Why Personal Loan Rejection for PSU Employees Doesn’t Make Sense on Paper If you have a government salary that lands on the same date every month, you’d assume banks are fighting to lend you money. That’s the theory. In practice, a good number of PSU employees walk into a bank or NBFC, salary slip in … Read more
If You’re Still Buying ELSS Every March, Read This First If you’re still putting money into an ELSS fund every March out of habit, there’s a good chance it isn’t doing what you think it’s doing. For years, the pitch was simple: invest in ELSS, get a Section 80C deduction, and earn equity returns on … Read more
What Changed: EPFO’s New Voluntary PF Contribution Rule If you’re covered under EPFO, something changed for you on 29th June 2026. The government notified the new EPF Scheme, 2026, replacing the old 1952 scheme. One part of this update matters a lot more than it sounds: employees can now voluntarily contribute above the mandatory PF … Read more
The FD to Mutual Fund Shift I’m Seeing on My Own Desk This ITR Season This ITR season, I noticed something I couldn’t ignore while sitting at my own laptop filing returns. I run a small, informal tax filing practice under my wife’s name, no legal obligation attached, just something I do for colleagues and … Read more
5 Hidden Facts About Employer Funded Group Insurance That PSU Employees Never Find Out If you are a PSU employee, there is a good chance your organisation is paying the full premium for a group insurance scheme on your behalf right now, and nobody has ever properly explained what that means, what it covers, or … Read more
The Circular That Made Me Check What APDCL Was Doing Differently A circular landed in one of my WhatsApp groups a few weeks back. Nothing dramatic, just a forwarded image of an internal APDCL notice. It showed something that made me stop scrolling: APDCL had already implemented the DA hike with effect from 1st January … Read more
The First Sign: A Salary Slip With Almost Nothing Left EMI deduction limit PSU employee salary: there isn’t a clean answer, and you only find that out the hard way. A colleague of mine once opened his salary slip and found a negative number where his net pay should have been. Not a low number. … Read more
The DA Hike Came, the Arrears Didn’t: Here’s What Actually Happened My organisation follows the Assam government’s DA rate, which is how it works for a lot of state-linked PSU employees. So when the state cabinet cleared a 2% DA hike, from 58% to 60% of basic pay, in the first week of June, I … Read more
Ex-Gratia and Productivity Linked Bonus Are Not the Same Scheme If you’ve ever heard a colleague say “PLB” while describing what your PSU actually pays as ex-gratia, here’s the simplest way to catch the mistake: ask whether everyone got the same rate. If the answer is yes, it can’t be PLB. Productivity Linked Bonus is, … Read more
Why PSU Employees Assume Leave Encashment Is Always Tax-Free A lot of PSU employees treat leave encashment like a quiet bonus, money the company hands you that somehow stays off the tax department’s radar. I hear this most from new joinees who haven’t sat through a payslip with TDS deducted on an encashment payment yet. … Read more