Nps

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Nps - Total results - 61
Coronavirus Outbreak: Govt allows partial withdrawal for NPS subscribers for covering expenses related to treatment of COVID-19
Business

Coronavirus Outbreak: Govt allows partial withdrawal for NPS subscribers for covering expenses related to treatment of COVID-19

The Pension Fund Regulatory and Development Authority of India (PFRDA) on Friday said NPS subscribers will now be allowed partial withdrawal for covering expenses related to treatment of COVID-19

Income tax: Taxpayers should evaluate previous, latest slabs before finalising option; here's all you need to know about two regimes
Business

Income tax: Taxpayers should evaluate previous, latest slabs before finalising option; here's all you need to know about two regimes

Seven slabs have been introduced for personal income tax. The tax rates on income up to Rs 15 lakh have been reduced to benefit the Indian taxpayers.

Budget 2020: Nirmala Sitharaman's slew of amendment proposals on various taxes may lead to adverse impact on individuals
Business

Budget 2020: Nirmala Sitharaman's slew of amendment proposals on various taxes may lead to adverse impact on individuals

The government has recognised the cash flow crunch faced by employees of startups who are required to pay taxes on the allotment of shares on exercise under the current provisions.

Limit on tax-free employer contribution to retirement funds to impact employee with salary above Rs 60 lakh: Official
Business

Limit on tax-free employer contribution to retirement funds to impact employee with salary above Rs 60 lakh: Official

Under the existing provisions, the contribution by the employer to a recognised provident fund exceeding 12 per cent of salary is taxable.

Around 14.33 lakh new jobs created in November as against 12.60 lakh in previous month: ESIC payroll data
Business

Around 14.33 lakh new jobs created in November as against 12.60 lakh in previous month: ESIC payroll data

Around 14.33 lakh jobs were created in November 2019 as compared with 12.60 lakh in the previous month, according to payroll data of the Employees' State Insurance Corporation (ESIC)

Budget 2020: Income tax cuts will not only give more money to employees but boost consumption
Business

Budget 2020: Income tax cuts will not only give more money to employees but boost consumption

With changes being brought in year after year, India’s taxation system has become very complex, difficult to comprehend and recall

Economic slowdown hits employment generation; remittances register decline in a few states: SBI report
Business

Economic slowdown hits employment generation; remittances register decline in a few states: SBI report

It said a sample of data on remittances by migrant labourers to selected states in the last one year showed that there is a decline in remittances in states like Assam, Bihar, Rajasthan, Odisha and UP.

Around 12.44 lakh new jobs created in October as against 12.23 lakh in previous month: ESIC payroll data
Business

Around 12.44 lakh new jobs created in October as against 12.23 lakh in previous month: ESIC payroll data

Around 12.44 lakh jobs were created in October as compared with 12.23 lakh in the previous month, according to payroll data of Employees' State Insurance Corporation (ESIC)

Union Budget 2020-21: Pension fund regulator wants govt to double tax benefit under NPS to Rs 1 lakh
Business

Union Budget 2020-21: Pension fund regulator wants govt to double tax benefit under NPS to Rs 1 lakh

Pension fund regulator PFRDA is pitching for doubling the tax benefit under the NPS to Rs 1 lakh in the upcoming Budget, according to a whole-time member of the authority

Now Overseas Citizens of India can also subscribe to National Pension System: Govt
Business

Now Overseas Citizens of India can also subscribe to National Pension System: Govt

Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System at par with NRIs, the government said on Wednesday

Around 14.24 lakh new jobs created in July, higher than 12.49 lakh in previous month: ESIC payroll data
Business

Around 14.24 lakh new jobs created in July, higher than 12.49 lakh in previous month: ESIC payroll data

Around 14.24 lakh jobs were created in July, higher than 12.49 lakh in the previous month, according to a latest payroll data from Employees' State Insurance Corporation (ESIC)

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

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

PFRDA chairman Hemant G Contractor hopes to reach 2.72 cr subscribers under APY, NPS by March-end
Business

PFRDA chairman Hemant G Contractor hopes to reach 2.72 cr subscribers under APY, NPS by March-end

Pension fund regulator PFRDA has reached a subscriber base of 2.65 crore in its flagship National Pension System (NPS) and Atal Pension Yojana (APY) schemes and hopes to cover nearly 2.72 crore subscribers by the end of the current financial year

EPFO was pilloried for being conservative, but IL&FS episode proves it right in hindsight
Business

EPFO was pilloried for being conservative, but IL&FS episode proves it right in hindsight

Exempted provident funds break free of the EPFO on the promise of better returns and other terms for its members.

Tax cuts for salaried middle-class: Here's how to claim benefits by investing in assets, payments to health insurance and education
Business

Tax cuts for salaried middle-class: Here's how to claim benefits by investing in assets, payments to health insurance and education

One of the most important and easiest principle of tax planning is claiming benefits from tax deductions.

Over 1.8 crore jobs created in formal sector during 15 months till November 2018: CSO report
Business

Over 1.8 crore jobs created in formal sector during 15 months till November 2018: CSO report

More than 18 million jobs were generated by the country's formal sector in a 15-month period starting September 2017 and ending November 2018, suggests a study based on payroll data of retirement fund body EPFO, PFRDA and Employees' State Insurance Corporation (ESIC)

Govt contribution to NPS raised to 14%, withdrawal made tax free, says Arun Jaitley
Business

Govt contribution to NPS raised to 14%, withdrawal made tax free, says Arun Jaitley

Arun Jaitley said changes have been made in the NPS in "larger interest of employees".

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

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

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

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
Business

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.