News for 'Employees Pension Scheme'

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 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.

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.

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.

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.

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.

NPS returns better than EPF

NPS returns better than EPF

Rediff.com24 Jan 2017

Taxation has played spoilsport despite double digit returns.

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.

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.

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.

'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.

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.

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.

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

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

Why India's gig workforce is still outside purview of basic benefits

Why India's gig workforce is still outside purview of basic benefits

Rediff.com7 Apr 2023

If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.

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.

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?'

Budget: Why senior citizens may pay more tax

Budget: Why senior citizens may pay more tax

Rediff.com6 Feb 2020

'There are no new benefits for senior citizens, but on the other hand senior citizens having sizeable dividend income may have to suffer tax at applicable slab rates,' says Mahesh Padmanabhan.

Naga peace solution finds no mention in BJP's state manifesto

Naga peace solution finds no mention in BJP's state manifesto

Rediff.com15 Feb 2023

The Bharatiya Janata Party has released its manifesto for the upcoming Nagaland assembly elections, promising a special package for the eastern part of the state and establishment of a board for the holistic development of the region if the party returns to power for the second time in a row.

ESIC payroll data shows 14.33 lakh new jobs in Nov '19

ESIC payroll data shows 14.33 lakh new jobs in Nov '19

Rediff.com24 Jan 2020

Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19, the National Statistical Office (NSO) said in a report.

Staffers expect new Governor to bring old RBI back

Staffers expect new Governor to bring old RBI back

Rediff.com18 Dec 2018

Not only were Urjit and Rajan outsiders, they also hired laterally, bypassing the existing talent, especially in the field of economics

Planning retirement? Buy these MFs

Planning retirement? Buy these MFs

Rediff.com13 Mar 2018

Investors across age groups and risk appetite can invest in these schemes.

How Aadhaar card can make your life easier

How Aadhaar card can make your life easier

Rediff.com19 Oct 2015

Supreme Court allows more instruments to use the biometric card.

All you want to know about the 7th Pay panel report

All you want to know about the 7th Pay panel report

Rediff.com20 Nov 2015

The recommendations will benefit 47 lakh central government employees and 52 lakh pensioners.

12.44 lakh new jobs created in October: ESIC payroll data

12.44 lakh new jobs created in October: ESIC payroll data

Rediff.com24 Dec 2019

Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19.

Beware Of Agnipath!

Beware Of Agnipath!

Rediff.com13 Jul 2022

The greatest unknown in this risky initiative lies in the way human relationships will play out -- not just between the Agniveers, who will be competing with their fellows for permanent jobs beyond their four-year tenures -- but also between the Agniveers and existing full-time soldiers, warns Ajai Shukla.

How much provident fund will you get if taxed?

How much provident fund will you get if taxed?

Rediff.com2 Mar 2016

If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product.

'Confused. Which MFs can get us Rs 1.5 cr in 18 yrs?'

'Confused. Which MFs can get us Rs 1.5 cr in 18 yrs?'

Rediff.com15 Dec 2022

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

Agnipath Riots: Why The Youth Are Angry

Agnipath Riots: Why The Youth Are Angry

Rediff.com18 Jun 2022

What is the lure of a government job? The answer is India's worst kept secret: Job security. And among the many government jobs desperately sought after is in the armed forces. Which is why the riots by aspiring armed forces job seekers against the government's Agnipath scheme should not really be surprising, points out Harishchandra.

'Beware of false guarantees...': Modi takes dig at Oppn unity

'Beware of false guarantees...': Modi takes dig at Oppn unity

Rediff.com1 Jul 2023

The PM targeted the Opposition after launching the National Sickle Cell Anemia Eradication Mission 2047 by unveiling a portal and releasing a guideline for the management of the disease and different modules at Shahdol in Madhya Pradesh.

MF GURU: 'Annual SIPs of Rs 1.36L can return 2 cr in 7 yrs'

MF GURU: 'Annual SIPs of Rs 1.36L can return 2 cr in 7 yrs'

Rediff.com27 Sep 2022

Nikunj Saraf, Vice President Choice Wealth, will answers your queries.

Ask Anil: How to rectify tax-filing mistakes

Ask Anil: How to rectify tax-filing mistakes

Rediff.com3 Jun 2021

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

How safe is your PF money? 10,932 companies caught defaulting

How safe is your PF money? 10,932 companies caught defaulting

Rediff.com18 Aug 2016

By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115

Savers in dark over Sahara's latest shadow banking schemes

Savers in dark over Sahara's latest shadow banking schemes

Rediff.com23 Dec 2015

Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.