News for 'Pensioners'

Cash row: Resignation only option before Justice Varma to avoid impeachment

Cash row: Resignation only option before Justice Varma to avoid impeachment

Rediff.com8 Jun 2025

Officials aware of the procedure to appoint and remove Supreme Court and high court judges pointed out that while defending his case before lawmakers in any of the House, Justice Varma can announce that he is quitting and his verbal statement will be considered as his resignation.

'BJP-nominated' EC trying to rig Bihar polls: Rahul leads protest in Patna

'BJP-nominated' EC trying to rig Bihar polls: Rahul leads protest in Patna

Rediff.com9 Jul 2025

Congress leader Rahul Gandhi accused the BJP of rigging the Maharashtra assembly elections and expressed concerns about similar tactics being used in the upcoming Bihar polls. He alleged that the special intensive revision of electoral rolls in Bihar is an attempt to manipulate the election process.

Bihar's Revision Of Voters List: What's Cooking?

Bihar's Revision Of Voters List: What's Cooking?

Rediff.com1 Jul 2025

'The Election Commission is conducting the National Register of Citizens in Bihar through the backdoor.'

Family pension: Major decision for women employees

Family pension: Major decision for women employees

Rediff.com29 Jan 2024

In a path-breaking decision with far-reaching socio-economic impact, the Centre has allowed woman employees to nominate her son or daughter for family pension, instead of her husband, according to an official statement issued on Monday. Previously, family pension was granted to the spouse of a deceased government servant or pensioner, while other family members became eligible only after the spouse's ineligibility or demise, the statement said. Union Minister of State for Personnel Jitendra Singh said that the Department of Pensions and Pensioners' Welfare (DoPPW) has introduced an amendment to the Central Civil Services (Pension) Rules, 2021, allowing female government employees or pensioners to grant family pension to their eligible child/children after their own demise, in place of of their spouse.

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

History In Minutes Panshet Dam Burst: Remembering 1,000 Deaths In Pune

Rediff.com14 Jul 2025

64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.

'My Mother Received An I-T Notice For...'

'My Mother Received An I-T Notice For...'

Rediff.com8 Apr 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

'A Great Retirement Product For Every Indian Is...'

'A Great Retirement Product For Every Indian Is...'

Rediff.com4 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Pak hikes defence budget amid tension with India

Pak hikes defence budget amid tension with India

Rediff.com11 Jun 2025

Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.

RBI Eases KYC Deadline For Low-Risk Customers

RBI Eases KYC Deadline For Low-Risk Customers

Rediff.com13 Jun 2025

'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'

'We Were Hoping We Would Be Able To Catch Them Alive'

'We Were Hoping We Would Be Able To Catch Them Alive'

Rediff.com8 Jul 2025

'The CBI did a wonderful job of tracking down the killers, but at the end of the day, all the hard work went for a toss.' 'If we had caught them alive, the operation would have been successful completely.'

From IIT-Delhi To Sugar Land City Council

From IIT-Delhi To Sugar Land City Council

Rediff.com7 Jul 2025

'A large part of my effort will be solving issues for the whole of Sugar Land, all communities, all populations.'

Women employees may now nominate children for family pension

Women employees may now nominate children for family pension

Rediff.com29 Jan 2024

In a path-breaking decision with far-reaching socio-economic impact, the Centre has allowed woman employees to nominate her son or daughter for family pension, instead of her husband, according to an official statement issued on Monday.

FinMin rejects plea to double minimum EPS pension

FinMin rejects plea to double minimum EPS pension

Rediff.com12 Feb 2024

The Union finance ministry has rejected a proposal sent by the labour ministry to double the monthly minimum pension amount to Rs 2,000 under the Employee Pension Scheme (EPS). The Central Board of Trustees (CBT), the apex decision-making body of the Employee Provident Fund Organisation (EPFO), was apprised of the proposal's rejection during a meeting on Saturday. "According to the recommendations made by a highly-empowered monitoring committee constituted by the government, a proposal to increase the minimum pension under EPS from Rs 1,000 to Rs 2,000 per month, by providing additional budgetary support, was sent to the ministry of finance.

Smart Fixes for Low Savings Problem

Smart Fixes for Low Savings Problem

Rediff.com20 Jun 2025

Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.

'Can I Claim TDS Refund On FD Interest?'

'Can I Claim TDS Refund On FD Interest?'

Rediff.com4 Jun 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

Public-promoter confusion deepens with switches across companies

Public-promoter confusion deepens with switches across companies

Rediff.com24 May 2025

There have been multiple instances of the same entity appearing as both a public shareholder as well as under the promoter classification in some listed companies. And this dual-classification happened in the same quarter, according to data compiled by primedatabase.com.

'Will It Be All-Out War? Or A Punitive Strike?'

'Will It Be All-Out War? Or A Punitive Strike?'

Rediff.com1 May 2025

'The government has to explain (to the army, air force and navy chiefs) whether they want a punitive strike, a deep punitive strike, or whether they want limited war or an all-out war, will it be a circumscribed war or will it be a shallow attack along the border.'

Uniform unites, not religion, says HC; upholds Army officer's sacking

Uniform unites, not religion, says HC; upholds Army officer's sacking

Rediff.com1 Jun 2025

A bench of Justices Navin Chawla and Shalinder Kaur rejected the petition by the Indian Army Lieutenant, who served as a 'Troop Leader' of a squadron, against the termination order passed on March 3, 2021, that dismissed him from the Indian Army without pension and gratuity.

What The Next Census Will Discover

What The Next Census Will Discover

Rediff.com5 Jun 2025

The next Census' findings will help identify the extent of India's ageing population and vulnerability levels.

Wrong ITR Form Can Delay Tax Returns

Wrong ITR Form Can Delay Tax Returns

Rediff.com27 May 2025

The return filed could be treated as defective, invalid, or even be considered as not filed at all.

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

Rediff.com23 Apr 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

India's NavIC satnav system faces crucial test during war

India's NavIC satnav system faces crucial test during war

Rediff.com29 Apr 2025

The need for NavIC was cemented after India was denied access to crucial navigation data from global providers during the 1999 Kargil War.

National pension system added 21.5% fewer corporate subscribers in 2023

National pension system added 21.5% fewer corporate subscribers in 2023

Rediff.com4 Mar 2024

The National Pension System (NPS) added 21.5 per cent fewer fresh subscribers under the corporate segment in 2023 compared to the preceding year. Government officials and experts attribute it to the higher exemption limit of income tax of Rs 7 lakh announced in the FY24 Budget that no more requires employees under this income bracket to opt for NPS for tax-saving purposes. Data collated from the Ministry of Statistics and Programme Implementation (MoSPI) reveals that the corporate component is voluntary in nature and saw 158,212 new subscribers in 2023 compared to 201,517 during 2022.

Ruckus in K'taka assembly over 'honeytrap' scandal

Ruckus in K'taka assembly over 'honeytrap' scandal

Rediff.com21 Mar 2025

Marshals had to forcefully evict the BJP MLAs who had surrounded the Speaker's chair.

'Bad Idea To Buy In Overheated Market?'

'Bad Idea To Buy In Overheated Market?'

Rediff.com14 Apr 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

'Tu bahar mil': Convict issues threat to judge in open court

'Tu bahar mil': Convict issues threat to judge in open court

Rediff.com22 Apr 2025

The man, it said, started "harassing the judge in open court in unofficial Hindi language with commentary against the mother of the judge".

No More ITR-2 for LTCG Up To 1.25 Lakh

No More ITR-2 for LTCG Up To 1.25 Lakh

Rediff.com2 May 2025

Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.

Improve Customer Service, Banks Told, Or Else!

Improve Customer Service, Banks Told, Or Else!

Rediff.com28 May 2025

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.

Buy Health Insurance Or Invest In FD?'

Buy Health Insurance Or Invest In FD?'

Rediff.com13 Mar 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

'Which Tax Regime For Rs 2 Lakhs Short Term Gains?'

'Which Tax Regime For Rs 2 Lakhs Short Term Gains?'

Rediff.com1 May 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

Planning For Higher Pension Under EPS?

Planning For Higher Pension Under EPS?

Rediff.com26 May 2023

Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.

'Can I Make 3 Cr In 20 Years?'

'Can I Make 3 Cr In 20 Years?'

Rediff.com14 May 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

'How Do I Reduce My Tax Burden?'

'How Do I Reduce My Tax Burden?'

Rediff.com20 Feb 2025

rediffGURU Yogendra Arora answers readers' personal income tax queries.

'Nagrik Devo Bhava': Modi's message to bureaucrats

'Nagrik Devo Bhava': Modi's message to bureaucrats

Rediff.com21 Apr 2025

Citing evolving needs and aspirations of the citizens, he said that the civil service must adapt to contemporary challenges to remain relevant.

'Withdrew PF. Zero Savings. How To Rebuild My Life?'

'Withdrew PF. Zero Savings. How To Rebuild My Life?'

Rediff.com24 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

'Want To Stop Saving In PPF. Is It Ok?'

'Want To Stop Saving In PPF. Is It Ok?'

Rediff.com6 May 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

FD Rate Cuts: Balance Returns With Safety

FD Rate Cuts: Balance Returns With Safety

Rediff.com16 Apr 2025

'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'

BJP lures Delhi voters with Rs 2500 aid for women, Rs 500 LPG

BJP lures Delhi voters with Rs 2500 aid for women, Rs 500 LPG

Rediff.com17 Jan 2025

The Bharatiya Janata Party (BJP) has released the first part of its manifesto for the upcoming Delhi assembly elections, promising Rs 2,500 monthly aid for women, LPG cylinders at Rs 500, and Rs 2,500 pension for senior citizens. BJP president JP Nadda also assured that all existing public welfare schemes in Delhi will continue if the party is voted to power. The manifesto also includes a promise to implement the 'Ayushman Bharat' scheme in Delhi, providing additional health cover of Rs 5 lakh.

Thousands of govt employees throng Ramlila maidan seeking old pension scheme

Thousands of govt employees throng Ramlila maidan seeking old pension scheme

Rediff.com1 Oct 2023

The protesters who had gathered under the banner of the Joint Forum for Restoration of Old Pension Scheme and National Joint Council of Action said they were worried about their post-retirement future.

How To Create Wealth And Retire Early? Ask rediffGURUS

How To Create Wealth And Retire Early? Ask rediffGURUS

Rediff.com4 Apr 2025

Start your journey to financial freedom today. Ask your questions and let our experts show you the way to a secure and prosperous future.