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NPS Vatsalya: Rules for withdrawal and exit from scheme, explained

New Delhi, Sept. 15 -- NPS Vatsalya, the National Pension Scheme's spin-off for children, allows parents to open and operate a pension account for their minor child till they attain majority age. Nota... Read More


8th pay commission begins three-day state visit to Chandigarh tomorrow - What's on the agenda for meetings?

New Delhi, Sept. 15 -- The 8th central pay commission (CPC) is scheduled to be in the union territory of Chandigarh for an official three-day state visit from 16 to 18 September this week (Wednesday-F... Read More


NPCI releases MDR framework for UPI transactions - Here's what changes for merchant payments

New Delhi, Sept. 15 -- The National Payments Corporation of India (NPCI) today announced merchant discount rate on UPI transactions for merchants. There is "no impact on any person-to-person transacti... Read More


MDR on UPI transactions: NPCI announces 0.4% on payments above Rs.2,000 - Check details

New Delhi, Sept. 15 -- The National Payments Council of India (NPCI) today announced merchant discount rate (MDR) on select UPI (person to merchant) transactions. In a statement released on 15 Septem... Read More


MDR on UPI transactions: NPCI announces 0.4% charge on payments over Rs.2,000 capped at Rs.300/transaction from 15 Oct

New Delhi, Sept. 15 -- The National Payments Council of India (NPCI) today announced merchant discount rate (MDR) on select unified payments interface (UPI) transactions conducted from person to merch... Read More


UPI is no longer free for all, as conditions apply

New Delhi, Sept. 15 -- The National Payments Council of India (NPCI) today announced merchant discount rate (MDR) on select unified payments interface (UPI) transactions conducted from person to merch... Read More


UPI is no longer free for all as conditions apply

New Delhi, Sept. 15 -- The National Payments Council of India (NPCI) today announced merchant discount rate (MDR) on select unified payments interface (UPI) transactions conducted from person to merch... Read More


DA news: Can employees expect a second dearness allowance hike this year during festive season?

New Delhi, Sept. 15 -- Central government employees and pensioners are expecting a second dearness allowance hike announcement during the festive season this year. There was hope earlier that a DA hik... Read More


8th pay commission: How much salary hike would fitment factor of 2.57 or 3.83 give central govt employees?

New Delhi, Sept. 14 -- The 8th Central Pay Commission (CPC) in is in its consultation stage, with plans to engage with employee and pensioner associations, federations, and unions of central governmen... Read More


DA update: How is dearness allowance calculated? Here's why there is demand for change in the formula

New Delhi, Sept. 14 -- Dearness Allowance (DA) is a percentage of the basic salary component for central government employees and pensioners which seeks to address rising cost-of-living. It is reviewe... Read More