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The revised rates will apply retrospectively from January 1, 2026, meaning eligible pensioners and employees will also receive arrears for the intervening months.

Updated : May 12, 2026

Railway staff, pensioners get 2% DA-DR hike under 7th Pay Commission Rules; Here’s the full breakup

Railway employees and pensioners will receive higher payouts after the Railway Board revised DA and DR to 60% under the 7th Pay Commission. The hike follows the Union Cabinet’s decision to approve an additional 2-percentage-point increase to help offset the impact of inflation and rising living costs.

Stablecoins are the fastest-growing digital money segment, with market value rising from $50 billion in 2021 to over $300 billion by April 2026.

Updated : May 8, 2026

Can stablecoins, CBDCs and tokenised deposits create a new era of instant banking?

Global banks and regulators are accelerating efforts to build a 24/7 digital financial system powered by stablecoins, CBDCs, and tokenised deposits. A new Deutsche Bank report says these emerging forms of digital money could transform cross-border payments, settlements, and the future of instant banking.

Earlier, EPS withdrawal was permitted after two months. Under the revised proposal, EPS withdrawal may now be allowed only after 36 months.

Updated : May 8, 2026

EPFO 3.0: When can subscribers withdraw PF money through ATM and UPI?

EPFO subscribers may soon get faster access to their provident fund money through ATMs and UPI under the proposed EPFO 3.0 framework. The upgrade is expected to simplify PF withdrawals, reduce paperwork, and speed up claim processing for millions of members.

Federal Bank said the service is designed to provide a smooth and hassle-free payment experience while helping organisations meet statutory compliance requirements more efficiently.

Updated : May 7, 2026

Federal Bank integrates EPFO services with digital banking platforms

With the integration now live, Federal Bank customers can securely process EPFO payments online without visiting physical offices.

CA Kaushik argued that many employee tax perks have become “mathematically irrelevant” because exemption limits have failed to keep pace with inflation, urban living costs

Updated : May 7, 2026

Are your salary tax perks stuck in the 1990s while expenses are from 2026? Here’s the mismatch

Several salary-related tax exemptions in India still operate on decades-old limits despite rising inflation and sharply higher living costs, according to CA Nitin Kaushik. From ₹100 education allowance to ₹50 meal exemptions, many salaried employees are paying tax on expenses that far exceed outdated tax-free thresholds.

The launch comes at a time when digital payment fraud in India is rising sharply. Fraud values surged more than fivefold to exceed ₹1,400 crore in FY2024, according to RBI-linked data.

Updated : May 2, 2026

Flipkart, Axis Bank, PayU roll out biometric authentication for card payments

Flipkart, Axis Bank, and PayU have launched biometric authentication for card payments, enabling users to approve transactions using fingerprint or facial recognition. The move signals a broader shift away from OTP-based verification toward faster, device-based, and more secure payment systems in India.

Users must set up a one-time e-mandate using OTP or PIN, after which payments up to ₹15,000 are auto-debited without repeated authentication.

Updated : May 2, 2026

RBI auto-debit rules explained: What new changes mean for your UPI and card payments

The RBI’s updated auto-debit (e-mandate) rules aim to make recurring payments smoother while strengthening user control and security. From UPI to cards, here’s how the new framework changes OTP limits, alerts, and payment flexibility.

Under the new rules, employees classified as “workers” will earn one day of leave for every 20 days worked. Additionally, leave carry-forward is capped at 30 days.

Updated : May 1, 2026

From overtime to leave to PF: How the new labour code could change your pay and life

India’s new labour codes, effective April 2026, are set to reshape how employees earn, save, and take leave. From overtime pay to PF contributions and leave rules, here’s what these changes mean in practice.

Indian oil marketing companies have revised LPG prices for May 2026, with a mixed impact across categories.

Updated : May 1, 2026

From LPG to credit cards: 5 big money changes kicking in from May 1

A new set of financial rules comes into effect from May 1, 2026, impacting LPG prices, credit cards, banking transactions, and tax compliance. The changes aim to tighten transparency, improve security, and reshape how individuals transact, spend, and report finances.

the 8th Pay Commission has extended the deadline for submission of memoranda, representations, and suggestions to May 31, 2026, from the earlier April 30 deadline.

Updated : May 1, 2026

8th Pay Commission: Staff side submits 10 demands; suggestions deadline now May 31

The 8th Pay Commission has commenced formal consultations with employee representatives, with the Staff Side (NC-JCM) presenting a 10-point charter covering pay, pension, and service reforms. In a parallel move, the Commission has extended the deadline for stakeholder submissions to May 31, 2026, to widen participation.

EPFO to soon launch E-PRAAPTI web portal

Updated : Apr 30, 2026

Unable to access your old PF account? EPFO to launch a new portal for it

The portal, called E-PRAAPTI, will use Aadhaar-based authentication to enable members to access old EPF accounts, update their profiles, and complete UAN linking and activation.

After CBT approval, the labour ministry forwards the rate to the finance ministry for notification, following which EPFO credits the interest to subscribers’ accounts.

Updated : Apr 29, 2026

Have a pre-UAN provident fund account? New scheme soon to help activate it

EPFO to launch E-PRAAPTI portal to facilitate identification, tracking, UAN linking and activation of old EPF accounts

The EPS-95 revision debate is unfolding alongside a series of operational and policy developments at the Employees’ Provident Fund Organisation (EPFO).

Updated : Apr 30, 2026

Big relief for EPS-95 pensioners? Govt may hike pension from ₹1,000 to...

The Centre is evaluating a long-pending proposal to raise the minimum pension under EPS-95, with pressure mounting to increase the current ₹1,000 payout. The move comes alongside broader EPFO reforms, including faster claim settlements, interest credits, and easier fund access.

Updated : Apr 29, 2026

₹8 lakh crore boost? How 8th Pay Commission could change India’s spendings, savings

The 8th Pay Commission could inject ₹7–8 lakh crore into the economy, factoring in central and state-level revisions. Around 50 lakh employees and 65–70 lakh pensioners may benefit, with states likely to follow for ~80 lakh staff.

OTP-based authentication underpins India’s digital payments but carries friction and risks, with SIM-swap and phishing exposing its vulnerabilities.

Updated : Apr 28, 2026

BT Explainer: Flipkart, Axis Bank and PayU’s biometric authentication — what it means for your card payments

Flipkart, Axis Bank and PayU have introduced biometric authentication for card payments, replacing OTPs with fingerprint and Face ID approvals. The move aims to make digital transactions faster, more secure, and less prone to failures or fraud.

8th Pay Commission: How does the Central Pay Commission work?

Updated : Apr 28, 2026

BT Explainer: How does the Pay Commission work?

8th Pay Commission: There is considerable excitement over the award of higher salaries to central government employees by the Eighth Pay Commission. The process is not simple and will take more than a year to be implemented.

8th Pay Commission consultation begins: Not all unions will get a slot in the first round

Updated : Apr 28, 2026

8th Pay Commission begins talks today: Rs 72,000 minimum salary buzz, but here's the truth

The Commission said meetings will be scheduled with the maximum possible number of unions and associations, but some requests may not be accommodated due to time constraints

According to him, tying the knot also means linking credit scores, tax liabilities, and long-term financial goals — making transparency essential from the outset.

Updated : Apr 26, 2026

‘Don’t say I do without...’: Financial advisor warns couples on money matters before marriage

One of the biggest risks, he notes, is undisclosed liabilities. Such financial baggage can directly impact a couple’s ability to secure loans or maintain financial stability.

Provident fund contributions remain a key variable in determining the real impact.

Updated : Apr 26, 2026

New Labour Codes: How salary breakdowns change across CTC levels - ₹3 lakh, ₹6 lakh, ₹10 lakh, ₹15 lakh

Under the new wage framework, the biggest shift is in how salaries are composed rather than how much employees earn overall. Basic pay, along with dearness allowance (DA) and retention allowance, must now make up at least 50% of the total CTC, compared to the earlier range of roughly 30–37%.

The Code caps work at 48 hours a week, with extra hours counted as overtime, though daily shifts can extend up to 12 hours within this limit.

Updated : Apr 25, 2026

Does new wage code mean higher overtime pay from April 2026? Here's what we know

India’s new wage rules promise double overtime pay and stricter compliance from April 2026. However, changes in salary structure could impact monthly take-home pay while boosting long-term savings.

The 8th Pay Commission, constituted with an 18-month timeline, is likely to submit its report by mid-2027.

Updated : Apr 25, 2026

8th Pay Commission: Up to 4x pay hike, ₹72,000 minimum pay, OPS return - What employees want

Employee unions and teacher bodies have put forward aggressive demands ahead of the 8th Pay Commission, seeking sharp salary hikes, higher allowances, and pension reforms. Proposals range from ₹50,000 minimum pay to a four-fold jump to ₹72,000, along with structural changes in benefits.

News

Railway staff, pensioners get 2% DA-DR hike under 7th Pay Commission Rules; Here’s the full breakup

Can stablecoins, CBDCs and tokenised deposits create a new era of instant banking?

EPFO 3.0: When can subscribers withdraw PF money through ATM and UPI?

Federal Bank integrates EPFO services with digital banking platforms

Are your salary tax perks stuck in the 1990s while expenses are from 2026? Here’s the mismatch

Flipkart, Axis Bank, PayU roll out biometric authentication for card payments

RBI auto-debit rules explained: What new changes mean for your UPI and card payments

From overtime to leave to PF: How the new labour code could change your pay and life

From LPG to credit cards: 5 big money changes kicking in from May 1

8th Pay Commission: Staff side submits 10 demands; suggestions deadline now May 31

Unable to access your old PF account? EPFO to launch a new portal for it

Have a pre-UAN provident fund account? New scheme soon to help activate it

Big relief for EPS-95 pensioners? Govt may hike pension from ₹1,000 to...

₹8 lakh crore boost? How 8th Pay Commission could change India’s spendings, savings

BT Explainer: Flipkart, Axis Bank and PayU’s biometric authentication — what it means for your card payments

BT Explainer: How does the Pay Commission work?

8th Pay Commission begins talks today: Rs 72,000 minimum salary buzz, but here's the truth

‘Don’t say I do without...’: Financial advisor warns couples on money matters before marriage

New Labour Codes: How salary breakdowns change across CTC levels - ₹3 lakh, ₹6 lakh, ₹10 lakh, ₹15 lakh

Does new wage code mean higher overtime pay from April 2026? Here's what we know

8th Pay Commission: Up to 4x pay hike, ₹72,000 minimum pay, OPS return - What employees want

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