The Supreme Court of India has ruled that voluntary retirement is a distinct right of employees upon completion of the required years of service, clarifying the process and employer obligations.
The BJP has announced former IAS officer Debashish Sharma as its candidate for the upcoming Nagaon Lok Sabha bypoll in Assam. Sharma, who recently took voluntary retirement as Nagaon District Commissioner, joined the BJP and secured the party ticket within days. The by-election is scheduled for October 6, with counting on October 9. The seat was previously held by Pradyut Bordoloi of Congress, who later joined BJP. A complaint has been filed against Sharma regarding his tenure as DC.
VRS has been offered to Cong staff who have completed regular service of minimum five years in the organisation.
The sudden resignation by Admiral D K Joshi as navy chief in the wake of a spate of mishaps has been treated by the government as "voluntary retirement, which will ensure that he will not be deprived of any retirement benefits.
For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.
The EPF should remain a retirement nest egg, not be turned into an emergency fund.
The Indian government reports over 93,000 vacant posts in the Central Armed Police Forces (CAPFs) and Assam Rifles, impacting law enforcement and security capabilities. Recruitment efforts are underway to address the shortfall.
'Instead of choosing dialogue, the government chose repression... Force ought to be the last resort, not the first.'
India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.
A retired Navy officer has been arrested in Kerala after excise officials seized ganja and cannabis plants from his residence.
A retired Navy officer has been arrested in Kerala after excise officials seized ganja and cannabis plants from his residence.
Additional Superintendent of Police Narayan Baramani, who faced Chief Minister Siddaramaiah's anger during a Congress rally in Belagavi, said he was 'attending to his duty'. This comes after reports that he sought voluntary retirement from service after the incident.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
The most common mistake is investing without assessing suitability and long-term implications.
'When you attend an RSS function, the nation is your first priority.'
Pandian joined the Chief Minister's Office (CMO) in 2011, and since then, he has been Patnaik's private secretary.
Let's decode how EPS works, who qualifies, and how pensions are calculated, using simple examples for different salary levels.
Tata Group-owned Air India has extended the deadline for non-flying staff to apply for the Voluntary Retirement Scheme (VRS) till May 31. The deadline for applying for the VRS, which was announced in April, ended on April 30. "Last date to apply for voluntary retirement for all the eligible employees has been extended till May 31," Air India Chief Human Resources Officer Suresh Dutt Tripathi said in an internal communication on Monday.
Ashwini Vaishnaw has repeatedly warned officials "to take VRS and sit at home" if they did not perform.
Understanding severance pay isn't just for those who are losing their jobs
Senior leaders of the Biju Janata Dal (BJD) in India are calling for action against Rajya Sabha MP and national spokesperson Sasmit Patra for allegedly creating confusion among lawmakers regarding the Waqf (Amendment) Bill. The controversy arose after Patra, despite the party's announced opposition to the Bill, revealed he had voted in favor of it and stated that MPs could vote according to their conscience. The situation has led to accusations of a possible "deal" between the BJD and the Bharatiya Janata Party (BJP).
The Unified Pension System (UPS), approved by the Union Cabinet on Saturday, is "fiscally prudent" as it will be funded within the Centre's fiscal projections, according to T V Somanathan, the Cabinet Secretary-designate. Speaking to Business Standard immediately after the Cabinet nod, former finance secretary Somanathan, who headed the committee set up in March 2023 to review the National Pension System (NPS), said the UPS will not postpone pension expenditure as it will be contributory and financed each year.
Indian carrier Vistara on Monday announced voluntary retirement scheme (VRS) and voluntary separation scheme (VSS) for its permanent ground staff ahead of its merger with Air India, which had announced similar plans for its non-flying permanent staff two weeks ago.
Considered a close aide of Prime Minister Narendra Modi, Arvind Kumar Sharma kicked off his political innings after taking voluntary retirement from the Indian Administrative Service and became a member of the UP legislative council.
The government decided to relieve Bedi, who was holding the post of the director-general of the bureau of police research and development, from her duties on Monday.
Joshi's decision to step down comes a couple of days after Home Secretary L C Goyal sought early retirement, 17 months before his term was to lapse
Senior IPS officer Bharti Arora, currently posted as the inspector general of police of Ambala range in Haryana, has sought voluntary retirement from service citing personal grounds, and said she wants to dedicate the rest of her life to the service of Lord Sri Krishna.
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
Naveen Patnaik is known as an "absentee landlord" who needs bureaucrats like Pandian to run his government.
More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the past 12 months.
If gratuity is not paid within 30 days of termination, the employer must pay interest as set by the central government.
"The Corporation has decided to offer a voluntary retirement scheme, with a view to enable employees who are not in a position to continue in service of the Corporation due to various personal reasons, to request for grant of voluntary retirement from the services of the Corporation," Bharat Petroleum Corp Ltd (BPCL) said in an internal notice to its employees.
Tata-owned Air India has launched a Voluntary Retirement Scheme (VRS) for its employees- in the airline's first drive to reduce headcount. The salt-to-steel conglomerate acquired the carrier last year. As of November 2019, the airline had 9,426 permanent employees.
Chief Justice of India Sanjiv Khanna has recommended the impeachment of Allahabad High Court judge Yashwant Varma following an investigation into a cash discovery incident at his residence. The recommendation follows a report by a Supreme Court-appointed committee that confirmed allegations of cash discovery against Justice Varma. The CJI's recommendation is based on the established in-house procedure for dealing with allegations against judges of constitutional courts.
Subhash Chandra Garg, the former finance secretary who was shunted out of the finance ministry within three weeks of Modi-2.0 government's first budget last year, on Saturday alleged that new Finance Minister Nirmala Sitharaman got him transferred out.
The bench said the petition has relied on a March 2 verdict of the apex court which had ruled that the appointment of the Chief Election Commissioner and ECs will be done by the President on the recommendation of a committee, comprising the prime minister, Leader of the Opposition in Lok Sabha and the CJI, to maintain the "purity of election".
Internet major Google has appointed former joint secretary at Niti Aayog Archana Gulati as head of public policy in India. A Google spokesperson confirmed the appointment. Messages sent to Gulati elicited no immediate reply. Gulati was looking after digital communications policy matters at the government think tank and took voluntary retirement in April last year.
Vijay is counting on what was once proclaimed as his last filmi outing, Jana Nayagan, or 'People's Hero', to do the trick for him, when it releases on January 9, 2026, only months before the assembly poll, observes N Sathiya Moorthy.
The Supreme Court on Thursday said it was mystified as to how bureaucrat Arun Goel applied for voluntary retirement on November 18 last year if he was not aware about the proposal to appoint him as an election commissioner.
In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.
