'This year overall hiring has seen a slight improvement as compared to the dip seen during the last financial year.'
EPFO has an ambitious plan to settle the claims within few hours after filing of application
Finance Minister Nirmala Sitharaman on Thursday presented her sixth Budget in a row, equalling the record of former Prime Minister Morarji Desai.
'We cannot leave our entire unorganised sector to the vagaries of market forces.'
The Department for Promotion of Industry and Internal Trade (DPIIT) will soon start public consultation for a national retail trade policy, which is likely to include an insurance scheme aimed at providing financial protection against losses caused by theft, accidents or natural calamities. The policy will also spell out ways to give traders access to low-cost finance, promote digital inclusion, and create necessary infrastructure to support them, a senior government official told Business Standard. This is expected to offer relief especially to traditional traders, who are facing stiff competition from large e-commerce players.
Amid the Budget preparation, the revenue department is assessing the feasibility of further adjustments to maximise benefits for salaried individuals.
Congress Vice President Rahul Gandhi backed the long-pending demand of 'One Rank, One Pension' for former servicemen assuring them that he will make all efforts to ensure it is met at the earliest.
The party was trounced in Rajasthan, Madhya Pradesh and Chhattisgarh and is now left with only Himachal Pradesh in the north. It is ruling in only three states on its own and is in power in Bihar and Jharkhand as a junior partner in alliance with regional parties.
Charging the Indian Banks Association with going back on its commitments to the employees on increasing their wages and introducing a pension scheme, CPI leader Gurudas Dasgupta said he apprehended "prolonged confrontation" which would put the entire financial system in jeopardy.
It is not clear at this stage whether Tata will take up the government's offer of taking a 25 per cent stake in the business.
The union has been demanding appointment of staffs, implementation of proper pension scheme, opposing the idea of one delivery point and one post office system of the government, Union general secretary M Krishnan told reporters in New Delhi on Tuesday.
'The Congress is trying to reinvent itself -- the caste census demand, OBC emphasis, the anti-corporate thrust, especially on Adani etc -- all this is not standard Congress strategy.'
Prime Minister Dr Manmohan Singh has called for speedy implementation of various welfare schemes, which target the weaker sections of society.
...Even if it means less democracy, so that their everyday problems get solved? argues R Jagannathan.
Now that the National Pension Scheme offers more choices than the Employees Provident Fund, is more transparent and also allows to choose the level of allocation to equities as investors like, should one switch to the NPS?
More than 95 per cent people are benefiting from pension after the implementation of OROP, Parrikar said.
Expatriates working in India and some Indians working abroad for an Indian employer are required to make mandatory contributions to the Indian government's statutory provident fund.
Ask your HR department for details about the fund, trustees and returns
Batting great Sachin Tendulkar has called on the Board of Control for Cricket in India to recognise the Cricket Association for the Blind in India (CABI) and bring its players under the Board's pension scheme.
The Congress won 40 seats in the 68-member Himachal Pradesh assembly while the BJP got 25 seats.
The economists who signed the letter included Jean Drze , Abhijit Banerjee, Ajit Ranade, Jayati Ghosh, Kirit Parikh, Mihir Shah, Rohini Pande, and Vijay Joshi
According to insurers, the premium is quite low, claims are very high.
Draft report wants commissions phased out by 2011.
Financial planning expert Vetapalem Sridhar's advise on how the young should plan their investments.
Here's how you can plan your returns better by investing in mutual funds and the best mutual funds to invest in.
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 Union Cabinet on Wednesday approved a social security scheme to be implemented as a pilot project as a prelude to a central legislation for the unorganised sector
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Official panel points to bid deficiencies in rural job guarantee, pensions, housing and other programmes.
Prime Minister Narendra Modi on Wednesday urged the people to share their thoughts and ideas for the next 'Mann Ki Baat' programme scheduled to be aired on June 28.
'Modi must see how we live, what we have to do to educate our children.'
Secretary S K Nair said schemes for past and present cricketers at all levels are in the pipeline.
The delay in receiving the revised pension was due to problems in calculation at his bank's end.
The ambitious scheme "Abhay Hastam" (Hand of Reassurance), providing pension to every member of women's self help group after crossing the age of 60, will be launched by Andhra Pradesh government from November 1, the Chief Minister Y S Rajasekhara Reddy said on Thursday.
Under the proposed scheme, there will be tripartite agreement with member, bank/housing agency and EPFO for pledging future PF contributions as EMI payment.
Withdrawals from EPF and NPS to have same tax rates.
The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.
Soldiers remain firm in their protest against the delay in the implementation of the One Rank One Pension scheme.
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
