Cpses

EPF cut in employee contribution means take-home is high but will increase TDS liability; here's all you need to know

The Ministry of Labour and Employment has implemented the decision to cut employees' provident fund (EPF) contributions to 10 percent from the existing 12 percent for three months till July.

Govt directs PSUs to enforce work from home for half of their non-executive staff; order to remain effective till 4 April

To avoid crowding in heir respective offices, plants, units, etc, all heads of PSUs have been asked to draft a weekly roster keeping in view their work/production exigencies for the non-executive staff.

Economic Survey 2020: Privatised CPSEs reported better profit, sales after transition; aggressive disinvestment promotes efficiency

It observes that the focus of the strategic disinvestment needs to be to exit from non-strategic business and directed towards optimising economic potential of these CPSEs.

Uncertainty mounts over fate of Namrup fertilizer plant in Assam; Unit IV still in cold storage despite Centre's assurance

Opposing the government’s move to privatise Nagaon Paper Mill and Cachar Paper Mill, the students’ body was apprehensive that BVFCL, also called Namrup Fertilizer Complex, would meet with a similar fate.

Debt ETF to give opportunity to retail investors to invest in quality PSU bonds: Experts

The government's decision to launch an umbrella debt exchange-traded fund will provide a better opportunity to retail investors for participation in quality public sector bonds at an affordable cost, experts said on Wednesday

Cabinet gives nod to launch Bharat Bond ETF; move to create additional source of funding for PSUs, state-run organisations

Further, Bond ETF trading on the exchange will help in better price discovery of the underlying bonds.

PMJAY scheme: Centre looking to bring hospitals run by CPSEs, paramilitary forces under flagship, anti-fraud law on anvil

The Cabinet Secretariat note reviewed by Firstpost said Ayushman Bharat-PMJAY is a globally unique scheme in terms of its coverage and quality of medicare

Daily Bulletin: Chandrayaan 2 set to land on moon after midnight; finance ministry to meet heads of CPSEs today; day's top stories

Here are today's top stories: Chandrayaan 2: Vikram module set for final descent for soft landing on Moon on 7 September; BJP to oppose resolution against NRC in West Bengal Legislative Assembly today; and more

Govt aims to reduce stake in state-run firms to minimum in FY20 to meet disinvestment target figure of Rs 1.05 lakh cr

The government will initiate privatisation of CPSEs as it sets a record high disinvestment target of Rs 1.05 lakh crore that will see the government lowering its stake in some CPSEs to below 51%.

State-run companies to get 12 months to sell non-core assets, failure may lead to budget cuts

The Department of Investment and Public Asset Management (DIPAM) Monday issued the guidelines for monetisation of non-core assets of CPSEs and immovable enemy properties