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8th Pay Commission Update: Govt Employees Upset as Fitment Factor May Be Just 1.8 – Full Breakdown Here
The 8th Pay Commission might offer only a 1.8x fitment factor, sparking discontent among government employees expecting a bigger hike. With DA resets, actual pay bumps could be just 13%. Here’s a detailed breakdown of what it means for your paycheck, your career, and your financial future.
GST Council May Scrap 12% Slab—These Everyday Items Could Soon Get Cheaper!
The GST Council is considering scrapping the 12% tax slab to streamline the GST structure and bring down the cost of everyday essentials like milk products, kitchen appliances, and personal care items. The proposal may also cut GST on insurance products, boosting affordability. If passed in the upcoming Council meeting, this move could significantly lower consumer expenses and simplify compliance for businesses.
Govt Keeps Small Savings Interest Rates Unchanged for July–Sept 2025 – What It Means for You
The Indian government has kept small savings interest rates unchanged for Q2 FY26 (July–Sept 2025). PPF remains at 7.1%, SSY and SCSS at 8.2%. This move ensures stable returns amid falling repo rates. Ideal for conservative investors, parents, and retirees, these schemes offer tax benefits and guaranteed income. Here’s a full breakdown of rates, benefits, and smart investing tips for small savings schemes.
