80% of beneficiaries in 300 districts to be linked with direct benefits transfer
Social activist Anna Hazare on Saturday said he has decided to suspend his agitation scheduled on October 2 in New Delhi as the Central government allowed the Land Ordinance to lapse and implemented the One Rank One Pension OROP) for ex-servicemen.
Interacting with representatives from NGOs, Congress leader Rahul Gandhi on Monday asked opposition parties to fix a date to help government pass bills on which there is general consensus.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
'Where in the world you get 12.5 per cent return of interest?'
The government has also revised the minimum wages for unskilled non-farm workers upwards by 42 per cent to Rs 350 per day
The tax rate rises to 10 per cent, 15, per cent, 20 per cent and 25 per cent for every Rs 2.5 lakh addition. A 30 per cent tax is charged for income over Rs 15 lakh.
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.
Only Rs 3,000 cr has been disbursed. Over 80% of these transfers were for cooking gas subsidy.
Jaitley has announced increasing the super-rich surcharge to 12%.
The former defence minister said that all formalities were completed and all orders issued on OROP but its implementation is not being done by the Modi government.
Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.
Maharashtra Chief Minister Uddhav Thackeray on Sunday night announced a statewide curfew in Maharashtra for 15 days from April 14. However, he clarified, essential services were exempt from the curbs.
The results of the assembly elections in Gujarat and Himachal Pradesh are also likely to play out during the start of the session.
Senior citizens should avoid putting their entire retirement corpus in SCSS.
Modi said not a single leader of the opposition grouping INDIA has uttered a word against the "disrespect" for women.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
The 'partial withdrawal' is however allowed only after 10 years of contribution by the subscriber, said the draft guidelines by the Pension Fund Regulatory and Development Authority.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The PFRDA Act would give statutory status to the pensions sector regulator, and in addition to other objectives, aims to address apprehensions regarding safety and yield under the National Pension System.
While govt has decided to maintain status quo, don't use the money for house, marriage or education
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
Finance Minister Arun Jaitley more than halved the central government's financial support.
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 government appointed panel will look at the difficulties consumers faced in receiving the subsidy after buying gas cylinders at market rates.
Tejashwi said the NDA won the assembly elections through "deceit".
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.
MFs continue to find it difficult to attract and retain long-term money from investors
'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'
The government should keep the interest of unemployed youth paramount and bring out various policy aspects of this initiative, Varun said.
The scheme is aimed at slashing the salary and pension bills of the three services, which have been increasing rapidly.
Rathore also reacted to the protest in the constituency in support of former MLA Rajpal Singh Shekhawat, saying the BJP is the only party that gives everybody opportunity to move forward.
Modi said the newly-sworn in government took four major decisions related to farmers' and traders welfare in the first meeting of the Union Cabinet.
Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors.
Veterans bemoan the 'lack of intention' shown by the Modi sarkar, who seem to have reneged on their poll promise.
Jack Ma, founder of China's e-commerce giant Alibaba suffered a major setback on Tuesday as Shanghai and Hong Kong Stock Exchanges suspended dual listing of the shares of his world's biggest initial public offer of $39.7 billion of the group's subsidiary - the Ant Group, 48 hours before the highly-anticipated trading was due to start. The Shanghai Stock Exchange surprised market investors with an abrupt announcement late on Tuesday that it will suspend Ant Group's IPO, as regulators and the public debate the balance between financial innovation and risk control, state run Global Times reported. According to media reports, the Hong Kong exchange followed suit several minutes later.
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.
The BJP also promised Rs 25,000 to girls from economically weaker sections under the 'Rani Gaidinliu Nupi Maheiroi Singi Scheme' if voted back to power.
Protestors continued to target railway properties in Bihar and West Bengal on Saturday to vent their ire against the Agnipath defence recruitment scheme disrupting train services in the eastern region for the fourth day in a row, while demonstrations were held on roads in Odisha and Jharkhand.
While India's GDP growth slowed to five-year low of 5.8% in Q4, China grew at 6.4%.
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