Pfrda

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Coronavirus Outbreak: Nirmala Sitharaman chairs FSDC panel meeting, takes stock of economy
Business

Coronavirus Outbreak: Nirmala Sitharaman chairs FSDC panel meeting, takes stock of economy

Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy at the meeting of the Financial Stability and Development Council (FSDC), in view of disruptions caused by the COVID-19 pandemic

Nirmala Sitharaman calls FSDC panel meeting on Thursday, to discuss impact of COVID-19 on economy
Business

Nirmala Sitharaman calls FSDC panel meeting on Thursday, to discuss impact of COVID-19 on economy

Finance Minister Nirmala Sitharaman has called a meeting of the Financial Stability and Development Council (FSDC) on Thursday, which among other things will discuss the impact of COVID-19 on the financial sector and the economy

Around 8.21 lakh subscribers join ESIC scheme in March as against 11.83 lakh in February: Payroll data
Business

Around 8.21 lakh subscribers join ESIC scheme in March as against 11.83 lakh in February: Payroll data

Around 8.21 lakh new members joined the ESIC-run social security scheme in March 2020, against 11.83 lakh in the previous month, according to payroll data of the Employees' State Insurance Corporation (ESIC)

Around 11.56 lakh new members join ESIC scheme in February against 12.19 lakh in January
Business

Around 11.56 lakh new members join ESIC scheme in February against 12.19 lakh in January

Around 11.56 lakh new members joined the ESIC-run social security scheme in February 2020 against 12.19 lakh members in the previous month, according to the payroll data of the Employees' State Insurance Corporation (ESIC)

Coronavirus Outbreak: PFRDA allows deferment of Atal Pension subscribers' contribution till June
Business

Coronavirus Outbreak: PFRDA allows deferment of Atal Pension subscribers' contribution till June

In a major relief to Atal Pension Yojana (APY) subscribers in the wake of coronavirus pandemic, PFRDA has allowed deferment of their contribution until June 2020

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

Around 12.06 lakh new jobs created in January against 12.90 lakh in previous month: ESIC payroll data
Business

Around 12.06 lakh new jobs created in January against 12.90 lakh in previous month: ESIC payroll data

Around 12.06 lakh new members joined ESIC-run social security schemes in January 2020 against 12.90 lakh in the previous month, according to the payroll data of the Employees'' State Insurance Corporation (ESIC), providing an employment perspective in the formal sector

Around 12.67 lakh new jobs created in December against 14.59 lakh in previous month: ESIC payroll data
Business

Around 12.67 lakh new jobs created in December against 14.59 lakh in previous month: ESIC payroll data

Around 12.67 lakh jobs were created in December 2019 against 14.59 lakh in the previous month, according to payroll data of the Employees' State Insurance Corporation (ESIC)

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)

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

About 13.08 lakh new jobs created in August, around 2.97 cr new subscribers join ESIC scheme: Govt data
Business

About 13.08 lakh new jobs created in August, around 2.97 cr new subscribers join ESIC scheme: Govt data

The report showed that gross new enrolments with the ESIC from September 2017 to March 2018 were 83.35 lakh.

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)

RBI task force moots central corporate loan contract registry; suggests creation of self-regulatory body of participants
Business

RBI task force moots central corporate loan contract registry; suggests creation of self-regulatory body of participants

The six-member task force was formed to examine the scope for developing a secondary market for corporate loans and make recommendations to facilitate rapid development of such a vibrant market.

Around 12.19 lakh new jobs created in June; gross enrolments at 1.49 cr in 2018-19: ESIC payroll data
Business

Around 12.19 lakh new jobs created in June; gross enrolments at 1.49 cr in 2018-19: ESIC payroll data

Around 12.19 lakh jobs were created in June, lower than 12.88 lakh added in the previous month, according to the latest payroll data from the Employees' State Insurance Corporation (ESIC)

Around 12.66 lakh new jobs created in May, tad higher than 11.15 lakh in April: ESIC payroll data
Business

Around 12.66 lakh new jobs created in May, tad higher than 11.15 lakh in April: ESIC payroll data

Around 12.66 lakh jobs were created in May, a tad higher than 11.15 lakh jobs in April this year, the Employees' State Insurance Corporation (ESIC) payroll data showed

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

Govt plans to roll out social security code across country in three phases before 2019 Lok Sabha election
Business

Govt plans to roll out social security code across country in three phases before 2019 Lok Sabha election

The basic idea behind the pan-India launch of social security scheme is that the ministry does not want to take up controversial issues especially when the general election is months away from now.