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Financial Planning, Investment Planning

8th Pay Commission Latest Update: Salary Hike, Fitment Factor & Govt Impact

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byfintooNovember 11, 2025

The announcement of the 8th Pay Commission in India has brought a wave of anticipation and excitement among over one crore Central Government employees and pensioners. Formed roughly every ten years, the Pay Commission acts as a crucial financial arbiter, revising the entire pay structure, allowances, and pensions to align with the current economic realities, inflation, and cost of living....

Friday First Cut

What Is Reverse Mortgage? How You Can Benefit From It

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byfintooMay 21, 2021

When you have a regular mortgage, you pay the lender every month to buy your home over time. In a reverse mortgage, you get a loan in which the lender pays you. In Reverse mortgage, Bank takes part of the equity in your home and convert it into payments for you – a kind of advance payment on your home equity. The money you get usually is tax-free. Must Read: How to check if your...