Finance Minister Pranab Mukherjee in likely to launch the scheme in the first week of July from Rai Bareli, the Lok Sabha constituency of Congress president Sonia Gandhi.
They'll be increasingly define everything from products to politics of this country.
A clear message was that the ongoing seven-decade-old model of agriculture, based on extensive reliance on subsidy by the government at every stage, was not going to work, said NITI Aayog vice-chairman Rajiv Kumar.
It would increase economic growth for years to come.
"After months of a divisive national election, our job now is to bring our country back together," he added.
Are you overstaying on an F1 visa?
Taxing the existing retirement benefits schemes would affect the working class, the labour ministry said.
Cybercriminals use their best schemes during the holidays to steal people's money, credit card information, social security number and identity. These thieves follow seasonal trends and create holiday-related websites, scams and other convincing emails that can trick even the most cautious users, according to Jeff Green, senior vice-president of McAfee Labs.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
Priorities include the amendments of the Companies Act and the Motor Vehicle Act
The negative aspect about the Budget is that the capital expenditure has been marginally cut to achieve the fiscal deficit target assumptions, and the onus of sustaining investment demand till private capex revives continues to vest with the public sector enterprises, notes Jyotivardhan Jaipuria.
Calling the Budget 2018 'anti-labour', the Bharatiya Mazdoor Sangh will observe February 20 as a 'black day'.
Geetanjali Krishna explains why this may slow down India's fight against corruption.
A "shocking" fraud involving 106 people, including former New York city cops and firefighters, who allegedly used the 9/11 terror attack disability benefits worth hundreds of millions of dollars to fund their lavish lifestyles, has been cracked by authorities in New York.
The committee has termed the Employee Provident Fund Organisation's data on number of pensioners subscribed to the Employee's Pension Scheme, 1995 as 'inflated and imaginary'. Top officials of the labour ministry and the provident fund organisation were unable to explain how calculations for pensionary liability were arrived at without knowing the number of pensioners in the country.
India can be rated as among the best performing economies in the world
The recommendation is being forwarded to the Union government.
He asked the CMs to give priority to income-generating schemes like housing and tone up implementation of ongoing programmes to enable them to spend the originally allocated funds and the additional allocation of Rs 20,000 crore. He referred specifically to the Pradhan Mantri Gram Sadak Yojana, National Urban Renewal Mission, National Rural Employment Guarantee Scheme, Indira Awas Yojana, Acceleration Irrigation Benefit Programme and National Social Assistance Programme.
The Supreme Court on Monday directed the Madhya Pradesh government to pay Rs 10 lakh as compensation each to the two school-going girls gang-raped last year in Betma town of Indore district and issued show cause notice to a senior police officer as to why criminal case be not lodged against him for disclosing the names of victims in his affidavit.
The bench said that Aadhaar may pass the test of 'legitimate state interest', but the doctrine of proportionality has to be satisfied.
An ex gratia of Rs 2 lakh will be given per person to the next of kin of those killed in the floods.
The government has set up a high-level committee.
"People in India are benefiting from the whole process of liberalisation," Finance Minister Arun Jailtey said.
India has made 7,000 reforms for attracting foreign direct investment in various sectors including real estate and defence: Modi.
Recently, the government announced yet another ambitious scheme aimed at providing health insurance to 50 crore individuals.
'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.
The fund said oil prices are still at double the levels recorded in end-2006, even after the 40 per cent fall in prices from the peak they reached in July this year. Food prices too are still above end-2006 levels. Because of this, fuel importing low-income countries will see their import bill increase by 3.2 per cent of their GDP, while food importing countries will spend additional amount equivalent to 0.8 per cent of GDP on food.
India has earned the dubious distinction of being the country adding the maximum teeth to its tax regime since last year, says a study by Forbes.
K Chandramouli, commissioner, Employees Provident Fund, tells Business Standard's Sreelatha Menon that expansion of the fund will make it sustainable.
He slammed those trying to stall passage of the Bill in Parliament saying they were attempting to 'stop progress of the country
The New Pension Scheme scores over several other retirement products in many ways, check out how and why.
Bengali-speaking settlers in Mahakalapada and Rajnagar blocks would now have to produce the proof to have settled in the areas for at least 20 years, official sources said on Tuesday. Unless they corroborate 20-years nativity status, application of these linguistic groups will not merit consideration for government aided social security schemes.
The United Progressive Alliance government on Wednesday won a vote on the Unorganised Workers Bill in the Lok Sabha. There were 107 votes for the bill, while 90 Parliamentarians voted against it.
Overall, the populist/ electoral elements in the budget have remained measured with the finance minister being clearly aware of a higher-than-expected rise in oil prices, less-than-planned tax revenues and the wider deficit for FY 17/18, constraining his margin of maneuver, says Claude Claude Smadja.
At least seven Bills initiated by the labour ministry are awaiting Parliament's nod, but just one - the Unorganised Sector Workers Social Security Bill - has been listed for the House session beginning on Wednesday.
Else, repent when you reach your golden years
The Central Board of Trustees of the Employees Provident Fund Organisation (EPFO) today decided to retain the previous year's interest rate of 8.5 per cent for the current fiscal.
'We have promised to ensure reduced tax rates.'
As the strategic IT services partner for IMSS, TCS will provide IT services including application maintenance and support, custom software development, business analysis services and value-added initiatives for the organisation's affiliates, a release said. TCS won the order following a public bid process and an assessment based on technology and financial parameters, it added.
'It's not about how many times you get rejected or you fall down or you're beaten up. It's about how many times you stand up and are brave and you keep on going.'
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