News for 'New Pension Scheme'

PM Modi hits the streets of Varanasi for second day running

PM Modi hits the streets of Varanasi for second day running

Rediff.com5 Mar 2017

With an intention of pinching the opposition, Prime Minister Narendra Modi on Sunday launched a verbal attack, saying the Congress, Samajwadi Party and Bahujan Samaj Party believe in 'kuch ka saath kuch ka vikas'.

'Modi remains deeply involved in every election the BJP contests'

'Modi remains deeply involved in every election the BJP contests'

Rediff.com9 Dec 2022

'The BJP while being in government in Gujarat continues to campaign like an Opposition party whereas the Opposition does the opposite.'

BJP retains Gujarat with record win; Congress bags Himachal

BJP retains Gujarat with record win; Congress bags Himachal

Rediff.com8 Dec 2022

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain power for a record seventh straight term but was behind the Congress in Himachal Pradesh which could go with the trend of alternative governments in the hill state.

TAX GURU: 'Can this help save capital gain tax?'

TAX GURU: 'Can this help save capital gain tax?'

Rediff.com8 Jun 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Stalin's son Udhayanidhi made minister, says work will speak

Stalin's son Udhayanidhi made minister, says work will speak

Rediff.com14 Dec 2022

Dravida Munnetra Kazhagam legislator and the party's youth wing secretary Udhayanidhi Stalin was sworn in as minister in Chennai on Wednesday by Tamil Nadu Governor R N Ravi.

'Am I too aggressive with my SIPs?'

'Am I too aggressive with my SIPs?'

Rediff.com1 Dec 2022

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

'Why is my leave encashment not exempt from tax?'

'Why is my leave encashment not exempt from tax?'

Rediff.com7 Oct 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Why is govt borrowing from the market?

Why is govt borrowing from the market?

Rediff.com24 Feb 2021

To make possible discretionary spending including capex and that on welfare, the government decided to borrow more than planned in FY21 -- Rs 12.7 trillion.

'Confused. Which MFs can get us Rs 1.5 cr in 18 yrs?'

'Confused. Which MFs can get us Rs 1.5 cr in 18 yrs?'

Rediff.com15 Dec 2022

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

Govt announces post-retirement jobs for Agniveers as protests erupt

Govt announces post-retirement jobs for Agniveers as protests erupt

Rediff.com15 Jun 2022

The Centre on Wednesday announced a raft of post-retirement employment possibilities for 'Agniveer' like priority in recruitment to the central armed police forces (CAPF) and Assam rifles but that failed to assuage the concerns of the opposition Congress which warned the 'transformative' 'Agnipath' scheme will reduce the operational effectiveness of the armed forces.

'I have faith in PM Modi': V K Singh on OROP row

'I have faith in PM Modi': V K Singh on OROP row

Rediff.com27 Aug 2015

Union minister and former Army Chief General (retd) V K Singh on Wednesay said he has firm faith in Prime Minister Narendra Modi who had taken a pledge to implement the OROP scheme for ex-servicemen.

Govt to contribute 8.33% to EPS for new workers, gives Rs 1000 crore

Govt to contribute 8.33% to EPS for new workers, gives Rs 1000 crore

Rediff.com29 Feb 2016

This will incentivise employers to recruit unemployed persons and also bring into books the informal employees.

Mathura all set for PM's mega rally, first of BJP's 200 to mark one year in office

Mathura all set for PM's mega rally, first of BJP's 200 to mark one year in office

Rediff.com25 May 2015

Preparations are in full swing for Prime Minister Narendra Modi's in Uttar Pradesh's Mathura, which will mark beginning of the Bharatiya Janata Party's celebration of its first year in office.

Overseas Education Comes With A Cost

Overseas Education Comes With A Cost

Rediff.com17 May 2023

According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.

Kapil, Dhoni, Gavaskar lavish praises on Srinivasan

Kapil, Dhoni, Gavaskar lavish praises on Srinivasan

Rediff.com28 Dec 2018

They were speaking at a function to mark the release of 'Defying the Paradigm,' a coffee table book on Srinivasan's 50-year journey with India Cements.

One Fears For What Is To Come

One Fears For What Is To Come

Rediff.com26 Nov 2022

The most important institutions have been and are being undermined with almost no resistance, warns Aakar Patel.

Jan Dhan Yojana powers Modi Sarkar's financial inclusion drive

Jan Dhan Yojana powers Modi Sarkar's financial inclusion drive

Rediff.com11 Mar 2019

There were concerns that simply opening a bank account wouldn't constitute meaningful financial inclusion, as the poor would rarely use these accounts. However, recent data submitted to Parliament attests to increased account usage, says Ishan Bakshi.

Protesters go on rampage during Bihar bandh, BJP leaders get security

Protesters go on rampage during Bihar bandh, BJP leaders get security

Rediff.com18 Jun 2022

A railway station and a police vehicle were torched and several law enforcers injured in stone-pelting incidents on the fourth consecutive day of protests against Agnipath scheme on Saturday when a bandh was also called to press for the demand for rollback of the new scheme for recruitment in armed forces.

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Rediff.com14 Mar 2022

According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.

Is there a Rs 1.25 trillion hole in the EPS?

Is there a Rs 1.25 trillion hole in the EPS?

Rediff.com17 Jan 2018

'How is the scheme running despite running such massive deficits?' 'This is because the number of new members are much more than earlier members who are drawing pension.' 'If this was done by a private organisation, it would have been called a Ponzi scheme in which the contribution by new members is being used to pay off old members,' says Harsh Roongta.

For every rupee in govt kitty, 53 paise to come from taxes

For every rupee in govt kitty, 53 paise to come from taxes

Rediff.com1 Feb 2021

The government is also looking to earn 8 paise for every rupee from Union excise duty and 3 paise from customs duty. While, income tax will yield 14 paise to every rupee collection.

Abu Dhabi sovereign fund first to get 100% tax exemption in infra

Abu Dhabi sovereign fund first to get 100% tax exemption in infra

Rediff.com4 Nov 2020

The government, under the Finance Act, 2020, had allowed tax exemption for SWFs and pension funds in the case of incomes from investment in 34 key infrastructure sectors, including hotels, cold chains, educational institutions, hospitals, and gas pipelines.

Parrikar rules out army deployment in anti-Naxal operations

Parrikar rules out army deployment in anti-Naxal operations

Rediff.com27 May 2015

Defence Minister Manohar Parrkar ruled out the possibility of deploying the Indian Army in anti-Naxal operations.

Basic demand accepted, ex-servicemen should withdraw stir: Govt

Basic demand accepted, ex-servicemen should withdraw stir: Govt

Rediff.com5 Sep 2015

The government on Saturday asked the ex-servicemen to end their 84-day agitation as their basic demand for 'One Rank and One Pension' has been accepted and asserted it was open to talks after the veterans voiced their dissatisfaction over key provisions.

At over Rs 36,000 cr, India sees record anchor investment in IPOs this year

At over Rs 36,000 cr, India sees record anchor investment in IPOs this year

Rediff.com1 Dec 2021

Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.

The Curious Case Of Andhra Pradesh Capitals

The Curious Case Of Andhra Pradesh Capitals

Rediff.com17 Feb 2023

The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis.

Did Jaitley have prior knowledge of Urjit Patel's decision?

Did Jaitley have prior knowledge of Urjit Patel's decision?

Rediff.com11 Dec 2018

Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation

FM seeks additional Rs 2.35 lakh crore to meet expenses

FM seeks additional Rs 2.35 lakh crore to meet expenses

Rediff.com14 Sep 2020

Of the total cash outgo Rs 40,000 crore is towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program and Rs 33,771.48 crore have been sought for direct benefit transfer under Pradhan Mantri Jan Dhan Yojana and National Social Assistance Programme.

Cong development's enemy, double benefit to Himachal if BJP re-elected: Modi

Cong development's enemy, double benefit to Himachal if BJP re-elected: Modi

Rediff.com9 Nov 2022

If the Congress comes to power in the state, it will not allow his government to work, Modi claimed.

Agnipath stir: Bihar Dy CM house attacked, BJP offices torched

Agnipath stir: Bihar Dy CM house attacked, BJP offices torched

Rediff.com18 Jun 2022

Protests against 'Agnipath' left Bihar in flames on Friday when rampaging mobs set fire to dozens of railway coaches, engines and stations and torched Bharatiya Janata Party offices, vehicles and other property, prompting the police to suspend internet services in nearly a third of the state.

Prioritise needs, spend efficiently: Inderjit Singh to armed forces

Prioritise needs, spend efficiently: Inderjit Singh to armed forces

Rediff.com1 Oct 2015

Minister of state for defence, Rao Inderjit Singh, on Thursday asked the armed forces to "prioritise" their requirements in the view of the limited budget and also spend the allocated money efficiently.

All you want to know about advance tax

All you want to know about advance tax

Rediff.com13 Sep 2022

September 15 is the deadline for paying the second instalment of advance tax. This is income-tax (I-T) taxpayers need to pay every quarter, instead of a lump sum at the end of the year. Ashutosh K Srivastava, senior associate, SKV Law Offices, says, "The tax has to be usually paid when income is earned. "Nonetheless, according to the I-T Act, the taxpayer has to estimate his income for the entire financial year. Based on that, he/she pays tax at specific intervals."

Aadhaar must to avoid fake PAN cards: Centre to SC

Aadhaar must to avoid fake PAN cards: Centre to SC

Rediff.com2 May 2017

The AG said that due to Aadhaar, government has saved over Rs 50,000 crore on the schemes to benefit the poor as well as the pension schemes.

BJP vs Congress: How their manifestos compare

BJP vs Congress: How their manifestos compare

Rediff.com8 Apr 2019

Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.

Coal India executives call off strike

Coal India executives call off strike

Rediff.com14 Mar 2014

The CMOAI had earlier called for a three-day strike that began on Thursday.

'Indian soldier costs minimum, delivers maximum'

'Indian soldier costs minimum, delivers maximum'

Rediff.com18 Jun 2022

'We're hitting at the core strength of our armed forces.'

No change in labour laws without unions' consent: Modi

No change in labour laws without unions' consent: Modi

Rediff.com20 Jul 2015

The government has set up a high-level committee.

Mutual fund industry's hopelist for Jaitley

Mutual fund industry's hopelist for Jaitley

Rediff.com26 Feb 2016

MFs continue to find it difficult to attract and retain long-term money from investors

Savers in dark over Sahara's latest shadow banking schemes

Savers in dark over Sahara's latest shadow banking schemes

Rediff.com23 Dec 2015

Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.

PM's Jan Dhan Yojana: 1 crore bank accounts likely on day 1

PM's Jan Dhan Yojana: 1 crore bank accounts likely on day 1

Rediff.com27 Aug 2014

The government plans a mega launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) by Prime Minister Narendra Modi on August 28, which is likely to see opening of one crore bank accounts on the first day itself.