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.
NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.
Taxation has played spoilsport despite double digit returns.
The finance ministry on Wednesday allowed all private sector banks to participate in government-related business, like collection of taxes. pension payments and small savings schemes. At the moment, only few large private sector are allowed to conduct government-related business.
Insurance firms have designed amazing retirment plans to lure more customers.
'We cannot leave our entire unorganised sector to the vagaries of market forces.'
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
The union has been opposing merger of State Bank of India's associate banks with the parent, outsourcing of work and extension of option to provident fund optees to join pension scheme, United Forum of Bank Employees said in Ludhiana.
'Modi must see how we live, what we have to do to educate our children.'
The finance ministry has appointed a Pension Fund Regulatory and Development Authority, which will soon roll out a National Pension Scheme for the informal sector or for whoever wants to join.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
The state's joblessness is three times higher than the national average of 7.8 per cent.
Despite the equity booster, many would be uncomfortable about NPS.
Raising equity exposure to 50 per cent in the National Pension Scheme will benefit young investors, provided they can stomach higher volatility.
Official panel points to bid deficiencies in rural job guarantee, pensions, housing and other programmes.
Investors across age groups and risk appetite can invest in these schemes.
Three days before the first phase of the Lok Sabha elections, the Bharatiya Janata Party on Monday, April 8, released its manifesto with a focus on development and national security.
Ask your HR department for details about the fund, trustees and returns
Soldiers remain firm in their protest against the delay in the implementation of the One Rank One Pension scheme.
Though the Congress, AAP and other Opposition parties may have high hopes and some positive takeaways to seize on from the results, it is the BJP which has a big headstart and is firmly in the lead.
Taking strong exception to complaints and grievances of people concerning the customs and excise sectors, Prime Minister Narendra Modi on Wednesday said strict action would be taken against erring officials.
Going by Himachal Pradesh's "riwaj", or tradition, it should be the Congress' turn to form the next government.
West Bengal Chief Minister Mamata Banerjee on Saturday accused NIA officials of attacking villagers in Purba Medinipur district, the BJP hit back at her saying that the attack on the NIA officials is Sandeshkhalli 2.0 orchestrated by the state.
'One Rank One Pension is needed immediately and more urgently for jawans and widows,' one elderly soldier tells Sudhir Bisht at Delhi's Jantar Mantar.
The delay in receiving the revised pension was due to problems in calculation at his bank's end.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
The new 'Form 5' has been brought for the benefit of pensioners and it will record all information on the basis of self-attestation by the individual concerned, said Sanjay Kothari, Secretary, Department of Administrative Reforms, Public Grievances and Pension.
Policy decisions, particularly those which have wide-ranging implications on the nation's health and security, should be decided by bodies best suited to do so, the Delhi high court said on Monday while refusing to interfere with the Agnipath scheme.
In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.
Migrant workers play a very vital role in building the nation and their rights cannot be ignored at all, the Supreme Court said on Thursday while asking the Centre to devise a mechanism so that they receive food grains without ration cards.
Wordsmiths and artists of different parties are working overtime to deliver punches and counter punches in their bid to reach out to voters through different platforms ranging from Facebook to YouTube.
The defence budget was on Thursday increased to Rs 6.21 lakh crore for 2024-25 in a modest hike of 4.72 per cent from last year's allocation of Rs 5.25 lakh crore amid India's continuing border row with China in eastern Ladakh as well as concerns over evolving security situation in the strategic waterways.
Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
Facing flak over its decision to impose tax at the time of withdrawal on 60 per cent of the contributions to Employees' Provident Fund, the government on Tuesday clarified that only interest accrued on 60 per cent contribution to EPF after April 1, 2016 will be taxed.
SBI Q3FY24 result review: A higher-than-factored weakness in the October-to-December quarter (Q3) results of State Bank of India (SBI), for financial year 2023-24 (FY24), has prompted brokerages to cut earnings estimates for the ongoing financial year. They, however, have maintained 'Buy' ratings on the stock, revising target price upwards in some cases, owing to the stock's recent underperformance relative to its peers.
Finance Minister Nirmala Sitharaman on Wednesday said the National Rural Livelihood Mission has achieved remarkable success by mobilising rural women into 1 lakh SHGs (self help groups).
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Denmark has been rated as the country with the best retirement system in the world.
Suggestions have been invited from the public to improve the draft bill and July 19 is the last date for it.
Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.
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