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COMMUTED PENSION
8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...09 Jun, 2026, 01.40 PM IST- 8th Pay Commission latest news: J&K employee bodies seek fitment factor of 2.86–3.68, Rs 51,480 minimum basic payEmployee bodies from Jammu & Kashmir have urged the 8th Pay Commission to adopt a fitment factor between 2.86 and 3.68, which could raise t...03 Jun, 2026, 04.41 PM IST
- Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...01 Jun, 2026, 11.44 AM IST
- Will appeal to govt for a nationwide gig workers' law, like those in Karnataka, Telangana: Uday Bhanu ChibThe Indian Youth Congress held a conclave for gig workers. They highlighted the challenges faced by millions of delivery workers. These wor...31 May, 2026, 11.37 AM IST
- Bharat Taxi emerges as World's largest mobility cooperative with over 35 lakh users, 6 lakh driversBharat Taxi is revolutionizing mobility in Gujarat. Drivers now own the platform, receiving 100% of ride earnings. This driver-owned model ...28 May, 2026, 01.46 PM IST
- 8th Pay Commission, OPS and rising court cases: 7 issues key central government employee body raised in its 49th annual meetThe 49th annual meeting of the NC-JCM, presided by Cabinet Secretary TV Somanathan, addressed key central government employee concerns. Dis...19 May, 2026, 03.32 PM IST
- 8th Pay Commission demands for pensioners: One rank one pension, gratuity up to Rs 75 lakh; 10 things key employee body has demandedCentral government pensioners' rights are a key focus in the NC-JCM's 51-page memorandum for the 8th Pay Commission. Demands include a same...18 Apr, 2026, 08.00 AM IST
- Commuted pension from pension funds to get full tax deduction, new version of Income Tax Bill, 2025 clarifiesThe Income Tax Bill 2025 brings good news for pensioners. It allows tax deductions on the full amount of commuted pension. This applies to ...12 Aug, 2025, 12.34 PM IST
- No more partial treatment to pensioners when it comes to commutation of pension in the New Income Tax Bill, 2025Good news arrives for pensioners. The Lok Sabha Select Committee proposes fair tax treatment in the Direct Tax Bill, 2025. The bill address...07 Aug, 2025, 01.17 PM IST
- Will EPS pensioners get an option to sell or commute a part of their pension for a lump sum?Commutation of pension is a facility where a pensioner can sell a part of pension and receive a lump sum amount. This facility is available...06 Jun, 2023, 02.04 PM IST
- 7th Pay Commission: These central govt pensioners don't need to apply for additional payment after commutation7th Pay Commission: There have been several doubts regarding which pension central government employees are allowed to commute — pension au...27 Oct, 2022, 03.24 PM IST
- 7th Pay Commission: Dearness Relief payment rule clarified for these pensionersEven in case of commutation, dearness relief entitlement will still be calculated on full pension, i.e., including the commuted portion of ...27 Oct, 2022, 10.41 AM IST
- EPFO disburses Rs 868 crore of pension along with Rs 105 crore arrears for commutationThe government, had, in February this year notified the restoration of full pension after 15 years of retirement for pensioners who have co...02 Jun, 2020, 01.07 PM IST
- EPFO to disburse restored pension from next monthThe move will benefit 6,30,000 pensioners every month, although it will cost the government Rs 1,500 crore at a time when it is facing a re...30 Apr, 2020, 10.51 AM IST
- Now, full pension after 15 yrs of commutation post retirementThe move is expected to benefit 630,000 pensioners and substantially increase pensions for those members of the Employees Provident Fund Or...27 Feb, 2020, 09.58 AM IST
- Govt notifies higher pension for 6.3 lakh EPS pensioners who opted for commutationAs per EPS rules, an EPFO member who retired before Sept 26, 2008, could get maximum one-third of his/her pension as lump-sum i.e. commuted...27 Feb, 2020, 08.52 AM IST
- EPFO approves changes in Employees' Pension Scheme to restore commutation of pensionThe move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement before 2009.22 Aug, 2019, 05.18 PM IST
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