Sukhu restores old pension scheme, says will keep all poll promises

Keeping its poll promise, the Himachal Pradesh government led by Chief Minister Sukhvinder Singh Sukhu in its first cabinet meeting on Friday approved restoration of the old pension scheme. IMAGE:......

Cabinet approves assured pension for govt employees

Union Cabinet on Saturday approved an assured 50 per cent of salary as pension for 23 lakh government employees who joined service under the National Pension System (NPS). IMAGE: Information and......

SC bats for 'one rank one pension' for all ex-HC judges

The Supreme Court on Monday directed uniform pension benefits for all retired high court judges, irrespective of their mode of appointment or tenure, saying "one rank one pension has to be the norm......

The pension dilemma: Ring in the old, out with the new?

With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a......

Unknown virtues of new pension scheme

The New Pension Scheme, if tweaked, can create a win-win situation for investors as well as for government. While savers can benefit from forced investments in the long term, the latter can use the......

Domestic pension fund flows into equities at record high

A record amount of pension money may be finding its way into the stock market, if buying figures in the National Stock Exchange (NSE) data are any indication. Illustration: Dominic Xavier/Rediff......

Over 500,000 join New Pension Scheme

The government on Tuesday said that more than 500,000 people have subscribed to its New Pension Scheme till June-end. The New Pension Scheme (NPS), launched by the government, was extended to all......

Tax code exempts New Pension Scheme from tax

The revised Direct Taxes Code, which will introduce several changes if implemented, has brought New Pension Scheme under the tax exempt net. This new change will make New Pension Scheme an......