Pension

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Pension - Total results - 152
Parl passes bill seeking to remove anomalies in HC judges' pensionary benefits
India

Parl passes bill seeking to remove anomalies in HC judges' pensionary benefits

A Bill seeking to remove anomalies in the pensionary benefits of High Court judges, elevated from the bar, on Friday received the formal nod of Parliament.

Lengthy process, clueless staff: Why withdrawal from National Pension Scheme is a pain for retirees
Business

Lengthy process, clueless staff: Why withdrawal from National Pension Scheme is a pain for retirees

The NPS scheme is a good one, but the POP staff clearly need more training to handle exits; the exit process should be made single-window so that the subscriber knows what is going on and knows whom to check with; and last, the annuity products clearly need to be beefed up.

Delhi Assembly passes bill to effect 400% hike in MLA salary
India

Delhi Assembly passes bill to effect 400% hike in MLA salary

The basic monthly salary of Delhi MLAs and ministers is all set to go up by a whopping 400 per cent besides significant hike in a slew of allowances with the assembly on Thursday approving a bill to effect the increase considering rising cost of living.

7th Pay Commission Report: Salary to go up by 16%; allowances by 63%; pension up by 24%
Business

7th Pay Commission Report: Salary to go up by 16%; allowances by 63%; pension up by 24%

The report recommends a minimum basic pay for Central government staff of Rs 18,000 with a maximum pay of Rs 2.25 lakh per month.

Veterans refuse to accept OROP notification, call it 'One Rank Five Pension'
Politics

Veterans refuse to accept OROP notification, call it 'One Rank Five Pension'

The government on Saturday issued the notification regarding implementation of 'One Rank One Pension' (OROP) for defence personnel. Ex-servicemen, however, said it was not acceptable to them and they will get a legal opinion on it.

UP govt awards Amitabh, Jaya, Abhishek Rs 50,000 pension; Bachchan Sr says give it to charity
Entertainment

UP govt awards Amitabh, Jaya, Abhishek Rs 50,000 pension; Bachchan Sr says give it to charity

Bollywood star Amitabh Bachchan, along with wife Jaya and son Abhishek, have become one of the first beneficiaries of a scheme by the Uttar Pradesh government providing them with Rs 50,000 pension ever month for the rest of their life.

Cannot consider one-year pension revision under OROP: Manohar Parrikar
India

Cannot consider one-year pension revision under OROP: Manohar Parrikar

Defence Minister Manohar Parrikar on Tuesday said the demand of armed forces veterans for annual revision of pension under "One Rank One Pension" (OROP) scheme could not be considered as definition of OROP does not specify any time frame for upgradation of pension.

Ex-servicemen's agitation enters Day 83: All you need to know about OROP
India

Ex-servicemen's agitation enters Day 83: All you need to know about OROP

Here's all you need to know about the One Rank One Pension scheme and the reasons for its delay and the resulting anger among veterans.

Demystifying the OROP riddle: Here's why the govt is dragging its feet
India

Demystifying the OROP riddle: Here's why the govt is dragging its feet

The OROP issue has ballooned because of the sheer numbers of ex-servicemen, which is 2.8 million. And this number has been swelling year-after-year

Women here to stay: HC allows permanent commission for women in Navy
India

Women here to stay: HC allows permanent commission for women in Navy

In a major relief for women naval officers, Delhi High Court on Friday allowed a bunch of pleas seeking permanent commission for them in the force, saying "sexist bias and service bias" would not be allowed to block progress of women.

It's not a savings account: Govt may cap premature PF withdrawals at 75%
Business

It's not a savings account: Govt may cap premature PF withdrawals at 75%

The contribution of an employer including interest, in any case, does not exceed more than 75 percent of the total contribution

Why should our MPs enjoy twin I-T exemptions when they are out of TDS regime?
Economy

Why should our MPs enjoy twin I-T exemptions when they are out of TDS regime?

The Lok Sabha Secretariat at last did a bit of soul searching and said since the parliamentarians aren’t employees, their salary would be taxable as income from other sources.

This govt will find a solution to one-rank-one pension issue, promises Modi
India

This govt will find a solution to one-rank-one pension issue, promises Modi

Prime Minister Narendra Modi on Sunday again assured the country's former servicemen on the one rank-one pension (OROP) issue, asserting that his government would find a solution to it.

Modi peeved by 'indifference' to ex-servicemen, orders authorities to act fast
India

Modi peeved by 'indifference' to ex-servicemen, orders authorities to act fast

Prime Minister Narendra Modi on Wednesday voiced serious concern at the perceived "atmosphere of indifference" with regard to ex-servicemen's issues such as delay in pension and directed the authorities to pay more attention to their resolution at the earliest.

Govt to launch 40-year bonds in first half of FY2016: Jayant Sinha
Economy

Govt to launch 40-year bonds in first half of FY2016: Jayant Sinha

The bonds of long tenure of 40 years are being planned in view of the elongation of maturity of the portfolio which is preferred to limit rollover risk and is internationally followed in the advanced economies, the junior finance minister said.

Govt unveils universal social security and pension schemes
Economy

Govt unveils universal social security and pension schemes

The government proposes to launch PM Suraksha Bima Yojana to increase the access to insurance. It will be linked Pradhan Mantri Jan Dhan Yojana.

Budget 2015: Hike exemption limit in PF, PPF, says an entrepreneur
Economy

Budget 2015: Hike exemption limit in PF, PPF, says an entrepreneur

In the last Budget, the government had increased the slab by Rs 50,000 from the existing Rs 1 lakh bringing cheers to many but still it isn't sufficient.