7th pay commission update: Central govt employees retiring in the middle of the year will be paid proportionate dress allowance

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Sat, Oct 11, 2025 | 01:31 PM IST

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1	7th pay commission update: Central govt employees retiring in the middle of the year will be paid proportionate dress allowance The central government clarified proportionate dress allowance payments for new recruits and officials retiring mid-year after July 2025. This ensures consistency, with proportionate payments for retirees starting June 2025. Recoveries for excess amounts will occur from October 2025, but not for those already retired or retiring by September 30, 2025. Check details.

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5	53% interest to be paid by Income Tax dept to an individual’s tax refund of Rs 6.42 lakh after Delhi HC order The Delhi High Court has ordered the Income Tax Department to pay Mr. Goel Rs 3.55 lakh in interest on a Rs 6.42 lakh tax refund. This significant interest, amounting to 53% of the refund, is for multiple assessment years and must be disbursed within eight weeks. The court's directive follows Mr.

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10	FD interest rate up to 8.10%: This small finance bank revises FD interest rates Suryoday Small Finance Bank has updated its fixed deposit and savings account interest rates. Effective October 8, 2025, FD rates for deposits under Rs 3 crore range from 4% to 8.05%, with the highest on a 5-year tenure. Senior citizens can earn up to 8.10%. Savings account rates vary by balance, reaching 7.75% for balances above Rs 5 crore.

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