Haryana Labour Minister Anil Vij reveals a major scam in the labour department, with nearly 90% of work slips examined found to be fake. An investigation into the Haryana Building and Other Construction Workers Welfare Board reveals potential losses of thousands of crores of rupees.
Failing to get Election Commission's nod for campaigning and undertaking preparatory activities for launch of the scheme on April 1, the government on Thursday announced its decision to defer extension of the scheme to other citizens. The Centre has already implemented the new pension system for its employees who joined on or after January 1, 2004.
Punjab Governor Gulab Chand Kataria emphasised the importance of Aadhaar in promoting good governance, transparency, and ease of living, highlighting its role in ensuring welfare benefits reach the intended recipients and strengthening the rural economy through Direct Benefit Transfer.
Senior Trinamool Congress leader Abhishek Banerjee has accused the BJP-led central government of planning to increase fuel prices after the West Bengal assembly elections. He challenged the BJP to promise no price hikes for LPG, petrol, and diesel over the next five years.
Union Labour Ministry has announced pension scheme for unorganised labour hands like mine and cine workers.
Trinamool Congress leader Abhishek Banerjee has accused the BJP government of conspiring against Indian citizens by deleting names from electoral rolls and diverting attention from core issues.
The government will operationalise the interim Pension Fund Regulatory and Development Authority and come up with the new pension scheme for about 1,00,000 employees from January 1, 2004.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The fee for fund manager will change. As of now, they get 0.0009 per cent of the funds managed by them.
Rahul Gandhi intensified the Congress campaign in Kerala, alleging collusion between the LDF and BJP, citing corruption cases and the drug issue in the state. He also criticised the LDF government's handling of the Sabarimala gold loss and unemployment.
The Trinamool Congress (TMC) has released its manifesto for the West Bengal elections, focusing on welfare politics and women's empowerment with pledges to expand existing schemes, improve healthcare, and develop infrastructure.
Trinamool Congress leader Abhishek Banerjee has warned of a significant increase in cooking gas and fuel prices by the BJP-led central government following the West Bengal assembly elections. He accused the BJP of neglecting the fuel crisis and challenged them to pledge no price hikes for the next five years.
Trinamool Congress leader Abhishek Banerjee alleges the BJP-led government may increase fuel prices after the West Bengal assembly elections, accusing them of neglecting the common man and withholding funds from the state.
"The pension amount is too meagre. Even in some cases it is less than Rs 200 per month. There is serious discontent and industrial unrest among the workers, " HMS secretary A D Nagpal said in a letter to the labour minister M Mallikarjun Kharge. Asking the government to address the anomalies in the scheme, Nagpal demanded that pension amount should be reasonably increased and the benefits which were withdrawn should be restored.
The INDIA bloc has released its manifesto for the Bihar assembly polls, promising jobs, restoration of the old pension scheme, and free power, among other things.
Employees' Pension Scheme has been asked to fold up and hand over subscribers to National Pension System
NPS Vatsalya offers a disciplined investment avenue that parents can use to create intergenerational wealth by contributing even small sums.
Institutions that are supposed to promote and sell the product are more or less clueless about it even though it has been a month since the scheme was launched on May 1. Only few of the institutions that have been nominated to help investors enrol are aware of the procedures. There were no designated help desks. At best, one could only get the form.
Finance Minister Nirmala Sitharaman on Monday introduced the Taxation Laws (Amendment) Bill, 2025, which aims to provide tax exemptions to subscribers of the Unified Pension Scheme.
Congress MP Priyanka Gandhi has accused the ruling LDF in Kerala and Chief Minister Pinarayi Vijayan of being Prime Minister Narendra Modi's "B-team" and of secretly joining hands with the BJP, alleging a compromised leadership and lack of accountability.
In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
A record amount of pension money may be finding its way into the stock market, if buying figures in the National Stock Exchange (NSE) data are any indication. Category inflows touched Rs 37,409 crore for the three months ending September 2025, shows an analysis of NSE data.
The New Pension Scheme is one of the more ambitious programmes tried out by the government. If successful, it has the power to transform India's savings habits.
Haryana Chief Minister Nayab Singh Saini addressed the 'Saini Samaj' in Punjab, appealing to the OBC community ahead of the upcoming state elections. He criticized rival parties for neglecting OBCs and highlighted the BJP's commitment to their welfare.
Here are the answers to six most relevant questions you MUST know about the New Pension Scheme.
The roll-out of the auto enrollment began in October 2012.
Till a few days ago, executives at the banks that have been designated points of presence to register subscribers and receive contributions, did not even know about the scheme.
Political observers said the announcement assumes significance as the state prepares for the assembly elections, with political parties stepping up outreach to various community groups.
Governments should move away from universal subsidies towards tightly targeted transfers, backed by stricter eligibility norms, sunset clauses and periodic audits to curb leakages and improve spending efficiency, a joint study by Asian Development Bank and PwC has recommended.
The National Pension System is applicable for government employees joining the service after April 1, 2004. It was based on the premise of contribution rather than defined benefit applicable for employees prior to the NPS.
rediffGURU T S Khurana answers readers' personal income tax queries
'The informal sector can grow at a 100 per cent rate -- we have to plan big.'
The Employees' Provident Fund Organisation (EPFO) board has approved liberalised part withdrawals for subscribers, allowing up to 100 per cent EPF withdrawal, and rolled out the 'Vishwas Scheme' to reduce litigation through rationalised penal damages.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
From April 1, subscribers will be able to change investment option & asset allocation twice a year, instead of once. Use greater flexibility offered by pension scheme judiciously.
The Life Insurance Corporation of India, who was supposed to launch the much-awaited Varishtha Pension Bima Yojana from Tuesday, has postponed the scheme indefinitely.\n\n
Around 24 paise will come from borrowings and other liabilities, 10 paise from non-tax revenue like disinvestment, and 2 paise from non-debt capital receipts, the Budget documents showed.
Who pays what into EPF, EPS, and EDLI -- the 12% math explained.
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