The Centre had told the apex court that the entitlement of former MPs to get pension and other benefits was "justified" as their dignity has to be maintained.
India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their total defence budget so that they go into combat with superior weaponry and equipment.
A man who was ready to die for the country in his youth waits for his government to recognise his sacrifice and pay him his due in his old age.
Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.
'These include economic prosperity, a promising future for youth, empowerment for women, a thriving society, robust healthcare, quality education, elevated living standards, agricultural prosperity, and robust social security coupled with effective governance.'
'The committee has been constituted. Different government departments and FSDC members are part of it.'
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
In order to further enhance customer convenience, and to leverage the 24x7 availability of real-time gross settlement (RTGS), NACH which is currently available on bank working days, is proposed to be made available on all days of the week effective from August 1, 2021, RBI's Shaktikanta Das said.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
The continuing fiscal stimulus is heavily tilted towards capex, to the extent that it chips away a part of revenue spending. Accounting for other areas of revenue expenditure, such as salaries, pensions, subsidies and defence (committed spend), the room to spend on welfare schemes, health and education will narrow in FY22.
Uttar Pradesh Chief Minister Akhilesh Yadav on Wednesday launched a unique pension scheme for the poor called the 'Samajwadi Pension' that aims to cover as many as 40 lakh people not covered under the existing 'Old Age', 'Widow' or 'Disabled' pension schemes.
A 62-year-old farmer, who was part of the 'Delhi Chalo' agitation, died of heart attack in Khanauri on the Punjab-Haryana border, a farmer leader said on Friday.
'Young investors with limited funds should ensure that investing in NPS does not crowd out their other, more liquid, investments.'
Furnishing of Aadhaar is still mandatory for final settlement of pension
Compulsory retirement is part of a half-yearly exercise now for cases where government wants to weed out officers, but without taking the disciplinary proceedings route.
'Instead of joining us in celebrating the strikes, the MoD has stabbed us in the back,' says a top general.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The next government in these states may find it tough to push economic growth through long-term reforms, which would be necessary.
'We used to get Rs 250 for a Test match, and if the match was over in 4 days, 50 rupees were cut.'
rediffGURU Samkit Maniar answers readers' personal income tax queries
Here are some frequently asked questions about the one rank, one pension scheme
Addressing the nation on the 70th Independence Day from the Red Fort, the prime minister had announced a 20 per cent hike in the pension for freedom fighters.
The supplementary demands for grants include a gross additional spending of over Rs 2 lakh crore, which would be matched by savings of over Rs 1.21 lakh crore.
The pensioners have been agitating for last 18 years
'I wanted people to know that women across all ages have an exciting life.'
Making a case for reforms in the pension sector, the Economic Survey 2010-11 on Friday said the Parliament should expeditiously clear the long pending PFRDA Bill.
With effect from January 1, 2006, pension is calculated with reference to average emoluments.
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.
Three Union ministers and farmer leaders will meet in Chandigarh at 6 pm to discuss their demands, including a legal guarantee for MSP for crops and farm debt waiver.
'What happened was that over a period of time, the data analytics showed that many were claiming it and that it was being misused'
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.
'Sonia did not visit this place once since she won. Who's to say they won't lose this one, too?'
This Ulip from ICICI Prudential lets you forego your life cover.
The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.
In a big relief to over a crore retired employees of government and PSUs, a pensioner can now digitally provide proof of his existence to authorities for continuity of pension every year instead of requiring to present himself physically or through a Life Certificate issued by specified authorities.
The Army has now fallen behind the other two services for four years in a row.
'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'
Finance Minister Arun Jaitley, who wants pension and insurance funds to invest more in equities and infrastructure.
To offer additional support at the low end of the income ranges, the Centre will consider a large-scale jump in exemption rates under the old income-tax regime in the vote on account, or interim Budget, according to a senior official in the know. Those will include an extension of the income tax exemption rates close to Rs 7 lakh and additional measures for women farmers.
This Act had to be excluded from the list of the obsolete laws to be repealed as some of its provisions provide security to the pensioners against attachment of pension
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