News for 'New Pension Scheme'

Rumble of discontent over jobs runs through support for Modi in Gujarat

Rumble of discontent over jobs runs through support for Modi in Gujarat

Rediff.com1 Dec 2022

Nearly 3.64 lakh educated and "semi-educated" youngsters had registered with employment exchanges across Gujarat till December 2021, according to state government data.

Cong manifesto to counter Modi's guarantee with '5 nyay', '25 guarantees'

Cong manifesto to counter Modi's guarantee with '5 nyay', '25 guarantees'

Rediff.com19 Mar 2024

The Congress has so far announced 82 candidates for the seven-phase Lok Sabha polls beginning April 19.

MUST KNOW About NRO, NRE Accounts

MUST KNOW About NRO, NRE Accounts

Rediff.com26 Aug 2024

'Despite rising inflows, many NRIs lack awareness about NRO and NRE accounts and mistakenly use family accounts or invest in a relative's name.' 'Many are unaware of tax implications.'

Budget views: The good and the bad points

Budget views: The good and the bad points

Rediff.com11 Jul 2014

A look at how people from different walks of life analyse the Budget.

In debate over NPS and EPFO returns, one retirement fund edges ahead

In debate over NPS and EPFO returns, one retirement fund edges ahead

Rediff.com12 Jun 2023

If you work for 30 years, a two per cent difference in pension returns can reduce your final retirement nest egg by 40 per cent. The Rs 9-trillion National Pension System (NPS) seems to be delivering incrementally higher returns than the twice-as-large Employees' Provident Fund Organisation (EPFO), shows a Business Standard analysis of data over the last seven years for the two retirement fund bodies. An investor who put in Rs 100 in retirement savings seven years ago would have seen her NPS nest egg grow to Rs 182 by 2023, according to the analysis based on the Pension Fund Regulatory and Development Authority's recently released Handbook of National Pension System Statistics 2023.

Cong blames state leadership for Guj rout, says it's time for introspection

Cong blames state leadership for Guj rout, says it's time for introspection

Rediff.com9 Dec 2022

Ramesh said the local leadership and admitted there were shortcomings in the party's campaign there.

Fresh formal hiring at seven-month high in April, shows EPFO data

Fresh formal hiring at seven-month high in April, shows EPFO data

Rediff.com22 Jun 2024

The number of fresh formal jobs generated in a month increased to a seven-month high in April, signalling a recovery in the formal labour market in the country, according to the latest monthly payroll data released by the Employees' Provident Fund Organisation (EPFO) on Thursday. In April, the number of new monthly subscribers under the Employees' Provident Fund (EPF) sequentially increased by 18.77 per cent to 887,438 from 747,146 in March.

Railway employees to go on hunger strike for better pay

Railway employees to go on hunger strike for better pay

Rediff.com8 Oct 2012

A federation of various railway employee unions has decided to launch a countrywide 24-hour hunger strike on Tuesday to demand better package for railway employees and scrapping of new pension scheme.

Railwaymen to go on hunger strike tomorrow

Railwaymen to go on hunger strike tomorrow

Rediff.com8 Oct 2012

The demands include better package for trackman, upgradation technician's grade, improvement of pay scales of running staff and clearance of arrears, among others.

Soon, a portal to help pensioners get digital life certificates

Soon, a portal to help pensioners get digital life certificates

Rediff.com10 Sep 2015

A pension disbursing bank can access the portal to get digital life certificate.

Winter Session: Opposition wants discussion on these issues

Winter Session: Opposition wants discussion on these issues

Rediff.com6 Dec 2022

In the all-party meeting on Tuesday, Opposition parties demanded discussions on price rise, unemployment and Economically Weaker Section (EWS) quota among other issues, sources said.

Factional feud, poll promises major challenges for new Cong govt in Himachal

Factional feud, poll promises major challenges for new Cong govt in Himachal

Rediff.com11 Dec 2022

Allocation of portfolios would be the immediate vexatious issue for the party, with supporters of Virbhadra Singh already feeling sidelined after the elevation of the late chief minister's professed rival Sukhu.

Modi promises bonanza to traders if re-elected

Modi promises bonanza to traders if re-elected

Rediff.com19 Apr 2019

If re-elected, his government will set up a National Traders' Welfare Board, bring trader credit cards and a pension scheme for small shopkeepers besides making a provision to provide loans of up to Rs 50 lakh without collateral.

SBI staff plans indefinite strike from Monday

SBI staff plans indefinite strike from Monday

Rediff.com1 Apr 2006

Employees of the State Bank of India will go on an indefinite strike countrywide from Monday demanding enhanced pension package.

Wage Pact: Will Bankers Make More Money?

Wage Pact: Will Bankers Make More Money?

Rediff.com2 May 2024

Postings to places at an altitude above 1,000 metres but less than 1,500 metres, between 1,500 and 3,000 metres, and above 3,000 metres entail different rates of allowances -- the higher the location, the bigger the allowance, reveals Tamal Bandyopadhyay.

'We don't want Aadhar, Aadhar Hatao'

'We don't want Aadhar, Aadhar Hatao'

Rediff.com28 May 2024

'The aged with retina and finger print issues are not getting access to pension and ration.' 'If all becomes digital -- what'll happen to the poor?'

7.7% H1 growth leaves 'sceptics gasping and woefully behind curve': RBI article

7.7% H1 growth leaves 'sceptics gasping and woefully behind curve': RBI article

Rediff.com20 Dec 2023

GDP growth of 7.7 per cent in the first half of this fiscal has "left sceptics gasping and woefully behind the curve", an RBI article said on Wednesday. It also stressed the buildup in the growth momentum is likely to be sustained. The article on the state of the economy published in the Reserve Bank's December Bulletin on Wednesday also said CPI-based retail inflation is expected to ease to 4.6 per cent in the first three quarters of 2024-25 from 5.6 per cent in November.

Nayab Singh Saini stakes claim to form govt in Haryana

Nayab Singh Saini stakes claim to form govt in Haryana

Rediff.com16 Oct 2024

Nayab Singh Saini on Wednesday staked claim to form the next government in Haryana, hours after he was unanimously elected as the leader of the Bharatiya Janata Party legislature party in the state.

Budget 2018: Jaitley may have some bad news for the labour ministry

Budget 2018: Jaitley may have some bad news for the labour ministry

Rediff.com31 Jan 2018

It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.

Tax sops may boost sagging insurance sector in 2013

Tax sops may boost sagging insurance sector in 2013

Rediff.com25 Dec 2012

The tax authorities and insurance regulator Irda are working on the possibility of removing Service Tax on first premium.

OROP: Ex-servicemen begin dharna at Jantar Mantar

OROP: Ex-servicemen begin dharna at Jantar Mantar

Rediff.com23 Jun 2015

About 70 ex-servicemen on Tuesday sat on a dharna at Jantar Mantar in New Delhi against the delay in implementation of the 'One Rank, One Pension' scheme even as the relay-hunger strike by retired soldiers on the issue entered its ninth day.

Bank employees to get 17.5% pay hike

Bank employees to get 17.5% pay hike

Rediff.com27 Apr 2010

Thousands of public sector bank employees across the country now have reason to rejoice.

Will launch stir if OROP is not brought: Hazare to PM

Will launch stir if OROP is not brought: Hazare to PM

Rediff.com8 Jul 2015

The social activist said the OROP issue was agreed upon by the government in 2014 but was not implemented.

Digital India programme to offer passport, pension online

Digital India programme to offer passport, pension online

Rediff.com11 May 2016

Telecom and IT Minister Ravi Shankar Prasad said one of the primary focus areas of Digital India is Pillar 5: eKranti - electronic delivery of services.

Can Gehlot Make It Two In A Row?

Can Gehlot Make It Two In A Row?

Rediff.com22 Nov 2023

The fact that Gehlot has stayed relevant these five years with his populist schemes is one reason why he may beat incumbency in a state that votes for change every election, observes Ramesh Menon.

Govt mulls scheme to support overseas workers

Govt mulls scheme to support overseas workers

Rediff.com29 Sep 2011

Overseas Indian Affairs Minister Vayalar Ravi said the diaspora community has been contributing significantly to India's economy by sending billion of dollars in remittances and government is launching the scheme to support them on their return to the country.

Voter ID card as age proof for pensioners above 80

Voter ID card as age proof for pensioners above 80

Rediff.com14 Aug 2009

The government had earlier stipulated documents such as PAN card, matriculation certificate, passport, CGHS card and driving licence as proof of age for old pensioners.

MFs to get rich with inflows from PSUs

MFs to get rich with inflows from PSUs

Rediff.com18 May 2007

Mutual funds are set to bag a huge chunk of the nearly Rs 3,05,000 crore cash reserves of the public sector companies.

NPR beneficial for welfare schemes, strengthening security: MHA

NPR beneficial for welfare schemes, strengthening security: MHA

Rediff.com24 Dec 2019

The NPR data can be used for transparent and efficient delivery of social benefits by linking it with various beneficiary oriented government schemes, they said.

Cong returned to power in Raj in 2018 due to my work: Gehlot

Cong returned to power in Raj in 2018 due to my work: Gehlot

Rediff.com26 Jan 2023

As he said this, he set the target of winning 156 seats in the assembly election due later this year.

Ex-servicemen hold OROP rally in Mumbai

Ex-servicemen hold OROP rally in Mumbai

Rediff.com31 Oct 2015

Ex-servicemen on Saturday protested against the delay in issue of official notification by the government to 'one rank one pension' scheme as announced by Defence Minister Manohar Parrikar in September.

Good new for ex-servicemen: Centre releases new pensionary benefits

Good new for ex-servicemen: Centre releases new pensionary benefits

Rediff.com14 Mar 2016

The government on Monday announced that it has credited revised pensionary benefits along with arrears under One Rank-One Pension scheme to more than 2 lakh pensioners drawing service and disability pensions.

IT firms continue to gain market share

IT firms continue to gain market share

Rediff.com23 Nov 2010

Private sector has continued to look at outsourcing and offshoring, despite government's measures.

MFs step up buying as FPI flows thin out

MFs step up buying as FPI flows thin out

Rediff.com17 Aug 2023

Mutual funds (MFs) have stepped up equity purchases after staying on the fence for over two months. Their net equity investments reached a four-month high of Rs 7,700 crore in July, rising for the fourth consecutive month after withdrawing a net of Rs 5,100 crore in April 2023. This trend continued in August, with net investments of Rs 3,400 crore in the first three trading sessions, according to data from the Securities and Exchange Board of India.

Dear Nirmalaji: 'Everybody should be given a job'

Dear Nirmalaji: 'Everybody should be given a job'

Rediff.com13 Jan 2021

Dhrupadi Ghosh, who works for a magazine in Kolkata, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.

Be patient, says navy chief on One Rank One Pension

"Be patient", says navy chief on One Rank One Pension

Rediff.com28 May 2015

RK Dhowan stressed that OROP has been a "priority area" and the issue has been taken up with the ministry.

No OROP policy for paramilitary forces: Govt

No OROP policy for paramilitary forces: Govt

Rediff.com21 Jul 2015

The government on Tuesday said it is not formulating any policy for implementing 'One Rank One Pension Scheme' for paramilitary forces.