With the widespread use of new technologies, inter-connectedness and dependency, newer risks, threats and vulnerabilities have emerged.
Employees Provident Fund Organisation is likely to issue permanent account numbers to employees.
Net new enrolments with retirement fund body EPFO grew by nearly 20 per cent to 12.37 lakh in February compared to the same month in 2020, according to the payroll data released on Tuesday, providing a perspective on formal sector employment amid the coronavirus pandemic. The provisional payroll data of EPFO highlights a growing trend with the addition of 12.37 lakh net subscribers during the month of February, 2021, a Labour Ministry statement said. The data reflects growth of 3.52 per cent in net subscribers addition in February 2021 over January 2021.
Customers need to weigh whether they will be better off selling their mutual fund holdings or taking a loan against it.
Go for open-ended scheme that allows redemption, in case the fund does not perform
Centre releases Rs1,712cr to TN, Rs 1,234cr to Karnataka for drought.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
A coordination panel comprising senior leaders of the ruling Maha Vikas Aghadi alliance in Maharashtra will look into various aspects of the National Population Register (NPR), Chief Minister Uddhav Thackeray said in Mumbai on Tuesday. Addressing the media in Vidhan Bhavan in south Mumbai, where the budget session of the state legislature is underway, Thackeray said, "Responsible leaders of the three parties will be part of it (coordination committee on NPR)." "I won't let anyone snatch the rights of any citizens of Maharashtra. I am very clear on this," he said, when asked about differences in the ruling alliance over the implementation of NPR in the state.
'I would like to convey the message to your readers that the prime minister himself is directly seized of the situation on the ground. He periodically reviews the situation on the ground and how it is moving forward, taking inputs from economists, business leaders, chambers of commerce.'
Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its chairman and managing director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. Fines of Rs 25 crore and Rs 15 crore have been imposed on Reliance Industries Ltd (RIL) and Ambani, respectively. Besides, Navi Mumbai SEZ Pvt Ltd has been asked to pay a penalty of Rs 20 crore and Mumbai SEZ Ltd has been directed to pay Rs 10 crore. The case pertains to sale and purchase of RPL shares in the cash and the futures segments in November 2007.
Kurien adjourned the House till noon.
The real estate sector is a major employment provider and the economy cannot afford its hard landing. Harsh Roongta suggests measures that can revive the under-construction market
1.03 crore taxpayers have been registered under GST till February 25, of which 17.65 lakh are composition dealers who are required to file returns every quarter.
Retirement fund body EPFO settled 1.21 crore subscriber claims, including withdrawal and transfer of provident fund, in 2013-14, an increase of 13 per cent over the previous year.
The Congress chief spoke to the students on a host of issues, including demonetisation, job loss and his growth as a political leader.
The government is expecting to connect small towns with main metros through its Regional Connectivity Scheme
'The Modi regime is not willing to use its huge political capital for taking any economic policy measure that it fears might undermine that political strength, says A K Bhattacharya.
In a first for India, bullion derivatives contracts will be settled on a blockchain platform. This will help in global acceptance of gold refined by Indian bullion refineries, giving a fillip to the local industry, exports, as well as investments. From November 1, the National Stock Exchange (NSE) will accept gold delivery only on the blockchain platform.
Authorities on Saturday continued to dig up currency to the tune of lakhs of rupees, including in new notes, across the country.
Tax Guru Anil Rego answers your personal income tax queries.
Go cashless. Go clean, say I=T to people.
The government's largesse was widely expected after the ruling Bharatiya Janata Party lost power in the recent assembly polls in three Hindi heartland states, where rural distress was cited to be one of the reasons for the defeat of the saffron party.
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.
Conversion into jewellery during redemption would entail 15-20% wastage and making charges, rendering the scheme inefficient
People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.
Since you are betting only on a few stocks, the risks are high.
The Reserve Bank of India has told banks not to levy penal charges for non-maintenance of minimum balances in any inoperative account.
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
Delhi BJP chief Manoj Tiwari, who released the manifesto along with senior party leaders, including Union ministers Harsh Vardhan and Vijay Goel, said, "The sankalp patra embodies Prime Minister Narendra Modi's policies and the views of party president Amit Shah.
When looking at fund returns, avoid looking at just the past 12 months' performance, says Sanjay Kumar Singh
The Central Board of Trustees of Employees Provident Fund Organisation on Tuesday approved a scheme allowing subscribers to withdraw up to 90 per cent of the accruals to invest in Varishtha Pension Bima Yojana.
The Primary Market Advisory Committee of Sebi has suggested some changes and the market regulator had sought public comments on the recommendations.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
More than 60 individuals and entities, an overwhelming number of them Indians, were on Thursday charged by the Justice Department for allegedly participating in a multi-million dollar scam involving call centres based in India which conned thousands of American citizens.
A bench headed by Chief Justice P Sathasivam said that the plea of the Centre would be taken up for hearing on October 8.
EFPO launched a number of new facilities this year.
Starting early will help departments to get funds faster.
The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.
...but are we chasing yesterday's dreams, asks Ajit Balakrishnan.
With the Supreme Court ordering Kolkata Police Commissioner Rajeev Kumar to appear before the Central Bureau of Investigation, the agency will finally be able to question the top cop in cases arising out of the Saradha chit fund scam probe.
