The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
For professionals, new pension scheme gives an equity booster but does not guarantee returns, comes at a cost.
South Haryana hasn't delivered a chief minister since 1967, when his father Rao Birender Singh was ousted from power. It's a legacy Rao Inderjit Singh is determined to reclaim.
Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
The poll panel has asked state Congress chief Govind Singh Dotasra to respond to the notices by 3 pm on Thursday and 7 pm on Friday, respectively.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Ahead of this election, the alliance between the BJP and the SKM had broken down. One reason is the fear that like Article 370, Article 371F might also be changed.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
Data released by the Life Insurance Council reveals that the total pension premium for the life insurance industry saw a growth of 159 per cent at Rs 22,268 crore (Rs 222.68 billion) for FY07 compared with Rs 8,568 crore (Rs 85.68 billion) in FY06.
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
The Congress wants to reinforce the tax more powerfully now after its four generations reaped benefit of the wealth passed on to them, he said.
Priyanka was addressing a rally to canvass for the Congress candidate in the Datia assembly seat of Madhya Pradesh, which will go to polls on November 17.
The high level coordination committee on financial markets, which consists of financial sector regulators, is likely to opt for a phased reduction in the commission paid to insurance agents.
NPS still has critics despite being in business for a decade and mopping Rs 24,000 crore as of 2013-14.
Employees joining companies after August and availing of the government benefits under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) will also have to link their PF accounts with Aadhaar numbers.
The Aam Aadmi Party (AAP), which contested the assembly polls in Himachal Pradesh for the first time, drew a blank securing just 1.10 per cent of the total votes cast.
'We waited patiently for 17 months, which is enough time for any government to implement a policy. If they can't do it in 17 months, they are either incompetent or they simply don't want to do it.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Shah, while releasing the saffron party's manifesto 'Sankalp Patra' for the upcoming assembly elections in Jharkhand, announced that a Displacement Commission would be formed to ensure rehabilitation of people displaced by industries and mines in the state.
The software is being developed in association with the Central Record-keeping Agency. It is expected to debut by the end of this year. PFRDA is also looking to have an ombudsman for redressal of investor grievances. To increase liquidity of the scheme, there could also be Tier-II accounts by the end of this year, which would allow investors to withdraw money at any given point of time.
'Basic Covid protocols were not followed, which is why so many teachers lost their lives.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Directing the DISCOMS to make the payments to the employees within three months, the Delhi high court asked them to adopt a method to pay pension, gratuity, leave encashment etc.
As political winds stir in these states, it's prudent to assess their economic landscapes.
When taken at the right time it can prove to be your best friend during old age
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
Rediff.com takes a look at the progress of schemes initiated by the government.
Functioning in several departments related to revenue collection has also been affected. Revenue collection has reduced by Rs 17,000 crore in March.
Days after protests by war veterans, Prime Minister Narendra Modi on Saturday said that his government was committed to One Rank One Pension.
Overall, the MF industry saw nearly Rs 5 trillion, or 18 per cent, of asset erosion in March, with the asset base shrinking to Rs 22.26 trillion from Rs 27.22 trillion at February-end.
The ruling Congress on Thursday swept the Shimla Municipal Corporation (SMC) polls with a two-third majority by winning 24 wards out of the total 34, wresting the prestigious civic body from the BJP.
The normal operations, including payment and settlement activities in the Reserve Bank of India (RBI), are likely to be affected on Friday with its employee unions going on one-day strike to press their demands on pension.
Finance Minister Pranab Mukherjee in likely to launch the scheme in the first week of July from Rai Bareli, the Lok Sabha constituency of Congress president Sonia Gandhi.
The government wants to reduce the rate of contribution - part of the employee's share - for a class of workers depending upon age, income or gender, without changing the contribution from the employer's share.
The proposal had attracted strong criticism from the salaried class.
Former chief minister Jai Ram Thakur, who was on Sunday elected the leader of the Bharatiya Janata Party legislative party in Himachal Pradesh, hit out at the Congress, alleging its government was failing to deliver on poll promises and leaders were moving in different directions.
RSS-aligned Bharatiya Mazdoor Sangh (BMS) on Monday expressed disappointment over the government's budget proposals with regard to divestment and foreign direct investment, especially in the insurance sector. The BMS, however, lauded the government for its current efforts on the massive vaccination programme, a special scheme for tea workers in West Bengal and Assam, labour oriented push on infrastructure projects in construction sector and development of five major fishing harbours viz. Kochi, Chennai, Visakhapatnam, Paradip, and Petuaghat as hubs for economic activities etc. On other Budget proposals, it said in a statement that "mixing the beautiful concept of Aatmanirbhar Bharat with FDI and disinvestment in the Union Budget is disappointing for the employees".
