The recommendations will benefit 47 lakh central government employees and 52 lakh pensioners.
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.
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.
Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19.
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.
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
While govt has decided to maintain status quo, don't use the money for house, marriage or education
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
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.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The retirement fund body plans to launch 'One Employee One EPF Account' system on May 1.
Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation
Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors.
Rahul Gandhi said Modi should instil confidence in the employees and voters by withdrawing the proposal.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
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.
Use deductions introduced in the Budget to save additional Rs 24,000 in tax
RBI wants periodic revision of the pensions for its retired employees.
If your account is idle for over five years, there could be issues with acquiring EPF details.
Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19.
There will be tripartite pact with member, bank/housing agency and EPFO.
Families with tax-paying members, government employees, professionals, among those who have been exempted from the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.
MFs continue to find it difficult to attract and retain long-term money from investors
The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.
It's better to inform your new employer about income earned and deduction availed with the previous one.
Interim pension regulator PFRDA has asked the government to bear the cost of maintaining accounts of policy holders under the New Pension System, a move that will encourage people to opt for the scheme.
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
After many cases of irregularities in old-age pension disbursement surfaced in Uttar Pradesh, Chief Minister Mayawati has directed authorities to lodge FIR against officials indulging in corrupt practices.
'Welfare schemes are not a necessary evil, they are a necessary good.'
While no specific state-oriented sops were rolled out, a strong thread of political wellness ran through the Budget.
Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.
There appears to be a growing perception among the political class that faster growth will not create jobs fast enough and, therefore, welfare spending needs to be drastically increased, says T T Ram Mohan.
September 15 is the deadline for paying the second instalment of advance tax. This is income-tax (I-T) taxpayers need to pay every quarter, instead of a lump sum at the end of the year. Ashutosh K Srivastava, senior associate, SKV Law Offices, says, "The tax has to be usually paid when income is earned. "Nonetheless, according to the I-T Act, the taxpayer has to estimate his income for the entire financial year. Based on that, he/she pays tax at specific intervals."
The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.
You need not worry even if there is a mismatch between your income and deduction in Form 16/16A and Form 26AS, says Ashley Coutinho
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
