EPFO Introduces Centralized Pension Payment System (CPPS): A Major Relief for EPS Pensioners

EPFO Introduces Centralized Pension Payment System (CPPS): A Major Relief for EPS Pensioners

The Employees’ Provident Fund Organisation (EPFO) has rolled out a Centralized Pension Payment System (CPPS), which officially came into effect on 1st January, 2025. This initiative is a significant reform aimed at simplifying pension disbursement for more than 7.7 million Employees’ Pension Scheme (EPS) pensioners across India. Under the new system, pensioners can receive their … Read more

8th Pay Commission: Anticipated Salary Enhancements and Key Insights

8th Pay Commission Salary Income Calculator

The Government of India has initiated the process for the 8th Pay Commission, with aim to restructure the pay structure for central government employees and pensioners. This commission is anticipated to be operational from 1st January 2026, succeeding the 7th Pay Commission implemented in 2016. The forthcoming changes are anticipated to significantly impact the financial … Read more