Apart from Bihar, Chhattisgarh and Jharkhand, where none of the estimated 6.7 million construction workers got cash transfer benefits, the coverage of the construction workers was the lowest in Delhi, where only about 5 per cent of the estimated workers received cash under the PMGKY, followed by Kerala and Uttar Pradesh (22 per cent), among major states. In India, construction workers belong to the unorganised sector but account for the highest share of non-farm jobs after manufacturing.
Governor E S L Narasimhan administered the oath of office and secrecy to the 46-year-old leader, whose party emerged victorious in 151 seats in the 175-member strong state assembly.
As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs 1,00,495.94 crore as on July 3.
Bournemouth have furloughed staff while top executives and coaches have taken voluntary pay cuts to help ease the financial impact of the coronavirus crisis on the south-coast side, the Premier League club said on Wednesday.
A total number of 1,083 officials have been dismissed from government service under the applicable disciplinary rules in the ministry, including its organisations, during the last five years.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Underlining that 'maximum' demands of the veterans have been fulfilled, he said the judicial commission that will be set up will look into the 'problems'.
Rediff.com takes a look at the progress of schemes initiated by the government.
Reduction in the mandatory minimum contribution and extension to invest in the scheme from 60 years to 70 years has made the National Pension Scheme more friendly, says Anil Chopra, Group CEO & Director Bajaj Capital
"Those who ruled for decades since Independence believed Dispur was too distant from Delhi. 'Dilli ab door nahi aapke darwaaze par hai' (Delhi is not far now, it stands at your doorstep," he told a massive gathering.
The Congress has asked Prime Minister Narendra Modi to take up the issue of former IPL chairman Lalit Modi's deportation during his ongoing visit to UK and to ensure that the "fugitive" and "black money exporter" is brought back.
Will the EPFO be required to deduct tax at source or will the employee have to calculate the tax and pay it separately?
Former Delhi minister and Aam Aadmi Party candidate from Mangolpuri assembly Rakhi Birla feels people were disappointed by the resignation of Arvind Kejriwal as chief minister but they have not 'broken up' with the party and will make it a clear winner in the polls on Saturday.
The Cabinet on Friday gave mandate to the 7th Pay Commission for revising salaries of over 50 lakh central government employees and remuneration of 30 lakh pensioners.
Now that almost 10 infrastructure ministries have submitted a fresh list of their core infrastructure assets, the government has realised it stands to make much more money from asset monetisation than previously thought. Two persons in the government said it stood to garner over 30 per cent more than the earlier estimates of Rs 2.5 trillion over the next four years under the National Monetisation Pipeline (NMP). The NMP, which is being prepared by Niti Aayog, is in the advanced stages of finalisation and is expected to be unveiled in August.
Later, there may be some tax relief aimed at the middle class and measures to benefit the sectors worst hit by Covid-19 and the resultant nationwide lockdown.
The Pension Fund and Regulatory Development Authority has unveiled a savings account scheme under the New Pension Scheme which would allow investors to enter and exit at will. The account, called Tier-II, will be available only to those who have subscribed to Tier-I, which an investor cannot exit till the age of 60. Tier-I, a pension account, was launched in May but has not found too many subscribers in the absence of tax benefits at the time of withdrawal.
Families with tax-paying members, government employees, professionals, among those who have been exempted from the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.
But to avail the benefit of this new tax-saving scheme you will need to ask your employer to make some changes to your CTC package.
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Denmark has been rated as the country with the best retirement system in the world.
Ex-servicemen on Tuesday started returning their medals to protest the government notification on implementation of 'one rank-one pension', which they have rejected, and hit back at Defence Minister Manohar Parrikar who termed the agitationists as misguided.
Mere retirement will not be a ground for dropping proceedings against corrupt government servants who will now face a 10 per cent cut in pension in case of minor penalty.
That AAP managed a sizeable vote share in Gujarat is creditable. The BJP can no longer ignore AAP's growing presence in its strongest bastion, explains Ramesh Menon, long-time observer of Gujarat politics.
'Those who thought they are above law and above courts of the country are now approaching courts praying bail; some people have already gone inside (jail) which is their rightful place.'
Vaccinating 100-200 people in each session per day, monitoring them for 30 minutes after administering the shots for any adverse event and allowing only one beneficiary at a time are among the guidelines issued by the Centre for the COVID-19 inoculation drive.
Inverting the whole idea of stock-picking is throwing up new winners and winning strategies.
In a move to cut down wastage, duplication and leakages and enhance efficiency, the Prime Minister has given a major push to transfer individual benefits from the government directly into the bank accounts of beneficiaries.
The PFRDA Act would give statutory status to the pensions sector regulator, and in addition to other objectives, aims to address apprehensions regarding safety and yield under the National Pension System.
Modi, while addressing the 150th anniversary programme of Kolkata Port Trust, invoked Mookerjee and B R Ambedkar and said their contributions had led to the development of the country post Independence, but suggestions made by them were not implemented after they resigned from the government.
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The deduction will be higher and net take-home pay will fall.
Congress and the Bharatiya Janata Party were on Saturday engaged in a bitter war of words over government's announcement of 'One Rank One Pension' with the opposition party calling its provisions "betrayal" of ex-servicemen while the ruling outfit accused Congress of playing a "joke" on veterans when in power.
The point to note is that since the new rebate is up to a taxable income of Rs 5 lakh, if anyone earns even little more (say, even Rs 100 more) than this amount, he would have to pay all the taxes, according to the existing slabs.
It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The extension has been given as the government wanted to ensure that genuine beneficiaries who do not have an Aadhaar number are not denied benefits for the lack of the biometric identifier
The Centre also referred to various international economic reports and surveys to emphasise on the need for Aadhaar.
The Board also resolved that only players could wear the India caps and not the working staff.
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