National Pension Scheme

Budget 2019: Govt proposes raising income tax exemption for NPS subscribers to 60% of corpus; new limit applicable from April 2020

Finance Minister Nirmala Sitharaman Friday proposed to exempt from income tax 60 percent of the amount received by subscribers of National Pension System on closure of account or opting out of the scheme

Job creation dipped 6.9% in January to 11.23 lakh, reveals payroll data of Employee State Insurance Corporation

Employee State Insurance Corporation (ESIC) provides health insurance and medical services to its insured persons covering all those establishments which have 20 or more workers and all those employees whose monthly wages are up to Rs 21,000.

How is PM Shram Yogi Mandhan Pension scheme any different from existing pension schemes, asks rural UP

With unorganised sector workers already eligible for the National Pension Scheme, and the APY, it seems unclear why PM-SYM has been launched, especially if it isn’t going to be bringing anything new, in terms of expanded coverage or increased amount, to the table. And if this is nothing more than an attempt at vote-bank politics, then rural Mau, at least, can see through it.

Retirement funds investing in IL&FS: IBC order of priority can’t be blamed for funds' folly and greed

In the light of the IL&FS fiasco, employees must also be asked to give their consent to bonds and commercial papers.

Union Budget 2019: Govt's contribution to employees' provident fund to go up to 14% from 10%, gratuity ceiling hiked to Rs 20 lakhs

Interim Finance Minister Piyush Goyal on Friday announced in his Interim Budget speech that the government will now increase its contribution to employees' provident fund to 14% from the earlier 10% while keeping the contribution of workers intact at 10%.

National Pension Scheme bonanza: Cabinet raises government contribution to NPS to 14 percent of basic salary

In a bonanza for government employees, the Cabinet on Thursday raised the government's contribution to National Pension Scheme (NPS) to 14 per cent of basic salary from the current 10 per cent, sources said

Railway workers call for 'work-to-rule' protest from 11 December; want pension scheme revoked among other demands

Railway workers decided to refuse all overtime in a call for 'work-to-rule' protest from 11 December to protest the Railway Ministry's refusal to meet their demands.

EPF schemes add more than 1.45 crore new subscribers in one year; 91 lakh cease to be members of retirement fund scheme

The Ministry of Statistics and Programme Implementation (MoSPI) has been bringing out the employment-related statistics in the formal sector since April, 2018 covering the period September 2017 onwards.

Four million jobs added in eight months till April 2018 as per EPFO data, says CSO report

According to the data, the EPFO's April payroll number was the highest in the last eight months, indicating higher jobs creations than preceding 7 month.

Money management alert: Midcourse withdrawals from retirement funds a sub-optimal solution for midlife blues

A suitable amendment in the law would be conducive to checking one's tendency to dip into one’s retirement funds at the drop of a hat.