It is worrisome that salaries are consuming as much expenditure as equipment.
The Union Cabinet on Wednesday approved 'Mission Karmayogi', dubbed as the biggest bureaucratic reform initiative, aimed at capacity building of government employees to make them more "creative, proactive, professional and technology-enabled". The core guiding principles of the competency-driven programme will be to support a transition from "rules based to roles based" HR management to prepare the Indian civil servant for the future, according to a government statement.
The move can help mop up about Rs 1.2 lakh every day for the purpose.
There is an attempt to brush aside the results of all surveys that point to a deteriorating jobs situation. This is counter-productive, says Mahesh Vyas.
Rules being drafted, to also cover unorganised sector; maternity benefit, old age pension, sickness allowance to be included
Fresh investments are constrained by tepid demand.
Pilots represented by union Vereinigung Cockpit were holding a strike at Munich airport, Lufthansa's second biggest airport after Frankfurt, from 0800-1600 GMT on Wednesday.
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
Siddaramaiah announces free LGP gas, universal health scheme in budget
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
Jaitley's fifth Budget has provided little relief to the middle class.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
'Like doctors, health workers, police, bankers are also COVID warriors,' notes Tamal Bandyopadhyay.
PSB branches will work fulltime on the 1st and 3rd Saturday.
The court was hearing petitions challenging the Aadhaar scheme.
Tax Guru Anil Rego answers your personal income tax queries.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
Arun Jaitley had a tough fiscal hill to climb.
BJP-ruled states push through amendments to laws, aim to get larger share of FDI pie
A six-point comparison by Anil Chopra, Group CEO & Director, Bajaj Capital
Retirees have better options that offer liquidity, better returns and are more tax-efficient.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
The Congress leader said a 'storm' was brewing on the economic front that will cause damage and hurt many.
'If you retain your account with the EPFO for 10 years, you get a life-long pension.'
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.
Pawan Kumar, organising secretary of the Bharatiya Mazdoor Sangh (BMS) affiliated to the Rashtriya Swayamsevak Sangh (RSS), tells Aditi Phadnis it will join forces with other trade unions if necessary to oppose the Employees' Provident Fund Organisation (EPFO) provisions in the Union Budget.
The abolition of wealth tax is again a welcome step.
EFPO launched a number of new facilities this year.
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
Governments must encourage micro-irrigation, use of natural manure and pesticides in a big way. Farm income can be doubled by reducing cost as much as by increasing MSP, says Sanjeev Nayyar.
The Employees' Provident Fund Organisation and the Labour Ministry are in touch with the Prime Minister's Office for the purpose, a senior official said.
The election campaign finally ended on Friday, May 17. Arindam Majumder reveals what he discovered on the election front on a long rail journey.
Retirement fund body EPFO will provide permanent or universal account numbers on the pattern of core banking services to its over 5 crore active subscribers.
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
India is not so worried about meeting fiscal deficit target.
A friendly working environment, special healthcare facilities, flexible work hours, work from home options, support and camaraderie among the team members keep employees highly motivated in these 10 companies.
Broader markers outperformed their larger peers.
