The development comes weeks after the central government's dearness allowance (DA) component breached the 50-percent threshold in their salary structure ... factor due to CPI inflation, among ...

The 8th Pay Commission has been approved by the Central Government. Soon its chairman and panel will also be formed. After this, the new pay matrix of the employees will be discussed. Revision in the ...

The labor ministry on Feb. 5 announced that real wages in 2024 continued falling for the third consecutive year, as pay increases failed to keep pace with rising prices.

Savers with “gold-plated” private pensions face a £50,000 hit to their retirement incomes thanks to a little-known tweak to ...

The kids are back at school and your bank account has just taken another hit. Here are some tips for getting in front of next ...

The average total monthly gross remuneration per worker grew 6.3% in 2024, compared to 2023, to 1,602 euros, but increased ...

The CPI-IW will be used to calculate dearness relief ... which is 50% of their last drawn salary after retirement. HT had reported on October 18, 2023 that the pension committee had decided ...

Changes at the time included raising the retirement age to 67 from 60, changing the final average salary calculation ... of 3% or half or all of the consumer price index (varies by system ...

Many tend to believe that Bangladesh’s economy has gone into a long pause and the way forward remains unclear. Avoiding this fate and creating a different trajectory for the non-discriminatory model o ...

The two of them measure inflation on a monthly basis, considering different approaches to calculate the change in ... of consumers spend a major part of their salary. Majorly, there are three distinct ...

The government of mercy makes each data a report on the alleged “success” of the economic plan. Of course, the data is carefully selected, exaggerated in cases, minimized or hidden in ...