dearness Allowance (DA) and D...
- Fitment factor of 3.25 and 5% annual increment in 8th Pay Commission: demand raised by this central government employee bodyThe Federation of National Postal Organisation (FNPO) has proposed multi-level fitment factors ranging from 3.0 to 3.25 for postal employee...
- 8th Pay Commission Pension Calculator: Your Rs 25,000 pension could double to Rs 50,000! Check new amount with fitment factorCentral government pensioners are keenly awaiting the 8th Pay Commission's recommendations, with the fitment factor is likely to significan...
- 15 income tax rule changes in 2024 that will impact your ITR filing in 2025ITR filing: Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filin...
- Five Asteroids to Fear: NASA warns of space rocks with one packing firepower of nearly 5 mn Hiroshima bombs!Asteroid Alert: NASA actively monitors asteroids that could potentially threaten Earth. The most concerning is Bennu, which has a 1 in 2,70...
- ITR filing: How to calculate taxable income for salaried, professional, freelancers and othersITR filing: If you are a salaried individual then you need to know how to calculate taxable income for salary, professional, capital gains ...
- In Bitcoin's shadow, another cryptocurrency, Ether, stages its own rallyBitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enj...
- High ROE: 6 stocks with the key elements for long-term wealth creationEvery sector has its own operating matrix. Some require a high dose of capital at one point of time, others like banking and NBFC require a...
- HRA exemption rules: Were there any changes announced in house rent allowance in Budget 2023?An individual can claim tax exemption under section 10(13A) of the Income-tax Act, 1961. Usually, HRA is part of the CTC of an employee.
- How to calculate Employees' Provident Fund balance and interestTo calculate the Employees' Provident Fund interest, one must first calculate his contribution and his employer's contribution to the fund.
- How India's mango diplomacy has been winning friends and foes over the yearsThere was no dearth of Indians travelling to Cairo who wanted to bring in mangoes, but the Egyptians were strict about not letting these th...
- DTC may end up as a zero-sum gameWhile you may lose out on LTA exemptions & HRA computations remain hazy, the salaried can draw solace from higher medical & retirement bene...
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