Retired and Untired

Tag finance

New RBI Governor Sanjay Malhotra To Take Charge

Sanjay Malhotra, a seasoned bureaucrat with over 30 years of experience, has been appointed as the 26th Governor of the Reserve Bank of India (RBI) for a three-year term starting December 11, 2024. His appointment is timely, as India’s economy… Continue Reading →

RBI Pensioners FY 2024-25: New Tax Regime and Income Tax Guidelines

RBI Pensioners may note the following information for Income tax guidelines about matters like reporting savings, investments, and claiming rebates/deductions to the offices concerned for the Financial Year (FY) 2024-25. New Tax Regime a) By default, the TAX REGIME from… Continue Reading →

 Finance Ministry Notifies LIC’s 17% Wage Revision

The Union Finance Ministry has recently notified the wage revision for LIC employees, which will benefit over 1.1 lakh employees in the state-run insurance company. Some key points of the recently notified wage settlement for LIC (Life Insurance Corporation of India) employees are as… Continue Reading →

A New Era for Bank Employees: MOU between Unions and IBA signed

It is the first MOU that has been signed within 14 months of the expiry of the previous settlement. There is a positive development for pensioners, as all pensioners as on 31st October 22 will now receive a long-awaited “ex gratia” amount.

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