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  • Indian Railways: Can you transfer a confirmed rail ticket to a relative? Know what are the rules of the railways


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    You had made a reservation in a train but due to some reason now if a relative of yours has to travel and not you, then the confirmed ticket in your name can be transferred to your relative.

    That means he can travel on your ticket. There are provisions for this in Indian Railways, but there are some special rules and conditions for this. If you follow these, then of course your relative can travel on your seat.

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    know the rules

    Railway rules say that if you have a confirmed train ticket but are unable to travel, you can transfer it to your children or your spouse. Here one thing to understand is that a confirmed reservation ticket can be transferred only to another member of your family, i.e. father, mother, brother, sister, son, daughter, husband and wife, instead of you. You just have to meet the railway officials in advance to make this process hassle-free.

    To transfer a ticket, you have to submit a transfer request at least 24 hours before the train departure time. If there are less than 24 hours left for the departure time and you are submitting a transfer request, it will not be accepted.

    This is the process of transfer

    First of all, for change of name on confirmed reservation ticket, you should go to the reservation counter of your nearest railway station with a printout of the electronic reservation slip and the photo identity proof mentioned in the electronic reservation slip. At this time, you should also have a valid ID proof of the relative who is travelling in your place. Provide proof of relationship with that relative at the counter. Submit a written application for ticket transfer, railway staff will help you in this.

    There is provision for such passengers as well

    Apart from relatives, ticket transfer can be done in some other categories as well. In this, if the passenger is a government employee and is on duty and there is appropriate authority, then the ticket can be transferred. If the passenger is a student of a recognized educational institution and the head of the institution requests in writing 48 hours before the scheduled departure of the train that the reservation made in the name of any student can be transferred to another student of the same institution.

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  • Pensionable Age Cut: Will the age for additional pension for retired employees be reduced? know latest update


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    Pensionable Age Cut: The government has assured that the payment of additional pension is made automatically through banks and pension distribution agencies. Instructions are also issued from time to time to avoid any delay or disturbance in this.

    There has been a long standing demand to reduce the existing age limit for additional pension to retired central employees. However, the government has once again clarified its stand on this matter. The central government said that there is no plan to reduce the minimum age eligibility for additional pension to retired central employees.

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    There is no approval for reducing the minimum age limit for additional pension
    The central government has made it clear that the minimum age for additional pension will remain 80 years. In response to a question asked in the Lok Sabha, the government said that there was a proposal to increase this limit to 65 years, but it has not been approved.

    An MP asked whether the government was considering reducing the age limit to 65 years as recommended by the Parliamentary Standing Committee on Pensioners’ Grievances and, if so, sought details about it.

    In response to this question, Union Minister of State for Personnel Jitendra Singh said in the Lok Sabha that on the recommendation of the Sixth Pay Commission, the government has approved 20% additional pension at the age of 80 years, 30% at the age of 85 years, 40% at the age of 90 years, 50% at the age of 95 years and 100% at the age of 100 years.

    He said that as age increases, especially health-related needs also increase, so provision for additional pension has been made. But there is no plan to reduce the minimum age eligibility for additional pension.

    Will the rules on additional pension age change for central government employees?
    The Parliamentary Standing Committee had recommended giving additional pension from the age of 65 in 2021. The government considered it and also submitted its report in 2022. After this, the committee decided not to pursue the issue further. That is, at present the government has no plans to reduce the minimum age eligibility.

    How are central government pensioners paid?

    The government has assured that the payment of additional pension is done automatically through banks and pension distribution agencies. Instructions are also issued from time to time to avoid any delay or disturbance in this.

    How will the impact of rising inflation on pension be reduced?

    Dearness Relief (DR) is given to pensioners, which applies to both their basic pension and additional pension. Its rate is the same as that of Dearness Allowance (DA).

    Possibility of change in pensionable age in future?

    At present, the government does not intend to make any changes in this rule. But in view of the rising inflation and cost of living, the government will keep an eye on this issue. It is clear from this decision of the government that one should not expect to get additional pension before the age of 80 years. At present, Dearness Allowance is the only support for retired central employees, through which they can get some relief.

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  • DA Arrear Payment: Will government employees get 18 months of DA arrears? know latest update


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    DA Arrear Payment: The central government increases the Dearness Allowance every year in January and July. But in 2020, due to the Covid pandemic, the government stopped the DA hike for 18 months.

    During this period, the employees were supposed to get DA in three installments, which is still pending.

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    Central government employees and pensioners have been demanding for a long time to pay the Dearness Allowance (DA) which was stopped during Covid-19. The Confederation of Central Government Employees and Workers has once again raised the issue of long pending demands of central government employees and pensioners.

    According to a circular issued by the Confederation, one of their various demands is to pay the arrears of Dearness Allowance (DA) withheld during the Covid pandemic. This DA arrears is from January 2020 to June 2021.

    In this circular, the government has been asked to resolve many other issues including the pending DA issue as soon as possible. Let us tell you that in the circular issued on 7 March 2025, the Confederation said that due to the lack of attention of the central government, their legitimate demands have not been met yet. Employee organizations have been agitating for their demands for a long time.

    What are the special demands of the Federation? 

    The organization’s charter of demands includes several demands, such as:

    • Demand for appointment of committee members including chairman under 8th Pay Commission.
    • The New Pension Scheme (NPS) should be abolished and the Old Pension Scheme (OPS) should be restored.
    • The three DA installments withheld during the Covid pandemic should be paid.
    • The amount deducted from the pension of employees and pensioners should be restored in 12 years (currently this period is 15 years).
    • The 5% limit on providing jobs on compassionate grounds should be abolished and all eligible applicants should be given appointment.
    • The vacant posts in all departments should be filled immediately and outsourcing and privatization in government departments should be stopped.
    • Employees’ organizations should be allowed to work democratically.

    Know what is the issue related to DA arrears?

    The central government increases the Dearness Allowance every year in January and July. But in 2020, due to the Covid pandemic, the government stopped the DA hike for 18 months. During this period, the employees were to get DA in three installments, which is still pending. The Federation says that the government should pay these pending arrears as it is the right of the employees and pensioners. But the government has not yet accepted their demand.

    Will the government pay the DA arrears?

    The government has made it clear on several occasions that it will not pay the DA arrears. The government’s argument on this is that it is not financially possible to do so. However, the Federation said in its circular that the employees will continue to raise their demands.

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  • RBI issued new rules regarding CIBIL score, know how you can improve your CIBIL


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    CIBIL : The Reserve Bank of India (RBI) has recently made a major change in the credit reporting system. Under the new rules, now banks and financial institutions will have to update the data to the credit bureau every 15 days, whereas earlier this process was done once a month. These new guidelines have come into effect from January 1, 2025.

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    impact of the new rules

    This change will make the process of calculating and updating credit scores faster and more accurate. Earlier, delays in updating loan repayment information could have a negative impact on borrowers’ credit scores, causing problems in getting new loans. Now the 15-day reporting period will eliminate this problem and borrowers will soon see an improvement in their credit scores.

    What does 15-day reporting mean?

    Credit score will get updated quickly – Now if a person makes loan or credit card payments on time, his credit score will improve quickly.

    Banks will get accurate data – Banks and financial institutions will be able to take decisions based on more accurate and recent credit information before disbursing loans.

    Default and loan fraud will be controlled – Earlier there could be a delay of up to 40 days in monthly reporting, due to which banks could take wrong decisions. Now this process will be faster and the financial behavior of borrowers can be monitored better.

    Ban on Evergreening – The new rule will also curb ‘Evergreening’, where a new loan is taken to repay the old loan, and the loan will be properly evaluated.

    Credit score categories

    Credit scores range from 300 to 900, and a score above 700 is considered good.

    Score – Category

    300–579 bad

    580–669 average

    670–739 good

    740–799 very good

    800+ Best

    Benefits of the new rules

    Faster credit score update – Borrowers who make their payments on time will get a better credit score soon.

    Decision making ability of banks will increase – Now banks will get updated data within 15 days instead of looking at old data. Check your credit score regularly and immediately lodge a complaint with the credit bureau to rectify any mistakes.

     

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  • Railway Rules: Women traveling alone must know these things, it will be very useful during train journey


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    Railway Rules: During your train journey, the railway makes a lot of efforts to make your journey easy. Similarly, the railway makes special arrangements for safety and comfortable travel for women passengers. Let us know what special rights women get during train travel.

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    Reserve coach for ladies

    Railways keeps a separate coach reserved for women in mail/express trains. Apart from this, reserved coaches are also kept in suburban trains covering a distance of up to 150 km.

    Ticketless women also get these rights

    If a woman travelling alone at night does not have a valid train ticket, the railway staff cannot make her get off the train. Keeping women’s safety in mind, the railway has made this rule.

    Special attention to women’s safety

    Railways constantly make efforts for the special safety of women. Similarly, women security personnel are deployed during the journey to check on the well-being of women travelling alone in reserved coaches, who are prepared for any situation.

    Separate waiting lounge for women

    In case of train delay or to spend some time at the railway station, separate waiting lounges are also arranged at railway stations. In this way, women travelling alone at night also feel safe.

    You can change the seat

    If a woman travelling alone is not comfortable with her seat in the train, she can change her seat by talking to the TTE during the journey.

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  • Income Tax Notice: Income Tax Department is sending notices to taxpayers, know why?

    I-T Department


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    Income Tax Notice: Section 87A rebate, a major provision in the Income Tax Law of India, has created confusion among taxpayers, especially those with capital gains income.

    Recently, Budget 2025 has increased the rebate limit to Rs 12 lakh under the new tax regime. But there is still no clarity on whether this applies when a taxpayer has both regular income (such as salary) and special rate income (such as STCG, short-term capital gains).

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    What is the problem?

    Under the new regime, taxpayers with total income up to Rs 7 lakh can claim exemption, which will reduce their tax liability to zero.

    However, according to experts, it is not clear whether this will apply to special rate income like capital gains. Yeshu Sehgal, head of tax markets at AKM Global, said that there is a problem in the application of Section 87A rebate, especially for taxpayers who have both regular income and special rate income like STCG.

    There is confusion over whether the rebate should be calculated on the total income or only on the regular income portion.

    The Central Board of Direct Taxes (CBDT) has excluded short-term capital gains (STCG) and long-term capital gains (LTCG) from exemptions while processing returns through the ITR utility portal, due to which many taxpayers are being sent tax notices.

    Gaurav Jain, direct tax partner, Forvis Mazars, said that the CBDT has taken suo motu cognizance of the ITR utility portal and has refused to give the benefit of exemption under section 87A on such short-term and long-term capital gains, which has led to a controversy.

    When is the exemption given

    • When normal income is taxed as per slab rates.
    • Long-term capital gains under section 112 (on capital assets other than listed equity shares and equity mutual funds).
    • Short-term capital gains under section 111A (15% tax on listed equity shares and equity mutual funds).

    When exemption is not given

    Long-term capital gains under section 112A (10% tax on equity shares and equity mutual funds).

    Jain said that some taxpayers believe that exemption under section 87A should be available on total income including capital gains. Some CIT(A) rulings have supported this. Until the matter is resolved legislatively or judicially, taxpayers should oppose the denial and file an appropriate reply.

    What should taxpayers do when they receive a notice?

    • Review the notice – Check whether the exemption claimed is as per the tax provisions.
    • Consult a tax expert – Consult a Chartered Accountant (CA) to validate the claim.

    File a rectification or appeal – If wrongly rejected, file a rectification request or contest the notice.

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  • Dearness Relief: DA hike for central employees may be announced soon, Know all details


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    New Delhi: Central government employees and pensioners are going to get good news soon. Actually, the government can increase Dearness Allowance (DA) and Dearness Relief (DR). DA is an important part of the salary of government employees and it is revised twice a year in January and July. Pensioners also get DR, which is linked to DA. This increase is done keeping in mind the rising inflation and cost of living.

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    How much will DA increase this time?

    Experts estimate that this time there may be an increase of about 2% in dearness allowance, which will be a relief for employees and pensioners. However, some experts say that the government can announce an increase of 3% to 4%. If this happens, it will be a big relief for the employees.

    How much will it affect the salary of the employees

    Currently, dearness allowance is 53% of the basic salary of employees. If DA is increased by 2%, then their DA will increase to 55 percent. In such a situation, if the basic salary of an employee is Rs 20,000 per month, then after a 2 percent increase in DA, his monthly salary will increase by Rs 400. Similarly, pensioners will also get the benefit of increase in DR, due to which they will feel some relief from the effect of inflation.

    How is DA calculated?

    Let us tell you that the decision to increase dearness allowance is mainly taken on the basis of All India Consumer Price Index (AICPI-IW), which is published by the Labor Bureau. The government analyzes this data and announces revision in DA on that basis.

    At the same time, the Governor of the Reserve Bank of India (RBI) had recently said that the consumer price index inflation rate for the current financial year is estimated to be 4.8%, due to which it is expected that DA may increase by more than 2%.

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  • EPFO Pension : Even if you work for 10 years, you will get a pension of this amount, know the rules

    EPFO Pension : Even if you work for 10 years, you will get a pension of this amount, know the rules
    EPFO Pension : Even if you work for 10 years, you will get a pension of this amount, know the rules

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    EPFO Pension: Did you know that if you have worked in a company for 10 years, you will get pension after retirement. Under EPFO’s EPS pension, a fixed amount will be sent directly to your account every month. Let’s understand its calculation.

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    If you are worried about the cost of pension after retirement, if you are also worried about how you will meet your expenses at the age of 60, then this news is for you. Did you know that if you have worked in a company for even 10 years, you will get pension from there after retirement. Here we are talking about EPS pension run by EPFO, under which you will get monthly pension. Let’s know the complete information about this scheme. Let’s understand all the things when you will get pension, how much you will get and what is its eligibility.

    Employees’ Pension Scheme (EPS)

    The Employees’ Pension Scheme was issued by EPFO ​​on 16 November 1995. Under which a scheme was prepared to provide monthly pension to employees working in the organizational sector. Under this scheme, the pension is determined according to the number of days the employee works. If you have worked in a company for 10 years and your PF is deposited there, then let’s understand how much monthly pension you will get.

    Eligibility for EPS

    You will get the benefit of EPS i.e. Employees Pension Scheme only if you have worked in at least some organized sector and under this scheme you will get a minimum monthly pension of Rs 1000. However, there has been a demand for increasing the minimum pension amount to Rs 7,500 per month for many days. Apart from this, the benefit of this scheme will be available only after the age of 58 years and the most important thing is that the employee should have a PF account in which he has deposited money during his employment.

    EPF members contribute 12% of their basic salary to PF through EPFO. The same amount is also deposited by the company. At the same time, the amount deposited by the company is divided into two parts, in which 8.33 percent goes to EPS and 3.67 percent goes to PF.

    You will get this much pension.

    Under EPS, the pension of employees is determined based on their working hours and their salary. Here we are going to tell you the calculation of pension for an employee who has worked for 10 years and whose monthly salary is Rs 15 thousand.

    Monthly Pension = (Pensionable SalaryX Pensionable Service)/ 70

    Pensionable Salary = Average of your last 60 months of salary

    The pension of employees is determined by this formula. Let us now understand this through an example.

    If you have worked in the company for 10 years and your pensionable salary is Rs 15,000, you will receive a monthly salary of Rs 2,143 from the age of 58.

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  • Paytm launched a new soundbox with QR code, you can make payment through UPI as well as credit card, know how

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    Paytm: During the grand Mahakumbh fair going on in Prayagraj, Paytm has launched a new soundbox and QR code system to make digital payments easier. Paytm has said that it has launched ‘Grand Mahakumbh QR’ during the Mahakumbh, which will facilitate traders and devotees in making payments. Now apart from UPI and UPI Lite, payments can also be made through credit card and RuPay card.

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    Paytm has provided soundboxes and card machines at the Maha Kumbh Mela, which can be used to pay for parking, food and other facilities. Also, devotees can now link their RuPay credit card to the Paytm app and make payments directly through the phone.

    All the companies are participating in Maha Kumbh with great enthusiasm

    A company spokesperson said, “Mahakumbh is a wonderful event that brings together millions of people connected by faith and devotion. The support we have received from the merchants and people of the city for adopting digital payments inspires us to be a part of this event.”

    Along with Paytm, other startups and tech platforms are also trying to benefit from their participation in this Maha Kumbh Mela event. At the same time, innovations related to travel and spiritual apps are trying to provide a better experience to the devotees.

    Beginning of Maha Kumbha

    The Maha Kumbh Mela in Prayagraj has started today. The first bath of the Maha Kumbh was taken on January 13 on Paush Purnima. People from the country and abroad reached the Triveni Sangam for the royal bath. More than 450 million people are expected to attend this 45-day long Maha Yojna.

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    Previous articleWhat happens if you live in India and don’t pay taxes? You must know this
    Jyoti

    Jyoti , has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. She has done BA in English. She loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @rightsofemployeescom@gmail.com

  • ITR filing 2024: File income tax return online from home, know step by step process

    ITR

    Whether you are from the salary class or do your own business, you have to file your income tax return by the due date.

    The last date for filing income tax return (ITR) is 31st July. Since today is 10th July, obviously most of you must have received your Form-16 as well. Experts say that no taxpayer should wait to file the return on the last date, by doing this you have time to reduce errors.

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    To file ITR, you can either take the help of a chartered accountant or file the return online yourself. If you want to do it yourself, then this has also become very easy now. You have to file this return through the Income Tax Department website. Let us know the online step by step process of filing ITR online.

    First of all, you should have these documents in your hand

    Whenever you think of filing income tax return online, keep some important documents ready in your hand before that. You should have Form 16, Form 16A, Form 26AS, capital gains statement, proof of tax-saving investments etc. ready as the necessary documents for filing income tax return.

    Step by Step ITR Filing Process

    • Visit the Income Tax e-filing portal  .
    • Log in using your PAN, password and captcha code.
    • Go to the ‘e-File’ menu and select ‘Income Tax Returns’.
    • Choose the appropriate ITR form based on your income (ITR-1 or ITR-2 if you have Form 16).
    • Select Assessment Year 2024-25.
    • Verify all the data entered in the form and submit it.
    • After submission, e-verify your return using Aadhaar OTP or other available options.
    • Upload and verify your return.

    Who should file ITR

    If the total income before deductions under various sections of Chapter VI-A (such as 80C, 80CCC, 80CCD, 80D, 80E, 80G, 80GGA, 80TTA/80TTB, etc.) exceeds the basic exemption limit, you must file your Income Tax Return (ITR). Also, as a resident of India, for income tax purposes, if you own or have an interest in any property outside India as a beneficial owner, you must file an Income Tax Return (ITR).

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