News for 'Employees Pension Scheme'

'Modiji, Can We Survive Only On Rations?'

'Modiji, Can We Survive Only On Rations?'

Rediff.com19 May 2024

'Modi must see how we live, what we have to do to educate our children.'

CBI registers 2 FIRs on graft charges by ex-JK Guv Malik, searches 14 places

CBI registers 2 FIRs on graft charges by ex-JK Guv Malik, searches 14 places

Rediff.com21 Apr 2022

The CBI after registering the FIRs carried out searches on Thursday morning at 14 locations in Jammu, Srinagar, Delhi, Mumbai, Noida in Uttar Pradesh, Trivandrum in Kerala and Darbhanga in Bihar, they said.

'Is my Rs 25L leave encashment tax-exempt?'

'Is my Rs 25L leave encashment tax-exempt?'

Rediff.com16 Nov 2023

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

'We Are Voting For The Next Chief Minister'

'We Are Voting For The Next Chief Minister'

Rediff.com27 Sep 2024

A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.

EPF or NPS: Which is better?

EPF or NPS: Which is better?

Rediff.com28 Dec 2016

If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.

'Members who quit NSC didn't express reservations during meetings'

'Members who quit NSC didn't express reservations during meetings'

Rediff.com30 Jan 2019

The statement comes in the wake of two independent members of the NSC, P C Mohanan and J V Meenakshi, quitting the Commission over disagreements with the government on the back-series GDP data and delay in release of labour force survey. Mohanan was also the acting chairperson of the Commission.

Bank staff unions, IBA agree on 15% pay hike

Bank staff unions, IBA agree on 15% pay hike

Rediff.com23 Jul 2020

As many as 8.5 lakh bank employees are set to benefit from the wage hike, which will be effective from November 2017.

Cong promises caste census in MP after winning polls

Cong promises caste census in MP after winning polls

Rediff.com22 Aug 2023

The Congress will conduct a caste census in Madhya Pradesh after winning the assembly polls and establish a university in the name of Sant Ravidas, said party president Mallikarjun Kharge, accusing the regime at the Centre of wishing to change the Constitution.

Can BJP Wrest Mahakoshal From Congress?

Can BJP Wrest Mahakoshal From Congress?

Rediff.com16 Nov 2023

Modi and Chouhan have visited Mahakoshal multiple times and reached out to tribals to shore up support for the BJP.

Railways sacked 1 'non-performer' every 3 days since July 2021

Railways sacked 1 'non-performer' every 3 days since July 2021

Rediff.com24 Nov 2022

Ashwini Vaishnaw has repeatedly warned officials "to take VRS and sit at home" if they did not perform.

Shift from EPS would hurt retirement kitty

Shift from EPS would hurt retirement kitty

Rediff.com8 Aug 2013

Despite the equity booster, many would be uncomfortable about NPS.

SP manifesto promises major sops for workers, farmers, poor, women

SP manifesto promises major sops for workers, farmers, poor, women

Rediff.com8 Feb 2022

The party released its manifesto -- Samajwadi Vachan Patra -- for the coming assembly elections, shortly after the BJP released its own.

All you need to know about the Employee Provident Fund

All you need to know about the Employee Provident Fund

Rediff.com31 Mar 2016

EPF has traditionally been the only tool for Indians, especially the salaried class, to save for their retirement corpus.

LIC raises Rs 5,627 cr from anchor investors led by domestic institutions

LIC raises Rs 5,627 cr from anchor investors led by domestic institutions

Rediff.com3 May 2022

Insurance behemoth LIC on Tuesday said it has garnered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions ahead of its mega initial public offering (IPO). Anchor Investors' (AIs) portion (5,92,96,853 equity shares) was subscribed at Rs 949 per equity share, the insurer said in an early morning filing to exchanges. Out of the allocation of about 5.9 crore shares to AIs, 4.2 crore shares (71.12 per cent) were allocated to 15 domestic mutual funds through 99 schemes, the filing said.

PPF stays on exemption list, only EPF interest to attract tax

PPF stays on exemption list, only EPF interest to attract tax

Rediff.com1 Mar 2016

Facing flak over its decision to impose tax at the time of withdrawal on 60 per cent of the contributions to Employees' Provident Fund, the government on Tuesday clarified that only interest accrued on 60 per cent contribution to EPF after April 1, 2016 will be taxed.

'I've Rs 5 lakh to invest. Buy MFs Or Stocks?'

'I've Rs 5 lakh to invest. Buy MFs Or Stocks?'

Rediff.com22 Jan 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

Improved cost ratios to boost State Bank of India's profitability

Improved cost ratios to boost State Bank of India's profitability

Rediff.com26 Feb 2024

India's largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. The net interest income (NII) beat the Street due to a better net interest margin (NIM) and good loan growth. The credit growth at 5.2 per cent quarter-on-quarter (Q-o-Q) (15 per cent year on year) was excellent for a large bank.

NPS returns better than EPF

NPS returns better than EPF

Rediff.com24 Jan 2017

Taxation has played spoilsport despite double digit returns.

Can I Withdraw From PPF Without Penalty?

Can I Withdraw From PPF Without Penalty?

Rediff.com15 Feb 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

How the Budget will make you poorer

How the Budget will make you poorer

Rediff.com29 Feb 2016

On retirement, you will draw a lesser amount as pension.

Pay government employees well but spare a thought for our farmers too

Pay government employees well but spare a thought for our farmers too

Rediff.com9 Dec 2015

Farmers with land sizes less than 0.01 hectare have an average annual income of Rs 54732 and annual consumption of Rs 61296, thereby, a debt of Rs 6564 each year. Compare this with the minimum pay for a government employee, says Devanik Saha.

Meghalaya polls: BJP woos women voters with govt job quota, scooters

Meghalaya polls: BJP woos women voters with govt job quota, scooters

Rediff.com16 Feb 2023

It also promised financial assistance of Rs 24,000 annually to all dependent widows and single mothers, two free LPG cylinders to all the beneficiaries of the PM Ujjwala Yojana and 24x7 power supply.

EPFO eyes online PF withdrawal facility by March end

EPFO eyes online PF withdrawal facility by March end

Rediff.com16 Oct 2015

EPFO has verified or attested 64.67 lakh Aadhaar numbers.

Self-Employed? Planning Retirement?

Self-Employed? Planning Retirement?

Rediff.com27 Dec 2023

The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.

Should you opt for National Pension System?

Should you opt for National Pension System?

Rediff.com23 May 2016

On maturity, 40 per cent of the accumulated corpus can be withdrawn tax-free.

Two-day all India strike from Monday may hit essential services

Two-day all India strike from Monday may hit essential services

Rediff.com27 Mar 2022

The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.

Himachal CM Sukhu donates all his savings of Rs 51 lakh to disaster relief

Himachal CM Sukhu donates all his savings of Rs 51 lakh to disaster relief

Rediff.com15 Sep 2023

The chief minister and his wife Kamlesh Thakur presented a cheque of Rs 51 lakh to chief secretary Prabodh Saxena at their official residence in Shimla.

Is there a Rs 1.25 trillion hole in the EPS?

Is there a Rs 1.25 trillion hole in the EPS?

Rediff.com17 Jan 2018

'How is the scheme running despite running such massive deficits?' 'This is because the number of new members are much more than earlier members who are drawing pension.' 'If this was done by a private organisation, it would have been called a Ponzi scheme in which the contribution by new members is being used to pay off old members,' says Harsh Roongta.

Two reasons why you must invest in the NPS now

Two reasons why you must invest in the NPS now

Rediff.com29 Sep 2016

Reduction in the mandatory minimum contribution and extension to invest in the scheme from 60 years to 70 years has made the National Pension Scheme more friendly, says Anil Chopra, Group CEO & Director Bajaj Capital

India's labour laws force employers to use 5 billion sheets of paper!

India's labour laws force employers to use 5 billion sheets of paper!

Rediff.com14 Mar 2016

It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.

Buying retirement plans? These options can be of great help

Buying retirement plans? These options can be of great help

Rediff.com6 Jan 2015

Insurance firms have designed amazing retirment plans to lure more customers.

Is The Golden Decade For Indian Markets Over?

Is The Golden Decade For Indian Markets Over?

Rediff.com18 Jan 2024

Have the markets already played out their dynamics before the economy has even properly taken off? Are we now destined for a period of mediocre returns despite a strong economy? asks Akash Prakash.

'Why is my leave encashment not exempt from tax?'

'Why is my leave encashment not exempt from tax?'

Rediff.com7 Oct 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Implement OROP in a meaningful way: Rahul to PM Modi

Implement OROP in a meaningful way: Rahul to PM Modi

Rediff.com29 Oct 2016

The Congress vice president wrote to Prime Minister Narendra Modi saying he was saddened at the decisions of the government taken in the last few weeks

Freebies, pre-poll guarantees galore as BJP, Congress woo MP voters

Freebies, pre-poll guarantees galore as BJP, Congress woo MP voters

Rediff.com9 Oct 2023

A fierce competition among parties to offer freebies and guarantees, a scramble for tribal, OBC, women votes and a touch of Hindutva -- all have combined to make the Madhya Pradesh assembly polls a high-stakes battle with main rivals BJP and the Congress pulling out all the stops to gain power.

Coal India executives call off strike

Coal India executives call off strike

Rediff.com14 Mar 2014

The CMOAI had earlier called for a three-day strike that began on Thursday.

Govt to consider rollback of tax on EPF withdrawals

Govt to consider rollback of tax on EPF withdrawals

Rediff.com1 Mar 2016

FM's proposal came under immediate attack from various employees unions

High interest rates will make the economy sluggish: Jaitley

High interest rates will make the economy sluggish: Jaitley

Rediff.com28 Mar 2016

'Where in the world you get 12.5 per cent return of interest?'

Bournemouth's Howe first Premier League boss to take pay cut over coronavirus

Bournemouth's Howe first Premier League boss to take pay cut over coronavirus

Rediff.com1 Apr 2020

Bournemouth have furloughed staff while top executives and coaches have taken voluntary pay cuts to help ease the financial impact of the coronavirus crisis on the south-coast side, the Premier League club said on Wednesday.