EPFO releases pension and arrears, accepts workers demand for commutation; here's all you need to know
The Employees' Provident Fund Organisation (EPFO) on Monday released Rs 868 crore pension along with Rs 105 crore arrears on account of the restoration of commuted value of (higher) pension.
Coronavirus Lockdown: EPFO releases total Rs 764 cr to 65 lakh pensioners for April under its pension scheme
Retirement fund body EPFO on Tuesday said it has disbursed a total of Rs 764 crore to 65 lakh pensioners for April under its pension scheme
Highlights of Budget 2019: Chidambaram claims Budget 'bereft of any reforms', says chief economic adviser must be most disappointed
Budget 2019 LIVE Updates: At a press conference, former finance minister P Chidambaram claimed that the Union Budget was "bereft of any reforms". "The most disappointed person must be the chief economic adviser. The only investment-related proposal was the to increase the FPI percent. The Modi government treats India as one big state government. Apparently the prime minister believe that only his government can deliver basic public goods and services. It is not good to reduce state government to local administrations," he said.
Budget 2019 income tax calculator: No changes in slabs; here is how to calculate your income tax for fiscal 2019-20
Finance Minister Nirmala Sitharaman in the Union Budget 2019-20, proposed an additional Rs 1.5 lakh deduction on interest paid for affordable housing loans till March 2020
Nirmala Sitharaman presents Union Budget 2019 in Parliament; FM met with President Ram Nath Kovind before her speech
Finance Minister Nirmala Sitharaman presents the Union Budget 2019-20 in the Lok Sabha at Parliament, in New Delhi today.
EPFO pension News: Private sector employees to get higher retirement benefit as SC dismisses plea filed against Kerala HC order
The EPFO caps the figure on which contribution is calculated at a maximum of Rs 15,000 per month.
Opposition wants to strike Narendra Modi, I want to strike on terror, says PM after launching pension scheme in Ahmedabad
Modi further alleged that the honesty of the 'chowkidar' is troubling the Opposition. "That is the reason they are saying Modi hatao, while I am saying that I want to fight poverty and dishonesty, " the prime minister said.
Minimum income schemes for poor: Both Congress and BJP are doing it wrong; freebies won't cure poverty
The implementation of any basic income or bare minimum economic support is possible only through the informal sector participation
Budget 2019 example of Modi's governance style, stresses push for neo-middle class striving to realise urban dream
The 2019 Interim Budget presented on Friday is a clear example of a Narendra Modi who plans for a decade, even when he is set to face an uncertainty three months down the line in the general elections.
Arvind Kejriwal announces restoration of previous pension scheme in Delhi; urges other states to follow example
Delhi Chief Minister Arvind Kejriwal announced on Monday that the old pension scheme will be restored by his government and he will write to his counterparts in other states to follow suit.
Reserve Bank of India employee unions defer 2-day mass leave program to January 2019 if demands not met
The RBI employees forum had threatened that if the issue lingers then they would resort to flash strike for two days.
Maharashtra govt proposes Rs 11,445 crore for bullet train, pension scheme for journalists, CCTVs; bill to be discussed next week
The government made a provision of Rs 15 crore for implementing the pension scheme for journalists, called Acharya Balshastri Jambhekar Sanman Yojana.
As Kerala diaspora in Gulf sees downturn of fortunes, migration experts warn of 5 to 10 percent fall in remittances
Shrinking job opportunities in the Gulf region, the principal job destination of Keralites, in the wake of a slide in oil prices and the plight of emigrants forced to return home dominated the two-day session of Loka Kerala Sabha (LKS).
In reply to Shashi Tharoor's suggestion, govt says it will examine Rs 5 lakh tax exemption proposal for pensioners
MoS for Finance Shiv Pratap Shukla in a letter says proposal for pensioners would be examined during exercise for ensuing Union Budget 2018
EPFO relaxes Jeevan Parmaan life certificate submission rules for pensioners, makes facility available at banks
EPFO says pensioners would have option of submitting digital or paper based certificate to pension drawing bank branches
With this increase of joining age, it said, the subscribers who are willing to join NPS at the later stage of life will be able to avail the benefits of pension scheme.
Pension is payable at the end of each period, during the policy term of 10 years, as per the frequency of monthly, quarterly, half-yearly, yearly as chosen by the pensioner at the time of purchase
A Budget full of goodies: Expect tax exemption, welfare schemes, job creation to jumpstart 'dormant' economy
The expectations of the Union Budget 2017-18 being more on ‘feel good’ side stands quite high considering the government’s intent to kick start consumerism after the demonetisation effect
The Modi government owes an apology to the salaried class for the confusion and panic it created on account of the PF flip-flop
Activists of 'Pension Parishad', including Aruna Roy, today asked Chief Minister Arvind Kejriwal to intervene and stop the "system of patronage" in the Delhi government's pension programme and improve the coverage of the scheme.